Altius Renewable Royalties Corp. (TSE:ARR – Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as C$11.85 and last traded at C$11.78, with a volume of 52596 shares traded. The stock had previously closed at C$11.00.
Wall Street Analyst Weigh In
Separately, Ventum Financial boosted their target price on Altius Renewable Royalties from C$13.00 to C$14.00 and gave the company a “buy” rating in a research note on Friday, June 28th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$12.50.
Check Out Our Latest Research Report on ARR
Altius Renewable Royalties Price Performance
Altius Renewable Royalties (TSE:ARR – Get Free Report) last posted its earnings results on Monday, August 5th. The company reported C($0.03) earnings per share for the quarter. Altius Renewable Royalties had a negative return on equity of 0.83% and a negative net margin of 206.69%. The firm had revenue of C$1.22 million for the quarter, compared to analysts’ expectations of C$1.31 million. On average, equities analysts anticipate that Altius Renewable Royalties Corp. will post 0.0539234 EPS for the current year.
Altius Renewable Royalties Company Profile
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
- What is a Low P/E Ratio and What Does it Tell Investors?
- 3 Leveraged ETFs to Multiply Returns
- How to Capture the Benefits of Dividend Increases
- A Tale of Two Titans: Unveiling the Value in Baidu and JD.com
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Is the AI-Capable iPhone 16 the Start of a Sales Super-Cycle?
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.