STOCK TITAN

ELEMENTAL ALTUS ROYALTIES - ELEMF STOCK NEWS

Welcome to our dedicated page for ELEMENTAL ALTUS ROYALTIES news (Ticker: ELEMF), a resource for investors and traders seeking the latest updates and insights on ELEMENTAL ALTUS ROYALTIES stock.

Elemental Altus Royalties Corp. (ELEMF) is a revenue-generating precious metals royalty company with a diversified portfolio of pre-production and discovery stage assets. The company focuses on acquiring uncapped royalties and streams over producing or near-producing mines operated by established counterparties. Led by CEO Frederick Bell, Elemental Altus has reported a sixth successive year of record revenue, with a strong outlook for 2024. The company's 2023 adjusted revenue of approximately US$17.8 million exceeded guidance, driven by a significant increase in sales volume. By strengthening its financial position and expanding its royalty portfolio, Elemental Altus aims to provide investors with exposure to gold while reducing risk.

Rhea-AI Summary
Elemental Altus Royalties Corp. notes Allied Gold Corporation's approval of development work at the Diba gold project in Mali, with production expected to start in H1 2024. Elemental Altus holds a 3% NSR royalty and will receive milestone payments. The project is forecasted to generate over 6,000 GEOs and up to $6 million in cash payments over 2024-2025. The potential for further expansion and exploration adds future value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.79%
Tags
none
-
Rhea-AI Summary
Elemental Altus completes acquisition of royalties for US$10,000,000 in common shares. Includes 0.68% net smelter return royalty on Cactus Project and 0.5% gross revenue royalty on Nyanga Copper-Nickel Project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
Tags
-
Rhea-AI Summary
Elemental Altus announces voting results from Annual General and Special Meeting
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
none
Rhea-AI Summary
Elemental Altus Royalties Corp. announces a subscription agreement with In2Metals Explorer for Akh Gold Ltd.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
none
-
Rhea-AI Summary
Elemental Altus Royalties Corp. announces acquisition of two royalties from RCF Opportunities Fund for US$10,000,000
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Elemental Altus Royalties Corp. reports record revenue and impressive growth in Q2 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.72%
Tags
none
Rhea-AI Summary
Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) announces the sale of its Ethiopian subsidiary to ANS Exploration Corp., resulting in the generation of two new gold and copper Net Smelter Return royalties. The Transaction includes cash consideration, equity interests, and milestone performance payments. ANS has a 5-year buy-back option on up to 1% of the royalties. The Company's CEO and ANS' COO expressed optimism about the potential of the Projects in northern Ethiopia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.61%
Tags
none
-
Rhea-AI Summary
Elemental Altus Royalties Corp. announces the sale of its subsidiary Legend Mali to Allied Gold Corporation. The sale includes a cash payment of up to US$6 million and a Net Smelter Return royalty of up to 3% on gold produced from the project. The Diba Project is located near Allied's Sadiola Gold Mine and will contribute to its near-term production. The sale demonstrates Elemental Altus' ability to generate new and high impact royalties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.65%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.28%
Tags
none

FAQ

What is the current stock price of ELEMENTAL ALTUS ROYALTIES (ELEMF)?

The current stock price of ELEMENTAL ALTUS ROYALTIES (ELEMF) is $0.7921 as of December 20, 2024.

What is the market cap of ELEMENTAL ALTUS ROYALTIES (ELEMF)?

The market cap of ELEMENTAL ALTUS ROYALTIES (ELEMF) is approximately 210.4M.

What is Elemental Altus Royalties Corp.?

Elemental Altus Royalties Corp. is a revenue-generating precious metals royalty company with a focus on acquiring uncapped royalties and streams over producing or near-producing mines.

Who leads Elemental Altus Royalties Corp.?

Frederick Bell is the CEO of Elemental Altus Royalties Corp., leading the company's operations and strategic initiatives.

What was the company's financial performance in 2023?

In 2023, Elemental Altus reported record revenue of approximately US$17.8 million, marking the sixth consecutive year of revenue growth.

What are the key highlights of Elemental Altus Royalties Corp.?

Elemental Altus focuses on building a diversified royalty portfolio, expanding revenue streams, and offering investors exposure to gold with reduced risk.

What is the outlook for Elemental Altus in 2024?

Elemental Altus expects to generate significant free cash flow in 2024, invest in new opportunities, and benefit from the strong performance of gold and copper markets.

ELEMENTAL ALTUS ROYALTIES

OTC:ELEMF

ELEMF Rankings

ELEMF Stock Data

210.38M
45.35M
52.28%
4.51%
Gold
Basic Materials
Link
United States of America
Vancouver