RE Stock Overview
RE Royalties Ltd. engages in the acquisition of revenue-based royalties from renewable energy generation facilities and other clean energy technologies by providing a non-dilutive royalty financing solution to privately held and publicly traded renewable energy generation and development companies, and clean energy technology companies.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
RE Royalties Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.48 |
| 52 Week High | CA$0.80 |
| 52 Week Low | CA$0.41 |
| Beta | 0.35 |
| 1 Month Change | -3.03% |
| 3 Month Change | 6.67% |
| 1 Year Change | -31.43% |
| 3 Year Change | -53.85% |
| 5 Year Change | -46.67% |
| Change since IPO | -56.36% |
Recent News & Updates
Shareholder Returns
| RE | CA Renewable Energy | CA Market | |
|---|---|---|---|
| 7D | -4.0% | 14.8% | -0.1% |
| 1Y | -31.4% | -20.8% | 6.2% |
Return vs Industry: RE underperformed the Canadian Renewable Energy industry which returned -20.6% over the past year.
Return vs Market: RE underperformed the Canadian Market which returned 7% over the past year.
Price Volatility
| RE volatility | |
|---|---|
| RE Average Weekly Movement | 9.6% |
| Renewable Energy Industry Average Movement | 4.8% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in CA Market | 18.1% |
| 10% least volatile stocks in CA Market | 3.1% |
Stable Share Price: RE has not had significant price volatility in the past 3 months.
Volatility Over Time: RE's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 8 | Bernard Tan | www.reroyalties.com |
RE Royalties Ltd. engages in the acquisition of revenue-based royalties from renewable energy generation facilities and other clean energy technologies by providing a non-dilutive royalty financing solution to privately held and publicly traded renewable energy generation and development companies, and clean energy technology companies. As of May 2, 2023, it owned a portfolio of 100 royalties on solar, wind, hydro, battery storage, and renewable natural gas projects in Canada, Mexico, and the United States. The company was founded in 2016 and is headquartered in Vancouver, Canada.
RE Royalties Ltd. Fundamentals Summary
| RE fundamental statistics | |
|---|---|
| Market cap | CA$20.33m |
| Earnings (TTM) | -CA$3.12m |
| Revenue (TTM) | CA$2.07m |
10.0x
P/S Ratio-6.6x
P/E RatioIs RE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RE income statement (TTM) | |
|---|---|
| Revenue | CA$2.07m |
| Cost of Revenue | CA$471.77k |
| Gross Profit | CA$1.60m |
| Other Expenses | CA$4.72m |
| Earnings | -CA$3.12m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.072 |
| Gross Margin | 77.18% |
| Net Profit Margin | -151.11% |
| Debt/Equity Ratio | 212.0% |
How did RE perform over the long term?
See historical performance and comparison