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ELE Overview

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0.000(0.000%)Aft-market
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Intellectia

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High
15.505
Open
15.420
VWAP
15.15
Vol
328.61K
Mkt Cap
986.99M
Low
14.600
Amount
4.98M
EV/EBITDA(TTM)
28.31
Total Shares
64.38M
EV
872.60M
EV/OCF(TTM)
20.20
P/S(TTM)
10.63
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.
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Events Timeline

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News

seekingalpha
8.0
06-11seekingalpha
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.
Yahoo Finance
2.0
06-11Yahoo Finance
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
Yahoo Finance
7.5
05-27Yahoo Finance
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.
seekingalpha
8.5
05-14seekingalpha
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.
seekingalpha
9.5
05-13seekingalpha
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.
seekingalpha
9.5
05-12seekingalpha
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.
Wall Street analysts forecast ELE stock price to rise
1 Analyst Rating
Wall Street analysts forecast ELE stock price to rise
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
23.77
Averages
23.77
High
23.77
Current: 0.000
sliders
Low
23.77
Averages
23.77
High
23.77
Canaccord
Buy
maintain
$37 -> $38
AI Analysis
2026-03-26
Reason
Canaccord
Price Target
$37 -> $38
AI Analysis
2026-03-26
maintain
Buy
Reason
Canaccord raised the firm's price target on Elemental Royalty to C$38 from C$37 and keeps a Buy rating on the shares.
H.C. Wainwright
H.C. Wainwright
initiated
$32.50
2026-03-16
Reason
H.C. Wainwright
H.C. Wainwright
Price Target
$32.50
2026-03-16
initiated
Reason
H.C. Wainwright initiated coverage of Elemental Royalty with a Buy rating and $32.50 price target. Elemental's business model is based on the provision of upfront financing to mine owners in exchange for a percentage of future production or revenue, the analyst tells investors in a research note. The firm says the company's asset-light approach gives it exposure to numerous cash flows without the costs and operational risks of operating mines.
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Valuation Metrics

The current forward P/E ratio for Elemental Royalty Corp (ELE.O) is 37.74, compared to its 5-year average forward P/E of 24.42. For a more detailed relative valuation and DCF analysis to assess Elemental Royalty Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
24.42
Current PE
37.74
Overvalued PE
40.72
Undervalued PE
8.11

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
68.16
Current EV/EBITDA
17.76
Overvalued EV/EBITDA
147.37
Undervalued EV/EBITDA
-11.04

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
11.89
Current PS
8.90
Overvalued PS
14.42
Undervalued PS
9.36

Financials

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Quarterly

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Whales Holding ELE

T
Tether Holdings, S.A. de C.V.
Holding
ELE
+24.67%
3M Return
S
Sprott Inc.
Holding
ELE
-14.18%
3M Return

Trading Trends

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Frequently Asked Questions

What is Elemental Royalty Corp (ELE) stock price today?

The current price of ELE is 15.33 USD — it has increased 3.65

What is Elemental Royalty Corp (ELE)'s business?

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.

What is the price predicton of ELE Stock?

Wall Street analysts forecast ELE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ELE is23.77 USD with a low forecast of 23.77 USD and a high forecast of 23.77 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Elemental Royalty Corp (ELE)'s revenue for the last quarter?

Elemental Royalty Corp revenue for the last quarter amounts to 24.32M USD, increased 108.97

What is Elemental Royalty Corp (ELE)'s earnings per share (EPS) for the last quarter?

Elemental Royalty Corp. EPS for the last quarter amounts to 0.02 USD, decreased -85.71

How many employees does Elemental Royalty Corp (ELE). have?

Elemental Royalty Corp (ELE) has 39 emplpoyees as of June 13 2026.

What is Elemental Royalty Corp (ELE) market cap?

Today ELE has the market capitalization of 986.99M USD.