Elemental Altus Royalties Corp. (CVE:ELE – Free Report) – Analysts at National Bank Financial dropped their FY2025 earnings per share (EPS) estimates for shares of Elemental Altus Royalties in a research note issued to investors on Wednesday, June 11th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of $0.05 per share for the year, down from their prior forecast of $0.06. National Bank Financial has a “Strong-Buy” rating on the stock.
Separately, Raymond James boosted their price objective on Elemental Altus Royalties from C$2.00 to C$2.25 in a research note on Friday, April 4th.
Elemental Altus Royalties Stock Performance
Shares of ELE stock opened at C$1.57 on Friday. Elemental Altus Royalties has a 1 year low of C$0.97 and a 1 year high of C$1.77. The stock has a fifty day moving average of C$1.43 and a two-hundred day moving average of C$1.28. The firm has a market capitalization of C$266.69 million and a PE ratio of 193.99.
About Elemental Altus Royalties
Endesa, SA engages in the generation, distribution, and sale of electricity primarily in Spain and Portugal. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar. As of December 31, 2020, its distributed electricity to approximately 21 million populations covering a total area of approximately 195,488 square kilometers.
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