The Globe and Mail reports in its Tuesday, April 23, edition that Canaccord Genuity analyst Carey MacRury increased his share target for Altius Minerals to $24.50 from $24 with an unchanged "buy" recommendation. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $24.25. Mr. MacRury writes in a note: "We reiterate our 'buy' rating on Altius and increase our target price following the release of the company's Q1/24 preliminary revenue which was 8 per cent higher than Q4. The uptick in the quarter was largely on renewables, partially offset by thermal coal revenue of nil after the Genesee mine ceased operations at the end of 2023. We've also updated our model to reflect our recently updated commodity price deck. Our 'buy' rating is based on Altius's low-risk exposure to a high-quality royalty portfolio with long-life assets, upcoming potential catalysts and proven management team." The Globe reported on June 14, 2022, that Mr. MacRury continued to rate Altius Minerals "buy." The shares could then be had for $18.41. The Globe reported on April 10, 2024, that Scotia Capital analyst Orest Wowkodaw rated Altius "sector perform." It was then worth $20.59.