FY2024 EPS Estimates for CVE:ELE Reduced by Analyst

Elemental Altus Royalties Corp. (CVE:ELEFree Report) – Research analysts at National Bank Financial dropped their FY2024 earnings estimates for shares of Elemental Altus Royalties in a report issued on Monday, February 10th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings per share of $0.00 for the year, down from their prior forecast of $0.01. National Bank Financial currently has a “Hold” rating on the stock. National Bank Financial also issued estimates for Elemental Altus Royalties’ Q4 2024 earnings at $0.01 EPS.

Elemental Altus Royalties Price Performance

Shares of CVE ELE opened at C$1.18 on Wednesday. The business’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.

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