Brokers Offer Predictions for CVE:ELE FY2024 Earnings

Elemental Altus Royalties Corp. (CVE:ELE) – Analysts at National Bank Financial issued their FY2024 EPS estimates for shares of Elemental Altus Royalties in a research note issued to investors on Monday, October 21st. National Bank Financial analyst S. Nagle expects that the company will post earnings of $0.01 per share for the year. National Bank Financial has a “Hold” rating on the stock. National Bank Financial also issued estimates for Elemental Altus Royalties’ FY2025 earnings at $0.07 EPS, FY2026 earnings at $0.06 EPS and FY2027 earnings at $0.06 EPS.

Elemental Altus Royalties Stock Down 2.4 %

Elemental Altus Royalties stock opened at C$1.20 on Thursday. Elemental Altus Royalties has a fifty-two week low of C$0.97 and a fifty-two week high of C$1.29.

Insiders Place Their Bets

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

About Elemental Altus Royalties

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.