David Cole Sells 700 Shares of Elemental Altus Royalties (CVE:ELE) Stock

Posted by Doug Wharley on Mar 9th, 2026

Elemental Altus Royalties Corp. (CVE:ELE – Get Free Report) Director David Cole sold 700 shares of Elemental Altus Royalties stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of C$28.20, for a total transaction of C$19,740.00. Following the transaction, the director directly owned 780,863 shares of the company’s stock, valued at approximately C$22,020,336.60. This trade represents a 0.09% decrease in their ownership of the stock.

Elemental Altus Royalties Price Performance

CVE:ELE opened at C$30.86 on Monday. The company has a market cap of C$1.97 billion, a P/E ratio of 154.30 and a beta of 0.46. The firm’s fifty day moving average price is C$27.72 and its two-hundred day moving average price is C$21.41. Elemental Altus Royalties Corp. has a one year low of C$11.50 and a one year high of C$34.29.

Analyst Ratings Changes

A number of brokerages recently commented on ELE. Canaccord Genuity Group decreased their price target on shares of Elemental Altus Royalties from C$38.00 to C$33.00 in a research note on Monday, December 1st. National Bank Financial raised their price objective on shares of Elemental Altus Royalties from C$27.50 to C$30.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 9th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$30.67.

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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. The company distribution and transmission networks comprise 315,365 kilometers. It also sells energy, as well as provides energy related commercial services.