Elemental Altus Royalties (OTCMKTS:ELEMF) Trading Down 0.8% – Should You Sell?

Elemental Altus Royalties Corp. (OTCMKTS:ELEMFGet Free Report) dropped 0.8% on Friday . The stock traded as low as $17.63 and last traded at $17.88. Approximately 21,500 shares changed hands during trading, a decline of 73% from the average daily volume of 78,550 shares. The stock had previously closed at $18.02.

Elemental Altus Royalties Stock Performance

The firm has a fifty day simple moving average of $5.51 and a two-hundred day simple moving average of $2.65.

About Elemental Altus Royalties

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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.

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