Minerals Alternative investors can look to the mineral market to find bargain stocks related to future technology and renewable energy. As the demand for minerals, clean energy and electric vehicles rises, so too does the demand for metals like nickel, copper, and cobalt. Altius Minerals Corp. (OTC: ATUSF) has exposure to all of these metals through its mining holdings, making it a bargain pick to consider this week.

Altius Minerals is a strong fiscal performer that has generated five consecutive years of top-line growth. In 2019, revenue was up by 8.57% while gross income was up by 11.06%. As a diversified mineral royalty company, strong returns are a focus for the leadership. At the end of the last fiscal year, the company reported an impressive gross margin of 53.80% and an EBITDA margin of 61.74%.

Profitability allows for a reliable dividend that produces a yield of 1.79% at today’s price. In a field of bargain investments that struggle to produce dividend returns, this pick stands out. There’s also an upside likely for investors who buy now, with a target price of $15.71 looking achievable.

Key Data:

  • 1 Year Price Growth: 16%
  • YTD Price Growth: -7.37%
  • 3 Month Price Growth: 49%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.