Raymond James Issues Positive Forecast for CVE:ELE Earnings

Elemental Altus Royalties Corp. (CVE:ELEFree Report) – Raymond James boosted their Q1 2025 EPS estimates for shares of Elemental Altus Royalties in a report released on Monday, March 3rd. Raymond James analyst B. Macarthur now expects that the company will post earnings of $0.03 per share for the quarter, up from their prior forecast of $0.01.

Elemental Altus Royalties Price Performance

Elemental Altus Royalties stock opened at C$1.23 on Thursday. The firm’s 50-day moving average price is C$1.17. The firm has a market cap of C$208.93 million and a price-to-earnings ratio of 151.98. Elemental Altus Royalties has a 52-week low of C$0.97 and a 52-week 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.

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