Elemental Altus Royalties Corp. (CVE:ELE – Free Report) – Analysts at National Bank Financial reduced their FY2024 earnings per share (EPS) estimates for shares of Elemental Altus Royalties in a report released 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 previous 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 Stock Performance
Shares of CVE ELE opened at C$1.18 on Wednesday. The stock has a market cap of C$200.44 million and a PE ratio of 145.81. Elemental Altus Royalties has a 1-year low of C$0.97 and a 1-year high of C$1.29. The firm’s 50-day moving average price is C$1.16.
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.
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