Brokers Set Expectations for CVE:ELE FY2024 Earnings

Posted by Wayne Rhoads on Oct 26th, 2024

Elemental Altus Royalties Corp. (CVE:ELE – Free Report) – Equities research analysts at National Bank Financial issued their FY2024 EPS estimates for Elemental Altus Royalties in a research report issued on Monday, October 21st. National Bank Financial analyst S. Nagle expects that the company will earn $0.01 per share 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 Trading Up 3.3 %

CVE ELE opened at C$1.27 on Thursday. Elemental Altus Royalties has a 52 week low of C$0.97 and a 52 week high of C$1.29.

Insider Buying and Selling at Elemental Altus Royalties

In related news, Director John Edward Robins acquired 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The stock was acquired at an average cost of C$1.18 per share, with a total value of C$29,500.00.

Elemental Altus Royalties Company Profile

(Get Free Report)

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.