Elemental Royalty Corp $ELE Stock Position Increased by Arbiter Partners Capital Management LLC

Arbiter Partners Capital Management LLC grew its holdings in shares of Elemental Royalty Corp (NASDAQ:ELE) by 522.6% in the first quarter, HoldingsChannel reports. The fund owned 168,317 shares of the company’s stock after buying an additional 141,284 shares during the period. Elemental Royalty makes up about 1.8% of Arbiter Partners Capital Management LLC’s portfolio, making the stock its 15th largest holding. Arbiter Partners Capital Management LLC’s holdings in Elemental Royalty were worth $3,171,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of ELE. Bartlett & CO. Wealth Management LLC acquired a new position in shares of Elemental Royalty in the 1st quarter worth approximately $32,000. Investment Counsel Co. of Nevada acquired a new stake in Elemental Royalty during the fourth quarter valued at approximately $90,000. Caitlin John LLC acquired a new stake in Elemental Royalty during the fourth quarter valued at approximately $97,000. Kestra Advisory Services LLC bought a new stake in Elemental Royalty during the fourth quarter worth approximately $133,000. Finally, Papamarkou Wellner Asset Management inc. acquired a new position in Elemental Royalty in the fourth quarter worth approximately $182,000.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Weiss Ratings downgraded Elemental Royalty from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, June 2nd. Zacks Research upgraded Elemental Royalty to a “hold” rating in a report on Thursday, April 9th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Elemental Royalty currently has an average rating of “Hold” and a consensus target price of $32.50.

Elemental Royalty Stock Up 8.8%

NASDAQ:ELE opened at $15.85 on Wednesday. The stock has a 50 day moving average price of $16.36. Elemental Royalty Corp has a 52 week low of $12.58 and a 52 week high of $26.96. The firm has a market capitalization of $1.02 billion and a P/E ratio of 792.50.

Elemental Royalty (NASDAQ:ELE) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.10). The company had revenue of $24.32 million for the quarter.

Elemental Royalty Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Tuesday, June 30th. Elemental Royalty’s dividend payout ratio (DPR) is presently 600.00%.

Elemental Royalty 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.