Elemental Royalties Corp. (TSE:ELE) has released an update.
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Elemental Altus Royalties Corp. has announced a record-breaking annual revenue of approximately $17.8 million for 2023, marking a 70% increase from the previous year and surpassing their own revenue guidance. This achievement represents the company’s sixth consecutive year of record revenues, with significant contributions from acquisitions, including royalties from the Caserones copper mine and the advancement of exploration and development projects. The CEO highlights the company’s strong financial position, cost reductions for 2024, and a strategy focused on value creation with minimal shareholder dilution.
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