FY2026 Earnings Estimate for CVE:ELE Issued By HC Wainwright

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

Elemental Altus Royalties Price Performance

ELE opened at C$26.01 on Thursday. Elemental Altus Royalties has a 1-year low of C$11.90 and a 1-year 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 stock’s 50 day simple moving average is C$26.01 and its 200 day simple moving average is 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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