Elemental Altus Royalties Corp. (OTCMKTS:ELEMF) Sees Significant Decrease in Short Interest

Elemental Altus Royalties Corp. (OTCMKTS:ELEMF) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 16,900 shares, a drop of 49.2% from the January 31st total of 33,300 shares. Based on an average daily volume of 75,600 shares, the days-to-cover ratio is presently 0.2 days.

Elemental Altus Royalties Trading Up 3.4 %

Shares of OTCMKTS ELEMF traded up $0.03 during midday trading on Friday, hitting $0.86. The company’s stock had a trading volume of 64,839 shares, compared to its average volume of 44,940. The business’s fifty day simple moving average is $0.81 and its two-hundred day simple moving average is $0.83. Elemental Altus Royalties has a 1 year low of $0.64 and a 1 year high of $0.95.

Elemental Altus Royalties Company Profile

Elemental Altus Royalties Corp., a precious metals royalty company, engages in the acquisition of royalties, streams, and other rights over mining projects. It has a portfolio of 11 royalties and streams in Australia, Chile, Canada, Burkina Faso, Cote d'Ivoire, Mexico, and Kenya. The company is headquartered in Vancouver, Canada.