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
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Elemental Royalty Corporation
ELE.TO
ELE.TO
Elemental Royalty Corporation
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Market cap
$1.72B
Div. yield
0.12%
Div. / share
$0.03
52W high
$34.17
52W low
$17.69
1W change
+22.21%
Beta
0.47
Analyst Price Targets
Based on analyst covering ELE
Wall Street analysts forecast ELE stock price to rise 24.1% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$33.13
+24.1% Upside
Current Price
C$26.69
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ELE's historical volatility
30-Day Vol
70.4%
Annualized
90-Day Vol
70.1%
Annualized
Trend (90d)
-12.6%
Annualized drift
90d Mean
C$25.52
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$26.29 | C$20.62 โ C$33.52 |
| 60 trading days | C$25.90 | C$18.37 โ C$36.52 |
| 90 trading days | C$25.52 | C$16.76 โ C$38.86 |
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.
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% |
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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.
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