Altius Renewable Royalties Corp. (TSE:ARR – Free Report) – Stock analysts at National Bank Financial raised their Q1 2024 earnings per share estimates for Altius Renewable Royalties in a report issued on Monday, April 22nd. National Bank Financial analyst R. Merer now expects that the company will post earnings of $0.04 per share for the quarter, up from their prior estimate 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 released its 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 company had revenue of C$1.32 million for the quarter, compared to the consensus estimate of C$0.62 million.
Get Our Latest Stock Analysis on Altius Renewable Royalties
Altius Renewable Royalties Stock Performance
ARR opened at C$9.50 on Thursday. The business’s 50-day simple moving average is C$8.83 and its 200 day simple moving average is C$8.14. The firm has a market capitalization of C$292.51 million, a PE ratio of -190.00 and a beta of 0.96. The company has a debt-to-equity ratio of 0.12, a quick ratio of 102.67 and a current ratio of 233.62. Altius Renewable Royalties has a 52-week low of C$6.60 and a 52-week high of C$9.75.
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.
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