Insider Buying: Elemental Altus Royalties Corp. (CVE:ELE) Senior Officer Buys 18,000 Shares of Stock

Elemental Altus Royalties Corp. (CVE:ELE) Senior Officer David Christopher Baker bought 18,000 shares of the business’s stock in a transaction on Friday, December 20th. The stock was bought at an average cost of C$1.14 per share, with a total value of C$20,520.00.

Elemental Altus Royalties Stock Performance

Shares of ELE stock traded down C$0.02 during trading on Monday, hitting C$1.15. 5,675 shares of the stock traded hands, compared to its average volume of 51,395. Elemental Altus Royalties Corp. has a 52-week low of C$0.97 and a 52-week high of C$1.29. The firm’s fifty day moving average price is C$1.18.

Analysts Set New Price Targets

Separately, National Bank Financial upgraded shares of Elemental Altus Royalties to a “hold” rating in a research report on Monday, October 21st.

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.