FY2026 Earnings Forecast for CVE:ELE Issued By HC Wainwright

Elemental Altus Royalties Corp. (CVE:ELEFree Report) – Stock analysts at HC Wainwright lowered their FY2026 EPS estimates for shares of Elemental Altus Royalties in a report issued on Wednesday, August 12th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of $0.34 for the year, down from their previous estimate of $0.48.

Elemental Altus Royalties Stock Performance

Shares of ELE opened at C$26.01 on Thursday. Elemental Altus Royalties has a 12-month low of C$11.90 and a 12-month high of C$34.29. The stock has a market cap of C$1.67 billion, a P/E ratio of 433.50 and a beta of 0.82. The company has a 50-day moving average of C$26.01 and a two-hundred day moving average of C$26.88.

Elemental Altus Royalties Company Profile

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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.

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