Elemental Altus Royalties (CVE:ELE) Stock Price Up 1.5% – Still a Buy?

Elemental Altus Royalties Corp. (CVE:ELEGet Free Report) shares were up 1.5% during trading on Thursday . The company traded as high as C$1.38 and last traded at C$1.34. Approximately 36,000 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 75,142 shares. The stock had previously closed at C$1.32.

Elemental Altus Royalties Stock Up 1.5 %

The company has a market cap of C$227.62 million and a PE ratio of 165.58. The stock has a 50 day simple moving average of C$1.21.

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.

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