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SOLR

Solar Alliance Energy TSXV:SOLR Stock Report

Last Price

CA$0.085

Market Cap

CA$23.4m

7D

21.4%

1Y

-48.5%

Updated

26 Nov, 2022

Data

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

SOLR Stock Overview

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

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$0.085
52 Week HighCA$0.20
52 Week LowCA$0.05
Beta1.27
1 Month Change13.33%
3 Month Change-26.09%
1 Year Change-48.49%
3 Year Change112.50%
5 Year Change41.67%
Change since IPO-98.71%

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
7D21.4%3.9%2.1%
1Y-48.5%-8.0%-1.4%

Return vs Industry: SOLR underperformed the Canadian Renewable Energy industry which returned -8.9% over the past year.

Return vs Market: SOLR underperformed the Canadian Market which returned -3.7% over the past year.

Price Volatility

Is SOLR's price volatile compared to industry and market?
SOLR volatility
SOLR Average Weekly Movement12.6%
Renewable Energy Industry Average Movement4.8%
Market Average Movement10.0%
10% most volatile stocks in CA Market18.0%
10% least volatile stocks in CA Market4.1%

Stable Share Price: SOLR is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: SOLR's weekly volatility (13%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/aMyke Clarkhttps://www.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 electric vehicle charger installation services; and backup generator, home inspection, commercial generator, renewable radar, utility scale power, commercial electric vehicle charging, and data centers solutions.

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$23.37m
Earnings (TTM)-CA$297.57k
Revenue (TTM)CA$5.79m

4.0x

P/S Ratio

-78.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SOLR income statement (TTM)
RevenueCA$5.79m
Cost of RevenueCA$4.79m
Gross ProfitCA$1.01m
Other ExpensesCA$1.30m
Earnings-CA$297.57k

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.0011
Gross Margin17.38%
Net Profit Margin-5.14%
Debt/Equity Ratio-82.6%

How did SOLR perform over the long term?

See historical performance and comparison