CVE:ELE FY2025 EPS Reduced by National Bank Financial

Elemental Altus Royalties Corp. (CVE:ELE) – Stock analysts at National Bank Financial decreased their FY2025 EPS estimates for shares of Elemental Altus Royalties in a research report issued to clients and investors on Tuesday, November 19th. National Bank Financial analyst S. Nagle now expects that the company will post earnings per share of $0.06 for the year, down from their previous forecast of $0.07. National Bank Financial has a “Hold” rating on the stock.

Elemental Altus Royalties Price Performance

Shares of ELE stock opened at C$1.14 on Friday. Elemental Altus Royalties has a 52-week low of C$0.97 and a 52-week high of C$1.29.

Insiders Place Their Bets

In related news, Director John Edward Robins purchased 25,000 shares of the business’s stock in a transaction on Thursday, October 17th. The stock was acquired at an average price of C$1.18 per share, with a total value of C$29,500.00.

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.