National Bank Financial Comments on CVE:ELE FY2025 Earnings

Elemental Altus Royalties Corp. (CVE:ELE) – Equities research analysts at National Bank Financial reduced their FY2025 earnings per share estimates for Elemental Altus Royalties in a report issued on Tuesday, November 19th. National Bank Financial analyst S. Nagle now forecasts that the company will earn $0.06 per share for the year, down from their prior estimate of $0.07. National Bank Financial has a “Hold” rating on the stock.

Elemental Altus Royalties Stock Down 0.9 %

Shares of ELE opened at C$1.13 on Friday. Elemental Altus Royalties has a 1 year low of C$0.97 and a 1 year high of C$1.29.

Insider Activity at Elemental Altus Royalties

In other Elemental Altus Royalties news, Director John Edward Robins bought 25,000 shares of Elemental Altus Royalties stock in a transaction on Thursday, October 17th. The shares were purchased at an average cost of C$1.18 per share, for a total transaction 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.