Elemental Altus Royalties Corp. (CVE:ELE - Free Report) - Raymond James Financial cut their FY2025 EPS estimates for shares of Elemental Altus Royalties in a research report issued on Tuesday, August 19th. Raymond James Financial analyst B. Macarthur now forecasts that the company will post earnings of $0.08 per share for the year, down from their previous estimate of $0.10.
Separately, National Bank Financial upgraded shares of Elemental Altus Royalties from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, June 11th. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Strong Buy" and a consensus price target of C$2.25.
Read Our Latest Report on Elemental Altus Royalties
Elemental Altus Royalties Price Performance
Shares of CVE:ELE traded down C$0.04 during trading on Wednesday, hitting C$2.10. 54,981 shares of the company were exchanged, compared to its average volume of 104,471. The stock has a market capitalization of C$356.72 million and a P/E ratio of 259.48. Elemental Altus Royalties has a 12-month low of C$1.00 and a 12-month high of C$2.20. The firm's 50 day moving average price is C$1.99 and its 200-day moving average price is C$1.57.
Elemental Altus Royalties Company Profile
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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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