Elemental Royalty Announces Share Buyback Plan
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Source: seekingalpha
- Buyback Plan Announcement: Elemental Royalty (ELE) has filed a notice of intention for a normal course issuer bid with the Toronto Stock Exchange, planning to repurchase up to 3.22 million shares from June 15, 2026, to June 14, 2027, which represents 5% of its issued shares as of June 4, 2026.
- Purpose of Buyback: The buyback aims to enhance shareholder value by reducing the number of outstanding shares, thereby increasing earnings per share and boosting market confidence in the stock, which is expected to have a positive impact on the share price.
- Market Reaction Expectations: The market generally views this buyback plan positively, believing it will help stabilize the stock price and attract more investor interest, especially in the current economic climate where buybacks are seen as a sign of financial health.
- Future Outlook: Elemental Royalty's buyback plan aligns with its long-term growth strategy, indicating the company's commitment to enhancing shareholder returns through capital management measures, which is expected to lay a foundation for future financial performance.
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Analyst Views on ELE
Wall Street analysts forecast ELE stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 14.790
Low
23.77
Averages
23.77
High
23.77
Current: 14.790
Low
23.77
Averages
23.77
High
23.77
About ELE
Elemental Royalty Corp, formerly Elemental Altus Royalties Corp, is a new mid-tier, gold-focused streaming and royalty company with a globally diversified portfolio of 16 producing assets and more than 200 royalties, anchored by cornerstone assets and operated by mining partners. Its royalties include Karlawinda Gold Project, Ballarat Gold Mine, Wahgnion Gold Mine - Burkina Faso; Bonikro Gold Mine - Cote d’Ivoire; Mercedes Gold-Silver Mine - Mexico; Amancaya Gold-Silver Mine - Chile; Mount Pleasant Copper Project - Canada, and Casual royalty interests in Mauritania and Bolivia. Karlawinda Gold Project is a large-scale open pit mine located in the Pilbara region of Western Australia. The mine is 70 kilometers (km) by road south-east of the town of Newman. Ballarat is an underground gold mine located 115 km northwest of Melbourne in Ballarat, Victoria, Australia. Wahgnion mine is located 510 km southwest of the capital city Ouagadougou, within the Paleoproterozoic Birimian Senoufo Belt.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Elemental Royalty Announces Share Buyback Plan
- Buyback Plan Announcement: Elemental Royalty (ELE) has filed a notice of intention for a normal course issuer bid with the Toronto Stock Exchange, planning to repurchase up to 3.22 million shares from June 15, 2026, to June 14, 2027, which represents 5% of its issued shares as of June 4, 2026.
- Purpose of Buyback: The buyback aims to enhance shareholder value by reducing the number of outstanding shares, thereby increasing earnings per share and boosting market confidence in the stock, which is expected to have a positive impact on the share price.
- Market Reaction Expectations: The market generally views this buyback plan positively, believing it will help stabilize the stock price and attract more investor interest, especially in the current economic climate where buybacks are seen as a sign of financial health.
- Future Outlook: Elemental Royalty's buyback plan aligns with its long-term growth strategy, indicating the company's commitment to enhancing shareholder returns through capital management measures, which is expected to lay a foundation for future financial performance.
See More
Elemental Royalty Corporation Initiates Normal Course Issuer Bid
- Initiation of Buyback Plan: Elemental Royalty Corporation has filed a Notice of Intention for a Normal Course Issuer Bid with the Toronto Stock Exchange, intending to repurchase up to 3,222,537 shares, approximately 5% of its outstanding shares, from June 15, 2026, to June 14, 2027, aimed at enhancing shareholder value.
- Market Reaction Expectations: The Board believes that the market price does not fully reflect the company's royalty portfolio and cash flow, viewing the buyback as an effective capital allocation tool that could enhance the company's appeal among investors.
- Trading Volume Limitations: Under TSX rules, the daily purchase limit during the buyback period is set at 10,911 shares, based on an average daily trading volume of 43,645 shares from April 7 to June 4, 2026, ensuring that the buyback activity does not excessively impact the market.
- Automatic Purchase Plan: The company intends to enter into an automatic share purchase plan with broker Raymond James Ltd. to facilitate stock repurchases during
See More
Elemental Enters Copper Exploration Agreement with KGHM
- Exploration Agreement Signed: Elemental's wholly-owned subsidiary Bronco Creek Exploration has entered into an exploration and option agreement with KGHM's subsidiary RHUSA, covering four copper projects in Nevada, indicating Elemental's strategic intent to expand in the copper sector.
- Financial Commitments: The agreement stipulates that RHUSA will fund up to $5 million in exploration expenditures per project over six years, alongside execution payments totaling $315,000 and option payments of up to $600,000 per project, ensuring a steady cash inflow for Elemental during project development.
