Short Interest in Elemental Altus Royalties Corp. (OTCMKTS:ELEMF) Grows By 106.3%

Elemental Altus Royalties Corp. (OTCMKTS:ELEMF) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 26,400 shares, an increase of 106.3% from the February 29th total of 12,800 shares. Based on an average daily volume of 87,400 shares, the short-interest ratio is presently 0.3 days.

Elemental Altus Royalties Price Performance

OTCMKTS:ELEMF traded up $0.01 during midday trading on Thursday, hitting $0.84. The company’s stock had a trading volume of 622 shares, compared to its average volume of 27,015. Elemental Altus Royalties has a fifty-two week low of $0.74 and a fifty-two week high of $1.15. The firm’s 50 day moving average is $0.81 and its 200-day moving average is $0.82.

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.