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Elemental Altus Royalties (CVE:ELE) Stock Price Up 1.5% - Should You Buy?

Elemental Altus Royalties logo with Transportation background
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Elemental Altus Royalties Corp. (CVE:ELE - Get Free Report) rose 1.5% during trading on Thursday . The company traded as high as C$1.38 and last traded at C$1.34. Approximately 36,000 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 75,142 shares. The stock had previously closed at C$1.32.

Elemental Altus Royalties Price Performance

The company has a market cap of C$219.13 million and a price-to-earnings ratio of 159.40. The stock's 50 day simple moving average is C$1.22.

About Elemental Altus Royalties

(Get Free Report)

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.

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