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Nov 10, 2026
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Elemental Royalty Corporation (ELE): Analyst Targets Point to $27 With +60% Upside Potential

Elemental Royalty Corporation (ELE): Analyst Targets Point to $27 With +60% Upside Potential

Key Takeaways

  • The central target of $27 is the arithmetic mean of five verifiable analyst price targets, which range from a low of $24 to a high of $31.
  • With Elemental Royalty Corporation (ELE) recently trading near $16.82, reaching $27 would require a move of roughly 60%, a very large gain.
  • Every collected rating on the stock is a Buy or Strong Buy, and several firms raised targets in late 2026, though the spread between the low and high target is wide.
  • The strongest supports are a high-margin royalty model, a near debt-free balance sheet, and recent portfolio acquisitions that analysts say improve cash flow.
  • The biggest risks are a second-quarter earnings miss, concentration in a small number of assets, and execution risk around pending deals.
  • For more detail on this ticker's Major News, Today's Price Move, Forecast, and Earnings, explore these dedicated pages.
  • Readers can also browse Trending AI Robots to see which automated strategies are drawing attention across the market.

Analyst Consensus and Price Targets

Elemental Royalty Corporation operates as a precious and base metals royalty company rather than an exchange-traded fund. It acquires royalties and streams on gold, silver, and copper projects, generating revenue from mine production without taking on direct operating costs. The firm, previously known as Elemental Altus Royalties Corp., is based in Vancouver. I reviewed five attributable analyst price targets to arrive at the central figure. ELE targets include CIBC at $24, Raymond James at $26 (raised from $24 in September 2026), Canaccord Genuity at $26.77, National Bank at $27 (raised from $25 in late October 2026), and H.C. Wainwright at $31 (trimmed from $33 in September 2026). The arithmetic mean comes in at roughly $26.95, which rounds to $27. The full range spans $24 to $31, and the consensus remains uniformly bullish with no Hold or Sell ratings among the collected views. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.

Because these figures represent averages rather than certainties, the wide $24–$31 spread stands out. Analysts differ primarily on how quickly recently acquired royalties will translate into cash flow and on the timing of deal closings, not on the core quality of the underlying business.

Current Market Position and Upside Path

The stock recently traded near $16.82, inside a 52-week range of $12.58 to $26.96. A move to $27 therefore points to upside of about 60%, a substantial advance. The target sits just above the stock’s prior 52-week high, so the real question is whether ELE can reclaim and modestly exceed its earlier peak following a notable pullback. Revenue has been growing, with trailing twelve-month revenue around $71 million, and the company maintains a conservative balance sheet holding roughly $90 million in cash and essentially no debt. That said, the royalty portfolio remains concentrated in a limited number of assets, and the company posted negative free cash flow recently while funding acquisitions. Reaching $27 would likely hinge on successful integration of new royalties, continued strength in gold and copper prices, and renewed investor confidence after a volatile period.

Factors That Could Support the Target

  • Royalty economics: The model sidesteps direct mine operating costs, which helps sustain high gross and EBITDA margins that can turn production growth into stronger earnings.
  • Balance-sheet strength: A near debt-free position keeps flexibility available for acquisitions and lowers financing risk.
  • Portfolio expansion: Analysts have highlighted the Orion portfolio transaction as a lift to cash flow and growth prospects, along with a separate Vizsla-related deal still awaiting regulatory approval.
  • Favorable revisions: National Bank, Raymond James, and H.C. Wainwright have kept Buy ratings, with several lifting targets during 2026.
  • Commodity backdrop: Sustained gold and copper prices continue to underpin the revenue base that supports the analyst price targets.

Risks That Could Keep the Target Out of Reach

  • Earnings misses: The company reported EPS of $0.05 for its second quarter, below the consensus estimate of about $0.10.
  • Revenue concentration: Dependence on a small group of assets amplifies the effect of any operator underperformance or production interruption.
  • Acquisition execution: Pending transactions bring regulatory and funding requirements that could strain liquidity or postpone expected cash-flow growth.
  • Commodity risk: A decline in gold, silver, or copper prices would pressure both fundamentals and sentiment.
  • Valuation and volatility: A price-to-sales ratio well into double digits and a history of sharp drawdowns leave the stock open to valuation compression.

Technical Levels and Market Structure

The key technical marker remains the 52-week high near $26.96, which aligns almost exactly with the $27 target and forms a clear resistance level the stock must reclaim. On the downside, the early-November low near $14 and the 52-week low of $12.58 represent important support zones. A 50-day moving average near $18.88 has served as an area of interest, so the stock would first need to move back above that level before approaching the $24–$27 range.

Time Horizon and Items to Watch

Analyst price targets generally reflect a research horizon of about 12 months, though individual firms may vary and no specific timing should be assumed. Key items to monitor include quarterly earnings results, guidance on royalty revenue, analyst revisions, the closing and integration of pending acquisitions, and the direction of gold and copper prices. Regulatory decisions on the Vizsla transaction and any shifts in commodity markets also matter for whether the $27 target stays credible.

