Brokers Offer Predictions for CVE:ELE Q1 Earnings

Elemental Altus Royalties Corp. (CVE:ELEFree Report) – Research analysts at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for Elemental Altus Royalties in a research note issued to investors on Tuesday, April 22nd. National Bank Financial analyst S. Nagle expects that the company will earn $0.01 per share for the quarter.

Separately, Raymond James lifted their price objective on shares of Elemental Altus Royalties from C$2.00 to C$2.25 in a research report on Friday, April 4th.

Read Our Latest Stock Analysis on Elemental Altus Royalties

Elemental Altus Royalties Price Performance

Shares of ELE opened at C$1.44 on Thursday. The company’s 50 day simple moving average is C$1.28. Elemental Altus Royalties has a 12-month low of C$0.97 and a 12-month high of C$1.52. The company has a market cap of C$244.61 million and a P/E ratio of 177.93.

About Elemental Altus Royalties

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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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