FY2025 EPS Estimates for CVE:ELE Increased by Analyst

Elemental Altus Royalties Corp. (CVE:ELE) – Equities researchers at National Bank Financial raised their FY2025 earnings per share (EPS) estimates for Elemental Altus Royalties in a research note issued to investors on Tuesday, August 19th. National Bank Financial analyst S. Nagle now forecasts that the company will earn $0.07 per share for the year, up from their previous forecast of $0.05. National Bank Financial has a “Strong-Buy” rating on the stock. National Bank Financial also issued estimates for Elemental Altus Royalties’ Q1 2026 earnings at $0.03 EPS and FY2026 earnings at $0.11 EPS.

Elemental Altus Royalties Price Performance

Shares of ELE opened at C$2.10 on Friday. The firm has a fifty day moving average price of C$1.99 and a 200 day moving average price of C$1.57. The stock has a market cap of C$356.72 million and a PE ratio of 259.48. Elemental Altus Royalties has a 1-year low of C$1.00 and a 1-year high of C$2.20.

Elemental Altus Royalties Company Profile

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.