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

Elemental Altus Royalties Corp. (OTCMKTS:ELEMF) was the target of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 33,300 shares, an increase of 184.6% from the January 15th total of 11,700 shares. Based on an average daily trading volume, of 113,200 shares, the short-interest ratio is presently 0.3 days.

Elemental Altus Royalties Trading Down 0.8 %

Shares of Elemental Altus Royalties stock traded down $0.01 during midday trading on Wednesday, hitting $0.83. The company had a trading volume of 25,980 shares, compared to its average volume of 40,366. The business’s 50 day simple moving average is $0.81 and its two-hundred day simple moving average is $0.82. 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.