With a strong backdrop of increasing mineral reserves, investors are eagerly awaiting Elemental Royalty's upcoming earnings report.
Elemental Royalty Corporation (TSX: ELE) will release its earnings report on August 11, 2026, after the market closes. The company is facing scrutiny as it navigates a challenging earnings environment, with analysts expecting an EPS of C$0.10. This comes after a significant increase in mineral reserves at its key asset, the Karlawinda Gold Project, which could impact investor sentiment.
Recent earnings trend
Advertisement
Elemental Royalty Corporation
ELE.TO
ELE.TO
Elemental Royalty Corporation
WealthAwesomeMarket cap
$1.91B
Div. yield
0.20%
Div. / share
$0.06
52W high
$34.17
52W low
$17.69
1W change
-9.88%
Beta
0.47
Analyst Price Targets
Based on analyst covering ELE
Wall Street analysts forecast ELE stock price to rise 14.6% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$32.63
+14.6% Upside
Current Price
C$28.46
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ELE's historical volatility
30-Day Vol
60.1%
Annualized
90-Day Vol
65.5%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$34.02
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$30.21 | C$24.55 โ C$37.17 |
| 60 trading days | C$32.06 | C$23.91 โ C$42.98 |
| 90 trading days | C$34.02 | C$23.76 โ C$48.73 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-11 | โ | 0.1000 | โ |
| 2026-03-31 | 2026-05-14 | 0.0382 | 0.1513 | -74.8% |
| 2025-12-31 | 2026-03-24 | 0.0600 | 0.1300 | -53.8% |
| 2025-09-30 | 2025-11-12 | 0.0800 | 0.2800 | -71.4% |
| 2025-06-30 | 2025-08-18 | 0.0200 | 0.2300 | -91.3% |
| 2025-03-31 | 2025-04-16 | 0.1100 | 0.0900 | +22.2% |
Advertisement
Investor takeaway: Keep an eye on the upcoming earnings report for insights into Elemental's operational performance and revenue potential, especially considering the recent reserve increases.
679.3% Projected EPS Growth Year-Over-Year
Despite past challenges, analysts predict a dramatic increase in EPS due to the company's recent operational improvements, indicating a potential shift in its financial trajectory.
Bull case
The recent 32% increase in mineral reserves at the Karlawinda Gold Project puts Elemental Royalty in a strong position for revenue growth, especially if expanding the processing plant boosts production rates.
Bear case
Elemental has consistently missed earnings estimates over the past four quarters, raising concerns about its profitability and the sustainability of its high valuation metrics, including a price-to-sales ratio significantly above industry averages.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile โโ Reviewed by Certified Financial Professionals
This content has been reviewed by CFAยฎ charterholders and Certified Financial Planners (CFPยฎ) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFAยฎ charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFPยฎ professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
โ ๏ธ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
