Polaris Renewable Energy Inc. (TSE:PIF - Free Report) - National Bank Financial reduced their Q4 2024 earnings per share (EPS) estimates for Polaris Renewable Energy in a research note issued on Tuesday, February 4th. National Bank Financial analyst R. Merer now forecasts that the company will post earnings of ($0.03) per share for the quarter, down from their prior estimate of $0.01. The consensus estimate for Polaris Renewable Energy's current full-year earnings is $0.65 per share.
Other analysts have also recently issued reports about the company. Cormark raised their price target on Polaris Renewable Energy from C$23.50 to C$25.00 in a research note on Thursday, January 30th. Raymond James raised their target price on Polaris Renewable Energy from C$19.00 to C$21.00 and gave the stock a "strong-buy" rating in a research report on Friday, November 1st.
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Polaris Renewable Energy Stock Down 0.5 %
Shares of PIF traded down C$0.07 during midday trading on Friday, reaching C$12.68. The stock had a trading volume of 21,887 shares, compared to its average volume of 33,333. The company has a market cap of C$267.29 million, a price-to-earnings ratio of 25.36, a PEG ratio of 3.28 and a beta of 0.97. The company's fifty day simple moving average is C$13.08 and its two-hundred day simple moving average is C$12.62. Polaris Renewable Energy has a 1-year low of C$11.08 and a 1-year high of C$13.85. The company has a debt-to-equity ratio of 62.63, a current ratio of 1.86 and a quick ratio of 1.64.
About Polaris Renewable Energy
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Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.
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