HC Wainwright Forecasts Strong Price Appreciation for Elemental Royalty (NASDAQ:ELE) Stock

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HC Wainwright Forecasts Strong Price Appreciation for Elemental Royalty (NASDAQ:ELE) Stock

HC Wainwright boosted their price objective on Elemental Royalty from $32.50 to $33.00 and gave the stock a "buy" rating in a research report on Wednesday.

Elemental Royalty reports record Q2 2026 GEOs and operating cash flow

Elemental Royalty Corporation (NASDAQ: ELE) (TSX: ELE) has reported results for the three and six months ended June 30, 2026. For the quarter, Elemental delivered revenue of US$23.8 million, record quarterly GEOs1 of 5,248, record operating cash flow of US$15.5 million, and adjusted EBITDA1 of US$17.4 million. Q2 2026 Financial Highlights Quarterly Revenue of US$23.8 million, the Company’s second highest quarterly result, and up 127% over reven…