Elemental Altus Royalties Corp. (CVE:ELE – Free Report) – Raymond James cut their FY2024 earnings per share estimates for Elemental Altus Royalties in a research note issued to investors on Monday, March 3rd. Raymond James analyst B. Macarthur now anticipates that the company will post earnings per share of $0.00 for the year, down from their prior forecast of $0.02.
Elemental Altus Royalties Stock Performance
Shares of ELE opened at C$1.20 on Wednesday. The firm’s fifty day simple moving average is C$1.17. Elemental Altus Royalties has a 12 month low of C$0.97 and a 12 month high of C$1.29. The stock has a market cap of C$203.84 million and a price-to-earnings ratio of 148.28.
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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