SUUN logo

SolarBank NasdaqGM:SUUN Stock Report

Last Price

US$5.86

Market Cap

US$159.8m

7D

-3.3%

1Y

-1.8%

Updated

05 Jul, 2024

Data

Company Financials +

SolarBank Corporation

NasdaqGM:SUUN Stock Report

Market Cap: US$159.8m

SUUN Stock Overview

Operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States.

SUUN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance1/6
Financial Health5/6
Dividends0/6

SolarBank Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SolarBank
Historical stock prices
Current Share PriceCA$5.86
52 Week HighCA$8.00
52 Week LowCA$4.00
Beta0
11 Month Change1.38%
3 Month Change11.62%
1 Year Change-1.84%
33 Year Changen/a
5 Year Changen/a
Change since IPO24.68%

Recent News & Updates

Recent updates

Shareholder Returns

SUUNUS ConstructionUS Market
7D-3.3%-2.4%1.0%
1Y-1.8%31.3%23.6%

Return vs Industry: SUUN underperformed the US Construction industry which returned 31.3% over the past year.

Return vs Market: SUUN underperformed the US Market which returned 23.6% over the past year.

Price Volatility

Is SUUN's price volatile compared to industry and market?
SUUN volatility
SUUN Average Weekly Movement9.7%
Construction Industry Average Movement5.8%
Market Average Movement5.7%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.8%

Stable Share Price: SUUN has not had significant price volatility in the past 3 months.

Volatility Over Time: SUUN's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201315Richard Lusolarbankcorp.com

SolarBank Corporation operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States. The company engages in the site origination, development, financing, engineering, procurement, construction, operation, maintenance, and asset management of solar photovoltaic power generation projects. It offers solar energy solutions in the areas of behind-the-meter solar power plants, electricity grid connected community solar gardens, and utility scale solar farms.

SolarBank Corporation Fundamentals Summary

How do SolarBank's earnings and revenue compare to its market cap?
SUUN fundamental statistics
Market capUS$159.80m
Earnings (TTM)US$3.23m
Revenue (TTM)US$43.82m

49.4x

P/E Ratio

3.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SUUN income statement (TTM)
RevenueCA$59.65m
Cost of RevenueCA$47.19m
Gross ProfitCA$12.46m
Other ExpensesCA$8.05m
EarningsCA$4.40m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.16
Gross Margin20.88%
Net Profit Margin7.38%
Debt/Equity Ratio11.6%

How did SUUN perform over the long term?

See historical performance and comparison
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