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Elemental Royalties
(ELE)
Elemental Royalties (ELE) vs. iShares MSCI Canada ETF (EWC)
Elemental Royalties Business Overview & Revenue Model
Elemental Royalties Earnings Call Summary
Elemental Royalties Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 16.32M | 11.74M | 9.64M | 6.61M | 5.12M |
| Gross Profit | 9.11M | 4.84M | 4.09M | 3.73M | 3.43M |
| EBITDA | 10.26M | 7.80M | -8.41M | 2.55M | 2.93M |
| Net Income | -364.00K | -3.90M | -18.21M | -4.73M | -2.63M |
Balance Sheet | |||||
| Total Assets | 204.17M | 188.92M | 185.93M | 76.50M | 28.04M |
| Cash, Cash Equivalents and Short-Term Investments | 4.45M | 11.29M | 17.48M | 6.11M | 10.92M |
| Total Debt | 2.69M | 30.00M | 30.04M | 24.43M | 0.00 |
| Total Liabilities | 7.78M | 33.72M | 39.50M | 26.02M | 1.14M |
| Stockholders Equity | 196.38M | 155.20M | 146.43M | 50.47M | 26.91M |
Cash Flow | |||||
| Free Cash Flow | 1.57M | -3.58M | -13.39M | -39.02M | -9.03M |
| Operating Cash Flow | 4.82M | 1.99M | -723.00K | 1.12M | 2.09M |
| Investing Cash Flow | 4.51M | -5.55M | -3.39M | -40.12M | -11.01M |
| Financing Cash Flow | -16.11M | -2.63M | 15.76M | 34.20M | 19.03M |
Elemental Royalties Technical Analysis
Elemental Royalties Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | C$404.73M | 11.39 | 39.70% | ― | 56.13% | 98.44% | |
73 Outperform | C$387.43M | 99.48 | 5.89% | ― | 33.96% | 37.86% | |
68 Neutral | C$464.49M | 77.14 | 2.36% | ― | 109.11% | ― | |
58 Neutral | $176.48M | 398.31 | 2.86% | 3.06% | 56.49% | ― | |
53 Neutral | $1.19B | 3.25 | -0.13% | 7.83% | -1.86% | -126.37% | |
46 Neutral | C$366.57M | ― | -14.97% | ― | ― | -83.38% |
Elemental Royalties Corporate Events
Elemental Altus Royalties Corp. has announced significant changes to its board following a major investment by Tether Investments, which now holds a 37.8% stake and has the option to increase this to 51.8%. This strategic move is part of Tether’s broader strategy to increase exposure to gold, leveraging synergies between real and digital assets. The new appointments to the board, including Executive Chairman Juan Sartori, are expected to drive the company’s next phase of growth, building on a solid financial foundation laid by the outgoing directors.
The most recent analyst rating on (TSE:ELE) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Elemental Royalties stock, see the TSE:ELE Stock Forecast page.
Elemental Altus Royalties Corp. has announced Tether Investments as its new cornerstone shareholder after Tether acquired a significant stake from La Mancha Investments. This acquisition positions Tether as a major shareholder, holding approximately 33.7% of Elemental Altus’s common shares, with the potential to increase its stake to 47.7% through an option agreement with AlphaStream Limited. The move is seen as a strategic alignment for both companies, with Tether’s investment reflecting its commitment to real-world assets that offer stability and long-term value, while Elemental Altus benefits from Tether’s support in its growth phase, enhancing its position in the gold royalty sector.
The most recent analyst rating on (TSE:ELE) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Elemental Royalties stock, see the TSE:ELE Stock Forecast page.
Elemental Altus Royalties Corp. has announced significant developments in its Australian royalty portfolio, notably with the Laverton Project and the Hercules Discovery. The Laverton Project, acquired by Genesis Minerals for A$250 million, offers substantial growth potential with its existing mining leases and exploration opportunities, enhancing Elemental Altus’s portfolio. Meanwhile, the Hercules Discovery, under Northern Star Resources, has delivered a maiden resource estimate of approximately 900,000 ounces of gold, marking a significant milestone for the project. These developments underscore the embedded value in Elemental Altus’s Australian assets and highlight the company’s strategic positioning for future growth.
The most recent analyst rating on (TSE:ELE) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Elemental Royalties stock, see the TSE:ELE Stock Forecast page.
Elemental Altus Royalties Corp. reported record financial performance for Q1 2025, with significant increases in revenue, EBITDA, and cash flow compared to the previous year. The company’s strong financial position, bolstered by substantial cash reserves and a fully repaid credit facility, positions it well for future growth and acquisitions. The Korali-Sud royalty has emerged as a major revenue contributor, and the company anticipates continued momentum with additional revenue from other projects. The positive outlook includes a projected increase in gold equivalent ounces and revenue, supported by favorable market conditions and strategic expansions.
The most recent analyst rating on (TSE:ELE) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Elemental Royalties stock, see the TSE:ELE Stock Forecast page.
Elemental Altus Royalties Corp. announced it will release its Q1 2025 financial results on May 20, 2025, before the market opens. The company will host an investor webcast to discuss the results, which could provide insights into its financial health and future growth prospects, potentially impacting its market position and stakeholder interests.
The most recent analyst rating on (TSE:ELE) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Elemental Royalties stock, see the TSE:ELE Stock Forecast page.
Elemental Altus Royalties Corp. has received a significant payment of US$9.6 million from its secured creditor claim against Rambler Metals and Mining Canada Limited, related to its former Ming gold stream. This payment forms a major part of the anticipated US$15 million in portfolio payments for 2025, which are additional to the company’s projected royalty revenue of US$30.1 million to US$34.3 million for the year. The successful acquisition by FireFly Metals Ltd of Rambler Group has enabled Elemental Altus to realize a total of US$12.8 million from the Ming stream, enhancing the company’s financial health and positioning it strongly in the market.
Elemental Altus Royalties Corp. reported record financial results for 2024, with significant increases in revenue, operating cash flow, and EBITDA. The company achieved a 39% increase in annual revenue, reaching $16.3 million, and a 53% rise in adjusted EBITDA to $15.1 million. The company also made $33.5 million in accretive royalty acquisitions and repaid $27 million of debt. Looking ahead to 2025, Elemental Altus expects record gold equivalent ounces and adjusted revenue, driven by new royalties and high gold prices, positioning the company for exceptional growth and long-term value for shareholders.
Elemental Altus Royalties Corp. announced it will release its Q4 2024 financial results on April 16, 2025, followed by an investor webcast on April 17, 2025. This announcement underscores the company’s ongoing commitment to transparency and investor engagement, potentially impacting its market positioning and stakeholder relations as it continues to expand its global presence in the precious metals royalty sector.