company background image
RE logo

RE Royalties TSXV:RE Stock Report

Last Price

CA$0.49

Market Cap

CA$21.2m

7D

11.4%

1Y

-33.8%

Updated

25 Feb, 2024

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 Health3/6
Dividends2/6

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$0.49
52 Week HighCA$0.80
52 Week LowCA$0.41
Beta0.35
1 Month Change4.26%
3 Month Change-23.44%
1 Year Change-33.78%
3 Year Change-62.31%
5 Year Change-48.42%
Change since IPO-55.45%

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
7D11.4%-1.7%1.0%
1Y-33.8%-17.7%3.6%

Return vs Industry: RE underperformed the Canadian Renewable Energy industry which returned -17.7% over the past year.

Return vs Market: RE underperformed the Canadian Market which returned 3.6% over the past year.

Price Volatility

Is RE's price volatile compared to industry and market?
RE volatility
RE Average Weekly Movement10.8%
Renewable Energy Industry Average Movement4.4%
Market Average Movement8.6%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market3.2%

Stable Share Price: RE's share price has been volatile over the past 3 months.

Volatility Over Time: RE's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a8Bernard 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 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

How do RE Royalties's earnings and revenue compare to its market cap?
RE fundamental statistics
Market capCA$21.20m
Earnings (TTM)-CA$2.79m
Revenue (TTM)CA$2.71m

7.8x

P/S Ratio

-7.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RE income statement (TTM)
RevenueCA$2.71m
Cost of RevenueCA$446.86k
Gross ProfitCA$2.26m
Other ExpensesCA$5.05m
Earnings-CA$2.79m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.065
Gross Margin83.49%
Net Profit Margin-103.14%
Debt/Equity Ratio196.1%

How did RE perform over the long term?

See historical performance and comparison

Dividends

8.2%

Current Dividend Yield

-62%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.