Martin Emery Joseph Turenne Purchases 7,800 Shares of Elemental Altus Royalties Corp. (CVE:ELE) Stock

Elemental Altus Royalties Corp. (CVE:ELE - Get Free Report) Director Martin Emery Joseph Turenne acquired 7,800 shares of Elemental Altus Royalties stock in a transaction on Tuesday, May 27th. The stock was purchased at an average price of C$1.48 per share, with a total value of C$11,544.00.

Elemental Altus Royalties Price Performance

Shares of ELE remained flat at C$1.47 during mid-day trading on Friday. The stock had a trading volume of 94,386 shares, compared to its average volume of 77,208. Elemental Altus Royalties Corp. has a fifty-two week low of C$0.97 and a fifty-two week high of C$1.60. The stock's fifty day moving average price is C$1.39 and its 200-day moving average price is C$1.25. The stock has a market cap of C$249.70 million and a P/E ratio of 181.64.

Wall Street Analysts Forecast Growth

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

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.