Research Analysts Issue Forecasts for CVE:ELE Q1 Earnings

Elemental Altus Royalties Corp. (CVE:ELEFree Report) – Analysts at Raymond James lifted their Q1 2025 earnings estimates for shares of Elemental Altus Royalties in a research note issued to investors on Monday, March 3rd. Raymond James analyst B. Macarthur now forecasts that the company will post earnings per share of $0.03 for the quarter, up from their previous estimate of $0.01.

Elemental Altus Royalties Trading Up 0.8 %

CVE:ELE opened at C$1.20 on Thursday. Elemental Altus Royalties has a 1 year low of C$0.97 and a 1 year high of C$1.29. The stock’s fifty day moving average is C$1.17. The stock has a market capitalization of C$203.84 million and a P/E ratio of 148.28.

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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