Raymond James Brokers Boost Earnings Estimates for CVE:ELE

Elemental Altus Royalties Corp. (CVE:ELEFree Report) – Equities research analysts at Raymond James upped their Q1 2025 earnings estimates for shares of Elemental Altus Royalties in a report issued on Monday, March 3rd. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $0.03 per share for the quarter, up from their previous estimate of $0.01.

Elemental Altus Royalties Price Performance

CVE ELE opened at C$1.23 on Thursday. Elemental Altus Royalties has a one year low of C$0.97 and a one year high of C$1.29. The firm has a 50-day simple moving average of C$1.17. The firm has a market cap of C$208.93 million and a price-to-earnings ratio of 151.98.

Elemental Altus Royalties Company Profile

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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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