- Ongoing Revenue Assurance: Upon RHUSA's exercise of an option on any project, Elemental will retain a 2% Net Smelter Return (NSR) royalty and receive escalating Annual Advance Royalty payments starting at $50,000 until reaching $1.75 million or commercial production begins, enhancing the company's long-term revenue potential.
- Project Potential Assessment: All four projects are situated in mining-friendly regions with excellent infrastructure and access, particularly the Royston and Big E projects, which exhibit strong mineralization potential, and future exploration is expected to bolster Elemental's competitiveness in the copper market.
See More
Elemental Royalty Acquires Vizsla Royalties for C$327M
- Acquisition Overview: Elemental Royalty announced its agreement to acquire Vizsla Royalties for C$327 million (approximately US$239 million), aiming to create a platform of cash-flowing and long-term growth potential royalties, thereby enhancing its market position in the mining sector.
- Shareholder Options: Under the deal terms, Vizsla Royalties shareholders can elect to receive either 0.15 common shares of Elemental, C$4.13 in cash per share, or a combination of both, with a maximum cash consideration of C$82 million, which is expected to attract more shareholder participation.
- Project Potential: Vizsla Royalties holds 2.0%-3.5% NSR royalties on the Panuco silver-gold project in Mexico, with a 2025 feasibility study indicating an annual production of 17.4 million silver equivalent ounces over an initial 9.4-year mine life, and over 20 million ounces annually in the first five years, positioning it as one of the world's top five primary silver assets.
- Financing and Construction Progress: Vizsla Silver, the operator of the Panuco project, is fully financed for construction, having recently awarded EPCM contracts and advanced key permitting applications, ensuring smooth project development and further enhancing the investment value of Elemental Royalty.
See More
Elemental Altus Reports Record Q1 Revenue of $24.3 Million
- Significant Revenue Growth: Elemental Altus achieved record quarterly revenue of $24.3 million in Q1 2026, representing an 83% increase over the previous year, primarily driven by contributions from Caserones, indicating strong performance and rising market demand in the mining sector.
- Increased Gold Equivalent Production: The company produced 4,983 gold equivalent ounces in Q1 2026, up from 4,606 ounces in Q1 2025, reflecting improved production efficiency from Karlawinda, Bonikro, Timok, and Caserones mines.
- Record Adjusted EBITDA: Adjusted EBITDA reached $17.7 million in Q1 2026, a 55% increase year-over-year, demonstrating significant improvements in operating leverage and portfolio performance, thereby enhancing profitability.
- Strong Cash Flow: As of March 31, 2026, Elemental Altus reported cash and cash equivalents of $69.1 million and working capital of $92.5 million, showcasing the company's financial flexibility and stability for future growth.
See More
Elemental Altus to Announce Q1 Earnings on May 13
- Earnings Announcement Schedule: Elemental Altus Royalties (ELE) is set to release its Q1 2023 earnings report on May 13 after market close, with consensus EPS estimate at $0.11 and revenue forecasted at $22.12 million, indicating market interest in the company's financial performance.
- Earnings Forecast Analysis: Over the past three months, EPS estimates have seen no upward revisions and one downward revision, reflecting analysts' cautious outlook on the company's future profitability, which may impact investor confidence and stock price volatility.
- Historical Performance Review: Historical earnings data for Elemental Royalty Corporation provides investors with crucial context to assess the company's performance in the gold royalty sector and its future growth potential.
- Market Reaction Expectations: As the earnings report approaches, market reactions to Elemental Altus will depend on the actual results versus expectations, with any significant financial outcomes likely to have a direct impact on the stock price.
See More
Elemental Royalty Announces Share Buyback Plan
- Buyback Plan Announcement: Elemental Royalty (ELE) has filed a notice of intention for a normal course issuer bid with the Toronto Stock Exchange, planning to repurchase up to 3.22 million shares from June 15, 2026, to June 14, 2027, which represents 5% of its issued shares as of June 4, 2026.
- Purpose of Buyback: The buyback aims to enhance shareholder value by reducing the number of outstanding shares, thereby increasing earnings per share and boosting market confidence in the stock, which is expected to have a positive impact on the share price.
- Market Reaction Expectations: The market generally views this buyback plan positively, believing it will help stabilize the stock price and attract more investor interest, especially in the current economic climate where buybacks are seen as a sign of financial health.
- Future Outlook: Elemental Royalty's buyback plan aligns with its long-term growth strategy, indicating the company's commitment to enhancing shareholder returns through capital management measures, which is expected to lay a foundation for future financial performance.
See More
Elemental Royalty Corporation Initiates Normal Course Issuer Bid
- Initiation of Buyback Plan: Elemental Royalty Corporation has filed a Notice of Intention for a Normal Course Issuer Bid with the Toronto Stock Exchange, intending to repurchase up to 3,222,537 shares, approximately 5% of its outstanding shares, from June 15, 2026, to June 14, 2027, aimed at enhancing shareholder value.
