Download - Elemental Altus Forecasts their 7th Consecutive Year of Growth

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Mining Stock Daily

Business:Investing

Elemental Altus Forecasts their 7th Consecutive Year of Growth

2024-04-11

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Fred Bell, CEO of Elemental Altus Royalties joins us in Zurich to talk about their materially higher guidance for 2024. The company has even gone far to discuss 2025. For this year, the company is projecting Adjusted Revenue of approximately US$20.0 to US$23.3 million at prices of US$2,000 per ounce of gold and US$3.90 per pound of copper. Alongside royalty revenue, the Company expects to receive approximately US$20 million in payments from the portfolio over 2024 and 2025.