AI Daily Buy/Sell Signals

For traders who prefer a data-driven approach, Tickeron's AI Daily Buy/Sell Signals use artificial intelligence to continuously monitor thousands of stocks and ETFs, generating Buy, Sell, or Hold signals based on changing market conditions, technical behavior, and AI-driven analysis. The system is designed to help traders discover opportunities, monitor existing positions, and spot shifting trends more efficiently than manual screening allows. Those interested in a systematic view of ELE and the broader market can explore these signals as one input alongside their own research.

Exploring Tickeron’s AI Tools for Deeper Research

In my own work, I have found Tickeron’s AI Daily Buy/Sell Signals helpful for quickly scanning market conditions and spotting potential shifts in names like ELE. The platform’s AI-driven approach can surface patterns that complement traditional analysis, and I often cross-reference it with analyst targets when evaluating royalty companies. It serves as one more data point rather than a standalone decision tool, allowing me to stay organized while reviewing multiple factors at once.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations

Related Ticker: ELE

Contributor

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.


ELE's RSI Oscillator recovers from oversold territory

The RSI Oscillator for ELE moved out of oversold territory on November 04, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 18 similar instances when the indicator left oversold territory. In 14 of the 18 cases the stock moved higher. This puts the odds of a move higher at 78%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 06, 2026. You may want to consider a long position or call options on ELE as a result. In 77 of 116 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 66%.

The Moving Average Convergence Divergence (MACD) for ELE just turned positive on November 05, 2026. Looking at past instances where ELE's MACD turned positive, the stock continued to rise in 30 of 54 cases over the following month. The odds of a continued upward trend are 56%.

Following a +8.52% 3-day Advance, the price is estimated to grow further. Considering data from situations where ELE advanced for three days, in 173 of 243 cases, the price rose further within the following month. The odds of a continued upward trend are 71%.

ELE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The 10-day moving average for ELE crossed bearishly below the 50-day moving average on October 05, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 62%.

The 50-day moving average for ELE moved below the 200-day moving average on November 05, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ELE declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 66%.

The Aroon Indicator for ELE entered a downward trend on November 09, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of 3 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.554) is normal, around the industry mean (2.121). ELE's P/E Ratio (-925.345) is considerably lower than the industry average of (-12.498). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.614). Dividend Yield (0.008) settles around the average of (0.330) among similar stocks. ELE's P/S Ratio (18.149) is slightly higher than the industry average of (7.321).

The Tickeron Profit vs. Risk Rating rating for this company is 28 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 61, placing this stock better than average.

The Tickeron Price Growth Rating for this company is 61 (best 1 - 100 worst), indicating fairly steady price growth. ELE’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is 90 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is 100 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

Notable companies

The most notable companies in this group are Newmont Corp (NYSE:NEM), Wheaton Precious Metals Corp (NYSE:WPM), Gold Fields Ltd (NYSE:GFI), Kinross Gold Corp (NYSE:KGC), Pan American Silver Corp (NYSE:PAAS), SSR Mining (NASDAQ:SSRM).

Industry description

The Precious Metals industry is engaged in exploring/mining metals that are considered to be rare and/or have a high economic value. Popular precious metals include gold, platinum and silver - all three of which are largely used in jewelry, art and coinage alongwith having some industrial uses as well. Precious metals used in industrial processes include iridium, (used in specialty alloys), and palladium ( used in electronics and chemical applications). Historically, precious metals have traded at much higher prices than common industrial metals. Newmont Goldcorp Corp, Barrick Gold Corp and Freeport-McMoRan are few of the major precious metals producing companies in the U.S.

Market Cap

The average market capitalization across the Precious Metals Industry is 12.39B. The market cap for tickers in the group ranges from 2.07K to 127.95B. NEMCL holds the highest valuation in this group at 127.95B. The lowest valued company is GXMLF at 2.07K.

High and low price notable news

The average weekly price growth across all stocks in the Precious Metals Industry was 11%. For the same Industry, the average monthly price growth was -7%, and the average quarterly price growth was -13%. CNL experienced the highest price growth at 39%, while THM experienced the biggest fall at -15%.

Volume

The average weekly volume growth across all stocks in the Precious Metals Industry was -1%. For the same stocks of the Industry, the average monthly volume growth was 35% and the average quarterly volume growth was 9%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 53
P/E Growth Rating: 70
Price Growth Rating: 55
SMR Rating: 64
Profit Risk Rating: 61
Seasonality Score: 21 (-100 ... +100)
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General Information

Industry PreciousMetals

Industry
N/A
Address
10001 West Titan Road
Phone
+1 604 688-6390
Employees
47
Web
https://www.elementalroyalty.com
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