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RE

RE Royalties TSXV:RE Stock Report

Last Price

CA$0.77

Market Cap

CA$33.2m

7D

-1.3%

1Y

-17.2%

Updated

29 Jan, 2023

Data

Company Financials

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.

RE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends1/6

My Notes

New

Notes are coming soon

RE Royalties Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for RE Royalties
Historical stock prices
Current Share PriceCA$0.77
52 Week HighCA$1.00
52 Week LowCA$0.65
Beta0.61
1 Month Change2.67%
3 Month Change6.94%
1 Year Change-17.20%
3 Year Change-37.40%
5 Year Changen/a
Change since IPO-30.00%

Recent News & Updates

Recent updates

RE Royalties Ltd.'s (CVE:RE) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

Dec 02
RE Royalties Ltd.'s (CVE:RE) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

Shareholder Returns

RECA Renewable EnergyCA Market
7D-1.3%0.1%0.6%
1Y-17.2%-3.4%-0.6%

Return vs Industry: RE underperformed the Canadian Renewable Energy industry which returned -3.4% over the past year.

Return vs Market: RE underperformed the Canadian Market which returned -0.6% over the past year.

Price Volatility

Is RE's price volatile compared to industry and market?
RE volatility
RE Average Weekly Movement8.9%
Renewable Energy Industry Average Movement4.6%
Market Average Movement9.9%
10% most volatile stocks in CA Market19.2%
10% least volatile stocks in CA Market3.9%

Stable Share Price: RE is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: RE's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a7Bernard Tanhttps://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 April 25, 2022, it owned a portfolio 104 royalties on solar, wind, hydro, battery storage, and renewable natural gas projects in Canada, Europe, and the United States. The company is headquartered in Vancouver, Canada.

RE Royalties Ltd. Fundamentals Summary

How do RE Royalties's earnings and revenue compare to its market cap?
RE fundamental statistics
Market CapCA$33.21m
Earnings (TTM)-CA$89.54k
Revenue (TTM)CA$1.78m

18.6x

P/S Ratio

-370.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RE income statement (TTM)
RevenueCA$1.78m
Cost of RevenueCA$278.31k
Gross ProfitCA$1.50m
Other ExpensesCA$1.59m
Earnings-CA$89.54k

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.0021
Gross Margin84.39%
Net Profit Margin-5.02%
Debt/Equity Ratio99.6%

How did RE perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

-1,617%

Payout Ratio

Does RE pay a reliable dividends?

See RE dividend history and benchmarks
When do you need to buy RE by to receive an upcoming dividend?
RE Royalties dividend dates
Ex Dividend DateJan 31 2023
Dividend Pay DateFeb 22 2023
Days until Ex dividend1 day
Days until Dividend pay date23 days

Does RE pay a reliable dividends?

See RE dividend history and benchmarks