Altius Renewable Royalties Corp. (TSE:ARR – Free Report) – Investment analysts at National Bank Financial raised their Q1 2024 EPS estimates for Altius Renewable Royalties in a research note issued on Monday, April 22nd. National Bank Financial analyst R. Merer now forecasts that the company will earn $0.04 per share for the quarter, up from their previous forecast of $0.01. The consensus estimate for Altius Renewable Royalties’ current full-year earnings is $0.03 per share. National Bank Financial also issued estimates for Altius Renewable Royalties’ Q4 2024 earnings at $0.04 EPS and FY2024 earnings at $0.08 EPS.
Altius Renewable Royalties (TSE:ARR – Get Free Report) last posted its quarterly earnings results on Wednesday, March 6th. The company reported C($0.01) earnings per share (EPS) for the quarter. Altius Renewable Royalties had a negative return on equity of 0.54% and a negative net margin of 40.19%. The business had revenue of C$1.32 million during the quarter, compared to analyst estimates of C$0.62 million.
Read Our Latest Stock Analysis on ARR
Altius Renewable Royalties Stock Performance
TSE:ARR opened at C$9.50 on Thursday. Altius Renewable Royalties has a 12-month low of C$6.60 and a 12-month high of C$9.75. The company has a quick ratio of 102.67, a current ratio of 233.62 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of C$292.51 million, a PE ratio of -190.00 and a beta of 0.96. The firm has a 50-day moving average price of C$8.77 and a 200 day moving average price of C$8.13.
About Altius Renewable Royalties
Altius Renewable Royalties Corp., a renewable energy royalty company, engages in the acquisition and management of renewable energy investments and royalties in North America. The company holds interests in a portfolio of 2,068 MW of operational wind, solar, and hydroelectric projects located in Texas, Kansas, California, and Vermont.
Featured Stories
- Five stocks we like better than Altius Renewable Royalties
- How to Buy Cheap Stocks Step by Step
- Simpson Manufacturing: Buy This Future Dividend King While Down
- Most active stocks: Dollar volume vs share volume
- Is Boeing Stock About to Soar Higher?
- How to Invest in the FAANG Stocks
- High-Yield Texas Instruments Could Hit New Highs Soon
Receive News & Ratings for Altius Renewable Royalties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altius Renewable Royalties and related companies with MarketBeat.com's FREE daily email newsletter.