Market Performance of Elemental Royalty and Peer Companies
During a 24‑hour trading window that closed at 02:51 AM Central Europe on Thursday 22 October 2026, Elemental Royalty (A980.F) experienced a modest decline of 0.6 %. The share is presently priced at CAD 23.61 on major exchanges, reflecting a market capitalisation of approximately CAD 1.5 billion. In the most recent 24 hours, roughly CAD 874.8 k of the company’s shares were exchanged, against a total outstanding supply of 64.2 million shares.
The firm’s recent trajectory has been notably bearish: at month‑end, the stock had fallen 23.74 %. The 200‑day simple moving average sits at CAD 26.15, underscoring the current undervaluation relative to longer‑term momentum. Over the past 52 weeks, Elemental Royalty’s price ranged from a low of CAD 17.75 on 21 November 2025 to a high of CAD 34.29 on 29 January 2026, illustrating a significant swing that recent investors should heed.
Peer Comparison Over the Last 24 Hours
| Company | Ticker | 24‑hour % Move | Current Price (CAD) | Market Cap (CAD) | P/E (where applicable) |
|---|---|---|---|---|---|
| Saturn Oil & Gas | SOIL.TO | –1.28 % | 9.40 | 1.7 bn | 41.95 |
| Benz Mining | BZ.V | –13.2 % | 4.12 | 1.8 bn | – |
| Americas Gold & Silver Corp | SZ7.F | –5.07 % | 5.05 | 1.8 bn | – |
| United Corporations | UNC.TO | –1.51 % | 15.10 | 1.7 bn | 2.78 |
| New Pacific Metals | NUAG.TO | –2.87 % | 9.02 | 1.8 bn | – |
All five peers registered declines during the same period, with Benz Mining showing the sharpest drop at –13.2 %. The price‑to‑earnings ratios for Saturn Oil & Gas and United Corporations, at 41.95 and 2.78 respectively, provide context for evaluating their valuation relative to Elemental Royalty’s own price dynamics.
Company Overview
Elemental Altus Royalties Corp. is a gold‑royalty entity headquartered in Vancouver, Canada, that focuses on acquiring interests in royalty and mining ventures worldwide. The company is listed on the TSX Venture Exchange and serves a global customer base. Further details can be found on the firm’s website at www.elementalaltus.com .
