National Bank Financial Weighs in on CVE:ELE FY2024 Earnings

Elemental Altus Royalties Corp. (CVE:ELE) – National Bank Financial issued their FY2024 EPS estimates for Elemental Altus Royalties in a research note issued on Monday, October 21st. National Bank Financial analyst S. Nagle forecasts that the company will post earnings per share of $0.01 for the year. National Bank Financial currently has a “Hold” rating on the stock. National Bank Financial also issued estimates for Elemental Altus Royalties’ FY2025 earnings at $0.07 EPS, FY2026 earnings at $0.06 EPS and FY2027 earnings at $0.06 EPS.

Elemental Altus Royalties Stock Up 3.3 %

Shares of ELE stock opened at C$1.27 on Thursday. Elemental Altus Royalties has a 12 month low of C$0.97 and a 12 month high of C$1.29.

Insider Buying and Selling

In other Elemental Altus Royalties news, Director John Edward Robins bought 25,000 shares of the stock in a transaction that occurred on Thursday, October 17th. The shares were acquired at an average price of C$1.18 per share, with a total value of C$29,500.00.

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.