TSX:ALSMetals and Mining
Altius Minerals (TSX:ALS) Following Its Bought Deal Raise, Does The Undervalued View Hold
Altius Minerals (TSX:ALS) has agreed to a C$181.5 million bought deal public offering of 3,000,000 common shares at C$60.50. The offering represents a material capital raise tied to recent acquisitions and balance sheet strength.
See our latest analysis for Altius Minerals.
Despite the equity raise being priced close to the market, Altius Minerals' current share price of CA$57.46 comes after a 39.26% year to date share price return and a very strong 110.91% total shareholder return over the...