Analysts Offer Predictions for CVE:ELE FY2027 Earnings

Elemental Altus Royalties Corp. (CVE:ELE - Free Report) - Investment analysts at National Bank Financial issued their FY2027 earnings per share estimates for shares of Elemental Altus Royalties in a research report issued to clients and investors on Tuesday, May 20th. National Bank Financial analyst S. Nagle anticipates that the company will post earnings per share of $0.07 for the year.

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

Elemental Altus Royalties Stock Up 4.1%

CVE ELE traded up C$0.06 on Friday, reaching C$1.54. The company had a trading volume of 88,190 shares, compared to its average volume of 73,308. The stock's 50 day moving average is C$1.38 and its 200-day moving average is C$1.25. The stock has a market cap of C$261.59 million and a price-to-earnings ratio of 190.29. Elemental Altus Royalties has a 52 week low of C$0.97 and a 52 week high of C$1.60.

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.