FY2024 EPS Estimates for CVE:ELE Lowered by Analyst

Elemental Altus Royalties Corp. (CVE:ELEFree Report) – National Bank Financial reduced their FY2024 earnings per share estimates for Elemental Altus Royalties in a note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now expects that the company will earn $0.00 per share for the year, down from their previous estimate of $0.01. National Bank Financial currently has a “Hold” rating on the stock. National Bank Financial also issued estimates for Elemental Altus Royalties’ Q4 2024 earnings at $0.01 EPS.

Elemental Altus Royalties Price Performance

ELE opened at C$1.18 on Wednesday. The firm has a fifty day moving average price of C$1.16. Elemental Altus Royalties has a 1 year low of C$0.97 and a 1 year high of C$1.29.

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.

Further Reading

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