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SolarBank NEOE:SUNN Stock Report

Last Price

CA$4.00

Market Cap

CA$116.8m

7D

8.1%

1Y

-36.0%

Updated

22 Nov, 2024

Data

Company Financials +

SUNN Stock Overview

Operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. More details

SUNN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance0/6
Financial Health1/6
Dividends0/6

SolarBank Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SolarBank
Historical stock prices
Current Share PriceCA$4.00
52 Week HighCA$9.00
52 Week LowCA$3.50
Beta0
11 Month Change-20.79%
3 Month Change-31.62%
1 Year Change-36.00%
33 Year Changen/a
5 Year Changen/a
Change since IPO110.53%

Recent News & Updates

Recent updates

Statutory Profit Doesn't Reflect How Good SolarBank's (CSE:SUNN) Earnings Are

Nov 03
Statutory Profit Doesn't Reflect How Good SolarBank's (CSE:SUNN) Earnings Are

Shareholder Returns

SUNNCA ConstructionCA Market
7D8.1%3.2%2.1%
1Y-36.0%39.7%23.4%

Return vs Industry: SUNN underperformed the Canadian Construction industry which returned 38.8% over the past year.

Return vs Market: SUNN underperformed the Canadian Market which returned 23.1% over the past year.

Price Volatility

Is SUNN's price volatile compared to industry and market?
SUNN volatility
SUNN Average Weekly Movement11.6%
Construction Industry Average Movement5.6%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market2.9%

Stable Share Price: SUNN has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: SUNN's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201315Richard Lusolarbankcorp.com

SolarBank Corporation operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. It focuses on solar photovoltaic power generation projects, battery energy storage systems, and EV-charging projects. The company provides expertise in the areas of site origination, utility grid interconnection, permitting, financing, engineering, procurement and construction, operation and maintenance, and asset management of solar photovoltaic power plants to the renewable and clean energy industry.

SolarBank Corporation Fundamentals Summary

How do SolarBank's earnings and revenue compare to its market cap?
SUNN fundamental statistics
Market capCA$116.83m
Earnings (TTM)-CA$4.67m
Revenue (TTM)CA$66.70m

1.9x

P/S Ratio

-26.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SUNN income statement (TTM)
RevenueCA$66.70m
Cost of RevenueCA$52.99m
Gross ProfitCA$13.71m
Other ExpensesCA$18.37m
Earnings-CA$4.67m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.15
Gross Margin20.55%
Net Profit Margin-7.00%
Debt/Equity Ratio90.8%

How did SUNN perform over the long term?

See historical performance and comparison