1,303,900 Shares in Elemental Royalty Corp $ELE Purchased by Yorkville Advisors Global LP

Key Points

• Yorkville Advisors Global LP bought 1,303,900 shares of Elemental Royalty, valued at approximately $9.3 billion according to the filing, giving it a 2.03% stake and making ELE its fourth-largest portfolio holding.
• Elemental Royalty reported quarterly EPS of $0.06, missing the $0.13 consensus estimate, while generating $23.79 million in revenue. The company also declared a quarterly dividend of $0.03, equivalent to a 0.6% annualized yield.
• Analyst sentiment remains cautious: ELE has a consensus “Hold” rating, although HC Wainwright raised its price target to $33 and maintained a “Buy” rating.

Yorkville Advisors Global LP bought a new position in shares of Elemental Royalty Corp (NASDAQ:ELE - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,303,900 shares of the company's stock, valued at approximately $9,309,846,000. Elemental Royalty accounts for approximately 10.8% of Yorkville Advisors Global LP's portfolio, making the stock its 4th largest holding. Yorkville Advisors Global LP owned about 2.03% of Elemental Royalty as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of ELE. Sprott Inc. purchased a new stake in Elemental Royalty in the 4th quarter worth approximately $31,830,000. Medici Capital LLC acquired a new stake in shares of Elemental Royalty during the 4th quarter worth approximately $14,890,000. Condire Management LP purchased a new position in shares of Elemental Royalty during the 4th quarter valued at approximately $11,646,000. Amundi purchased a new position in shares of Elemental Royalty during the 1st quarter valued at approximately $12,813,000. Finally, Marshall Wace LLP acquired a new position in shares of Elemental Royalty in the 4th quarter valued at $5,243,000.

Elemental Royalty Stock Performance

Shares of ELE stock opened at $21.06 on Monday. Elemental Royalty Corp has a 12-month low of $12.58 and a 12-month high of $26.96. The business's 50 day moving average is $16.42 and its two-hundred day moving average is $18.45. The company has a market capitalization of $1.35 billion and a P/E ratio of 1,053.00.

Elemental Royalty (NASDAQ:ELE - Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The company reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.13 by ($0.07). The business had revenue of $23.79 million during the quarter. Elemental Royalty had a net margin of 4.01% and a return on equity of 0.53%. On average, research analysts predict that Elemental Royalty Corp will post 0.23 earnings per share for the current fiscal year.

Elemental Royalty Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.03 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.12 dividend on an annualized basis and a yield of 0.6%. Elemental Royalty's dividend payout ratio (DPR) is currently 600.00%.

Wall Street Analyst Weigh In

ELE has been the topic of a number of recent analyst reports. HC Wainwright increased their price target on shares of Elemental Royalty from $32.50 to $33.00 and gave the stock a "buy" rating in a report on Wednesday, August 12th. Weiss Ratings raised shares of Elemental Royalty from a "sell (d+)" rating to a "hold (c)" rating in a report on Wednesday. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $33.00.

Elemental Royalty Profile

Elemental Royalties NASDAQ: ELE is a publicly traded company that acquires and manages royalty and streaming interests in the mining sector. The firm focuses on securing long‑lived, low‑cost interests that provide ongoing, contractually defined payments or metal deliveries from producing and near‑term development mineral projects. By targeting royalties and streams rather than operating mines, the company seeks exposure to commodity price upside while avoiding the capital intensity and operating risks of miners.

Elemental Royalties’ activities include sourcing and negotiating royalty and stream transactions, performing technical and commercial due diligence on potential assets, and actively managing a diversified portfolio of interests.

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