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Solar Alliance Energy TSXV:SOLR Stock Report

Last Price

CA$0.05

Market Cap

CA$13.7m

7D

0%

1Y

-33.3%

Updated

24 Apr, 2024

Data

Company Financials

Solar Alliance Energy Inc.

TSXV:SOLR Stock Report

Market Cap: CA$13.7m

SOLR Stock Overview

Solar Alliance Energy Inc., together with its subsidiaries, provides energy solutions.

SOLR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Solar Alliance Energy Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Solar Alliance Energy
Historical stock prices
Current Share PriceCA$0.05
52 Week HighCA$0.085
52 Week LowCA$0.035
Beta1.34
1 Month Change-9.09%
3 Month Change-23.08%
1 Year Change-33.33%
3 Year Change-87.34%
5 Year Change-16.67%
Change since IPO-99.24%

Recent News & Updates

Recent updates

We Think Solar Alliance Energy (CVE:SOLR) Needs To Drive Business Growth Carefully

Dec 06
We Think Solar Alliance Energy (CVE:SOLR) Needs To Drive Business Growth Carefully

Shareholder Returns

SOLRCA Renewable EnergyCA Market
7D0%4.7%1.2%
1Y-33.3%-28.5%6.1%

Return vs Industry: SOLR underperformed the Canadian Renewable Energy industry which returned -28.5% over the past year.

Return vs Market: SOLR underperformed the Canadian Market which returned 6.1% over the past year.

Price Volatility

Is SOLR's price volatile compared to industry and market?
SOLR volatility
SOLR Average Weekly Movement14.0%
Renewable Energy Industry Average Movement4.3%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.1%

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

Volatility Over Time: SOLR's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2003n/aMyke Clarkwww.solaralliance.com

Solar Alliance Energy Inc., together with its subsidiaries, provides energy solutions. The company primarily focuses on development, engineering, procurement, and construction of commercial and industrial solar projects, and residential solar installations in Tennessee, Kentucky, Illinois, and North/South Carolina. It also offers backup generator, home inspection, commercial generator, renewable radar, utility scale power, commercial electric vehicle charging, and data centers solutions, as well as electric vehicle charger installation services.

Solar Alliance Energy Inc. Fundamentals Summary

How do Solar Alliance Energy's earnings and revenue compare to its market cap?
SOLR fundamental statistics
Market capCA$13.75m
Earnings (TTM)-CA$2.10m
Revenue (TTM)CA$5.28m

2.6x

P/S Ratio

-6.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLR income statement (TTM)
RevenueCA$5.28m
Cost of RevenueCA$3.88m
Gross ProfitCA$1.41m
Other ExpensesCA$3.51m
Earnings-CA$2.10m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.0076
Gross Margin26.63%
Net Profit Margin-39.81%
Debt/Equity Ratio-7.4%

How did SOLR perform over the long term?

See historical performance and comparison
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