Elemental Altus Royalties (CVE:ELE - Free Report) had its price target raised by Raymond James from C$2.00 to C$2.25 in a research note released on Friday morning,BayStreet.CA reports.
Elemental Altus Royalties Stock Up 9.1 %
Shares of ELE stock traded up C$0.11 during trading hours on Friday, reaching C$1.32. The stock had a trading volume of 125,900 shares, compared to its average volume of 74,826. The company's 50-day simple moving average is C$1.23. The company has a market cap of C$224.22 million and a price-to-earnings ratio of 163.10. Elemental Altus Royalties has a twelve month low of C$0.97 and a twelve month high of C$1.42.
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.
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