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

Elemental Altus Royalties Corp. (OTCMKTS:ELEMF) was the recipient of 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 trading volume, of 87,400 shares, the days-to-cover ratio is presently 0.3 days.

Elemental Altus Royalties Trading Up 0.8 %

Shares of ELEMF traded up $0.01 during trading hours on Thursday, reaching $0.84. 622 shares of the company traded hands, compared to its average volume of 27,015. Elemental Altus Royalties has a 12 month low of $0.74 and a 12 month high of $1.15. The company’s fifty day moving average price is $0.81 and its two-hundred day moving average price is $0.82.

About Elemental Altus Royalties

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.