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

Elemental Altus Royalties Corp. (OTCMKTS:ELEMF) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 33,900 shares, an increase of 1,312.5% from the October 15th total of 2,400 shares. Based on an average daily volume of 90,200 shares, the short-interest ratio is presently 0.4 days.

Elemental Altus Royalties Stock Down 6.7 %

Shares of OTCMKTS ELEMF traded down $0.06 during midday trading on Tuesday, reaching $0.84. 41,560 shares of the company’s stock were exchanged, compared to its average volume of 28,542. Elemental Altus Royalties has a 52-week low of $0.64 and a 52-week high of $0.95. The business’s fifty day moving average price is $0.86 and its two-hundred day moving average price is $0.83.

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.