Royal Gold, Inc. shares rise 1.72% intraday after Elemental Altus expands royalty portfolio.

Royal Gold, Inc. rose 1.72% intraday, with the company's stock performance aligning with the recent news of Elemental Altus Royalties Corp. acquiring a cornerstone gold royalty at Laverton in Western Australia. This acquisition builds on the company's existing coverage, creating a cornerstone gold royalty in a Tier 1 jurisdiction.