Short Interest in Elemental Altus Royalties Corp. (OTCMKTS:ELEMF) Drops By 27.2%

Elemental Altus Royalties Corp. (OTCMKTS:ELEMF) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 12,300 shares, a decline of 27.2% from the February 13th total of 16,900 shares. Based on an average daily volume of 120,100 shares, the days-to-cover ratio is presently 0.1 days.

Elemental Altus Royalties Stock Performance

OTCMKTS:ELEMF opened at $0.89 on Monday. The firm’s 50-day moving average is $0.82 and its 200-day moving average is $0.83. Elemental Altus Royalties has a 52-week low of $0.64 and a 52-week high of $0.95.

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.