ALTIUS RENEWABLE ROYALTIES (ARR.CA) Stock Price, Forecast & Analysis
Canada - Toronto Stock Exchange - TSX:ARR - CA02156G1028 - Common Stock
ARR.CA Key Statistics, Chart & Performance
The current stock price of ARR.CA is 12 CAD. In the past month the price increased by 0.84%. In the past year, price increased by 56.25%.
ARR.CA Technical Analysis
ChartMill assigns a technical rating of 10 / 10 to ARR.CA. When comparing the yearly performance of all stocks, ARR.CA is one of the better performing stocks in the market, outperforming 87.67% of all stocks.
ARR.CA Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to ARR.CA. ARR.CA has a great financial health rating, but its profitability evaluates not so good.
ARR.CA Financial Highlights
Over the last trailing twelve months ARR.CA reported a non-GAAP Earnings per Share(EPS) of -0.04. The EPS increased by 25% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -0.26% | ||
| ROE | -0.27% | ||
| Debt/Equity | 0 |
ARR.CA Forecast & Estimates
9 analysts have analysed ARR.CA and the average price target is 12.02 CAD. This implies a price increase of 0.18% is expected in the next year compared to the current price of 12.
For the next year, analysts expect an EPS growth of 54.55% and a revenue growth 175.41% for ARR.CA
ARR.CA Ownership
About ARR.CA
Company Profile
Altius Renewable Royalties Corp. engages in the acquisition and management of renewable energy investments and royalties directly from project originators, developers, operators, and third-party holders of existing royalties. The company is headquartered in St. Johns, Newfoundland And Labrador. The company went IPO on 2021-02-19. The firm is engaged in providing long-term, royalty level investment capital to renewable power developers, operators, and originators. The company has 35 renewable energy royalties representing approximately 2.6 gigawatts (GW) of renewable power on operating projects and an additional approximate 5.6 GW on projects in development phase, across several regional power pools in the United States. The firm holds interests in a portfolio of 2,068 megawatts of operational wind, solar, and hydro-electric projects located in Texas, Kansas, California and Vermont. In addition, the Company holds investments in renewable project developers that entitle it to additional royalty interest grants upon project sales to third parties. The company also includes royalties from GBR's investments in Bluestar Energy Capital, Hodson Energy and Hexagon Energy. Its royalties include Prospero 2, Old Settler, Cotton Plains, Phantom and others.
Company Info
ALTIUS RENEWABLE ROYALTIES
2nd Floor. 38 Duffy Place
ST. JOHNS NEWFOUNDLAND AND LABRADOR V7Y 1B6 CA
CEO: Warren M. McIntyre
Employees: 0
Phone: 14163469020
ALTIUS RENEWABLE ROYALTIES / ARR.CA FAQ
What does ARR do?
Altius Renewable Royalties Corp. engages in the acquisition and management of renewable energy investments and royalties directly from project originators, developers, operators, and third-party holders of existing royalties. The company is headquartered in St. Johns, Newfoundland And Labrador. The company went IPO on 2021-02-19. The firm is engaged in providing long-term, royalty level investment capital to renewable power developers, operators, and originators. The company has 35 renewable energy royalties representing approximately 2.6 gigawatts (GW) of renewable power on operating projects and an additional approximate 5.6 GW on projects in development phase, across several regional power pools in the United States. The firm holds interests in a portfolio of 2,068 megawatts of operational wind, solar, and hydro-electric projects located in Texas, Kansas, California and Vermont. In addition, the Company holds investments in renewable project developers that entitle it to additional royalty interest grants upon project sales to third parties. The company also includes royalties from GBR's investments in Bluestar Energy Capital, Hodson Energy and Hexagon Energy. Its royalties include Prospero 2, Old Settler, Cotton Plains, Phantom and others.
What is the stock price of ALTIUS RENEWABLE ROYALTIES today?
The current stock price of ARR.CA is 12 CAD.
What is the dividend status of ALTIUS RENEWABLE ROYALTIES?
ARR.CA does not pay a dividend.
What is the ChartMill technical and fundamental rating of ARR stock?
ARR.CA has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 5 out of 10.
How is the market expecting ARR stock to perform?
9 analysts have analysed ARR.CA and the average price target is 12.02 CAD. This implies a price increase of 0.18% is expected in the next year compared to the current price of 12.
What is the Price/Earnings (PE) ratio of ALTIUS RENEWABLE ROYALTIES (ARR.CA)?
ALTIUS RENEWABLE ROYALTIES (ARR.CA) does not have a PE ratio as the earnings reported over the last twelve months were negative (-0.04).