Brokers Set Expectations for CVE:ELE FY2025 Earnings

Elemental Altus Royalties Corp. (CVE:ELEFree Report) – National Bank Financial raised their FY2025 earnings estimates for shares of Elemental Altus Royalties in a research note issued on Monday, February 10th. National Bank Financial analyst S. Nagle now expects that the company will post earnings of $0.09 per share for the year, up from their previous forecast of $0.06. National Bank Financial currently has a “Hold” rating on the stock.

Elemental Altus Royalties Stock Performance

CVE:ELE opened at C$1.19 on Thursday. The stock has a market cap of C$202.14 million and a price-to-earnings ratio of 147.04. The company’s 50 day moving average price is C$1.16. Elemental Altus Royalties has a 1-year low of C$0.97 and a 1-year high of C$1.29.

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.

Further Reading

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