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Elemental Altus Projects Significant Revenue Growth and Strengthens Board

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Elemental Altus Projects Significant Revenue Growth and Strengthens Board

Elemental Royalties ( (TSE:ELE) ) has shared an announcement.

Elemental Altus Royalties Corp. has announced a forecasted 50% growth in adjusted revenue for 2025, expecting to reach US$32 million, driven by record Gold Equivalent Ounces and strategic royalty investments. The company also appointed Sandeep Singh as an independent non-executive director, highlighting its commitment to strengthening its board and continuing its trajectory of revenue growth, as evidenced by a 21% increase in 2024 revenue compared to 2023.

More about Elemental Royalties

Elemental Altus Royalties Corp. operates in the mining industry, focusing on gold and copper royalties. The company is known for its strategic investments in royalty streams, which provide it with a steady income from mining operations without the need to directly manage the mines.

YTD Price Performance: 8.70%

Average Trading Volume: 72,137

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$307.2M

Find detailed analytics on ELE stock on TipRanks’ Stock Analysis page.

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