Elemental Royalty Corp (ELE) To Go Ex-Dividend on June 30th

Elemental Royalty Corp (NASDAQ:ELE) declared a quarterly dividend on Thursday, June 18th. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.03 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Tuesday, June 30th.

Elemental Royalty Price Performance

Shares of ELE opened at $15.88 on Friday. Elemental Royalty has a 52 week low of $12.48 and a 52 week high of $26.96. The stock has a market capitalization of $1.02 billion and a P/E ratio of 794.00. The business has a 50-day moving average of $17.58.

Elemental Royalty (NASDAQ:ELE) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.10). The business had revenue of $24.32 million during the quarter.

Elemental Royalty Company Profile

Elemental Royalties (NASDAQ: ELE) is a publicly traded company that acquires and manages royalty and streaming interests in the mining sector. The firm focuses on securing long?lived, low?cost interests that provide ongoing, contractually defined payments or metal deliveries from producing and near?term development mineral projects. By targeting royalties and streams rather than operating mines, the company seeks exposure to commodity price upside while avoiding the capital intensity and operating risks of miners.

Elemental Royalties’ activities include sourcing and negotiating royalty and stream transactions, performing technical and commercial due diligence on potential assets, and actively managing a diversified portfolio of interests.