- Market Reaction Expectations: The Board believes that the market price does not fully reflect the company's royalty portfolio and cash flow, viewing the buyback as an effective capital allocation tool that could enhance the company's appeal among investors.
- Trading Volume Limitations: Under TSX rules, the daily purchase limit during the buyback period is set at 10,911 shares, based on an average daily trading volume of 43,645 shares from April 7 to June 4, 2026, ensuring that the buyback activity does not excessively impact the market.
- Automatic Purchase Plan: The company intends to enter into an automatic share purchase plan with broker Raymond James Ltd. to facilitate stock repurchases during
See More
Elemental Enters Copper Exploration Agreement with KGHM
- Exploration Agreement Signed: Elemental's wholly-owned subsidiary Bronco Creek Exploration has entered into an exploration and option agreement with KGHM's subsidiary RHUSA, covering four copper projects in Nevada, indicating Elemental's strategic intent to expand in the copper sector.
- Financial Commitments: The agreement stipulates that RHUSA will fund up to $5 million in exploration expenditures per project over six years, alongside execution payments totaling $315,000 and option payments of up to $600,000 per project, ensuring a steady cash inflow for Elemental during project development.
- Ongoing Revenue Assurance: Upon RHUSA's exercise of an option on any project, Elemental will retain a 2% Net Smelter Return (NSR) royalty and receive escalating Annual Advance Royalty payments starting at $50,000 until reaching $1.75 million or commercial production begins, enhancing the company's long-term revenue potential.
- Project Potential Assessment: All four projects are situated in mining-friendly regions with excellent infrastructure and access, particularly the Royston and Big E projects, which exhibit strong mineralization potential, and future exploration is expected to bolster Elemental's competitiveness in the copper market.
See More
Elemental Royalty Acquires Vizsla Royalties for C$327M
- Acquisition Overview: Elemental Royalty announced its agreement to acquire Vizsla Royalties for C$327 million (approximately US$239 million), aiming to create a platform of cash-flowing and long-term growth potential royalties, thereby enhancing its market position in the mining sector.
- Shareholder Options: Under the deal terms, Vizsla Royalties shareholders can elect to receive either 0.15 common shares of Elemental, C$4.13 in cash per share, or a combination of both, with a maximum cash consideration of C$82 million, which is expected to attract more shareholder participation.
- Project Potential: Vizsla Royalties holds 2.0%-3.5% NSR royalties on the Panuco silver-gold project in Mexico, with a 2025 feasibility study indicating an annual production of 17.4 million silver equivalent ounces over an initial 9.4-year mine life, and over 20 million ounces annually in the first five years, positioning it as one of the world's top five primary silver assets.
- Financing and Construction Progress: Vizsla Silver, the operator of the Panuco project, is fully financed for construction, having recently awarded EPCM contracts and advanced key permitting applications, ensuring smooth project development and further enhancing the investment value of Elemental Royalty.
See More
Elemental Altus Reports Record Q1 Revenue of $24.3 Million
- Significant Revenue Growth: Elemental Altus achieved record quarterly revenue of $24.3 million in Q1 2026, representing an 83% increase over the previous year, primarily driven by contributions from Caserones, indicating strong performance and rising market demand in the mining sector.
- Increased Gold Equivalent Production: The company produced 4,983 gold equivalent ounces in Q1 2026, up from 4,606 ounces in Q1 2025, reflecting improved production efficiency from Karlawinda, Bonikro, Timok, and Caserones mines.
- Record Adjusted EBITDA: Adjusted EBITDA reached $17.7 million in Q1 2026, a 55% increase year-over-year, demonstrating significant improvements in operating leverage and portfolio performance, thereby enhancing profitability.
- Strong Cash Flow: As of March 31, 2026, Elemental Altus reported cash and cash equivalents of $69.1 million and working capital of $92.5 million, showcasing the company's financial flexibility and stability for future growth.
See More
Elemental Altus to Announce Q1 Earnings on May 13
- Earnings Announcement Schedule: Elemental Altus Royalties (ELE) is set to release its Q1 2023 earnings report on May 13 after market close, with consensus EPS estimate at $0.11 and revenue forecasted at $22.12 million, indicating market interest in the company's financial performance.
- Earnings Forecast Analysis: Over the past three months, EPS estimates have seen no upward revisions and one downward revision, reflecting analysts' cautious outlook on the company's future profitability, which may impact investor confidence and stock price volatility.
- Historical Performance Review: Historical earnings data for Elemental Royalty Corporation provides investors with crucial context to assess the company's performance in the gold royalty sector and its future growth potential.
- Market Reaction Expectations: As the earnings report approaches, market reactions to Elemental Altus will depend on the actual results versus expectations, with any significant financial outcomes likely to have a direct impact on the stock price.
See More
