Elemental Altus Royalties (CVE:ELE) Trading Down 1.7% – Time to Sell?

Shares of Elemental Altus Royalties Corp. (CVE:ELEGet Free Report) were down 1.7% during mid-day trading on Friday . The stock traded as low as C$1.15 and last traded at C$1.18. Approximately 75,500 shares traded hands during trading, an increase of 8% from the average daily volume of 69,775 shares. The stock had previously closed at C$1.20.

Analyst Ratings Changes

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

Get Our Latest Research Report on Elemental Altus Royalties

Elemental Altus Royalties Stock Down 1.7 %

The stock has a fifty day moving average price of C$1.16.

About Elemental Altus Royalties

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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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