1,303,900 Shares in Elemental Royalty Corp $ELE Purchased by Yorkville Advisors Global LP

Yorkville Advisors Global LP purchased a new stake in Elemental Royalty Corp (NASDAQ:ELE) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 1,303,900 shares of the company’s stock, valued at approximately $9,309,846,000. Elemental Royalty makes up approximately 10.8% of Yorkville Advisors Global LP’s holdings, making the stock its 4th biggest holding.

Several other institutional investors also recently bought and sold shares of ELE. Amundi acquired a new position in shares of Elemental Royalty during the first quarter valued at approximately $12,813,000. Aspen Grove Capital LLC acquired a new stake in shares of Elemental Royalty in the first quarter worth approximately $1,331,000. Louisbourg Investments Inc. acquired a new stake in shares of Elemental Royalty in the first quarter worth approximately $2,205,000. Arbiter Partners Capital Management LLC increased its position in shares of Elemental Royalty by 522.6% during the first quarter. Arbiter Partners Capital Management LLC now owns 168,317 shares of the company’s stock worth $3,171,000 after purchasing an additional 141,284 shares in the last quarter. Finally, K2 Principal Fund L.P. purchased a new stake in shares of Elemental Royalty during the fourth quarter worth approximately $3,010,000.

Elemental Royalty Price Performance

Shares of Elemental Royalty stock opened at $21.06 on Monday. The stock has a market cap of $1.35 billion and a P/E ratio of 1,053.00. The stock’s 50 day simple moving average is $16.42 and its 200-day simple moving average is $18.45. Elemental Royalty Corp has a 1-year low of $12.58 and a 1-year high of $26.96.

Elemental Royalty (NASDAQ:ELE) last issued its earnings results on Tuesday, August 11th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.07). Elemental Royalty had a return on equity of 0.53% and a net margin of 4.01%.The company had revenue of $23.79 million during the quarter. As a group, research analysts expect that Elemental Royalty Corp will post 0.23 EPS for the current fiscal year.

Elemental Royalty Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, June 30th. Elemental Royalty’s dividend payout ratio (DPR) is presently 600.00%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ELE shares. Weiss Ratings raised Elemental Royalty from a “sell (d+)” rating to a “hold (c)” rating in a research note on Wednesday. HC Wainwright lifted their target price on shares of Elemental Royalty from $32.50 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $33.00.

Elemental Royalty Company Profile

Elemental Royalties (NASDAQ: ELE) is a publicly traded company that acquires and manages royalty and streaming interests in the mining sector. The firm focuses on securing long‑lived, low‑cost interests that provide ongoing, contractually defined payments or metal deliveries from producing and near‑term development mineral projects. By targeting royalties and streams rather than operating mines, the company seeks exposure to commodity price upside while avoiding the capital intensity and operating risks of miners.

Elemental Royalties’ activities include sourcing and negotiating royalty and stream transactions, performing technical and commercial due diligence on potential assets, and actively managing a diversified portfolio of interests.