CVE:ELE FY2025 EPS Forecast Cut by National Bank Financial

Elemental Altus Royalties Corp. (CVE:ELE - Free Report) - Investment analysts at National Bank Financial lowered their FY2025 earnings per share (EPS) estimates for Elemental Altus Royalties in a note issued to investors on Tuesday, April 22nd. National Bank Financial analyst S. Nagle now expects that the company will post earnings per share of $0.07 for the year, down from their prior estimate of $0.09. National Bank Financial also issued estimates for Elemental Altus Royalties' FY2026 earnings at $0.07 EPS.

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.

Elemental Altus Royalties Stock Performance

Shares of ELE remained flat at C$1.48 during trading hours on Friday. 18,450 shares of the company were exchanged, compared to its average volume of 74,390. The firm has a market capitalization of C$251.40 million and a PE ratio of 182.87. Elemental Altus Royalties has a one year low of C$0.97 and a one year high of C$1.52. The business has a 50 day moving average of C$1.31.

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.