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Elemental Royalties ( (TSE:ELE) ) just unveiled an announcement.
Elemental Altus Royalties Corp. has announced the approval of a share consolidation by the TSX Venture Exchange, effective September 16, 2025, where one post-consolidation share will replace ten pre-consolidation shares. This move is expected to streamline the company’s share structure, potentially enhancing its market positioning and shareholder value.
The most recent analyst rating on (TSE:ELE) stock is a Buy with a C$2.65 price target. To see the full list of analyst forecasts on Elemental Royalties stock, see the TSE:ELE Stock Forecast page.
Spark’s Take on TSE:ELE Stock
According to Spark, TipRanks’ AI Analyst, TSE:ELE is a Outperform.
Elemental Royalties’ strong financial performance and positive earnings call sentiment are the most significant factors driving the score. Technical indicators support a positive outlook, though valuation concerns due to a high P/E ratio and lack of dividend yield temper the overall score.
To see Spark’s full report on TSE:ELE stock, click here.
More about Elemental Royalties
Elemental Altus Royalties Corp. is a precious metals royalty company that generates income through 10 producing royalties and a diversified portfolio of pre-production and discovery stage assets. The company focuses on acquiring uncapped royalties and streams over producing or near-producing mines operated by established counterparties, aiming to build a global gold royalty company with superior exposure to gold and reduced risk.
Average Trading Volume: 183,177
Technical Sentiment Signal: Hold
Current Market Cap: C$562.5M
For a thorough assessment of ELE stock, go to TipRanks’ Stock Analysis page.