Wainwright cuts Elemental Royalty stock price target on acquisition
H.C. Wainwright has reduced its price target on Elemental Royalty Corp (ELE) shares to $31.00, down from $33.00, while keeping a Buy rating for the stock. The adjustment follows ELE's announcement on September 21, 2026 that it plans to acquire five streams and royalties from Orion Mine Finance for $290.0 million.
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