RE πŸ“ˆ RE Royalties - Overview

Exchange: V • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA75527Q1081

RE: Solar, Wind, Hydro, Storage, Gas

RE Royalties Ltd. engages in the acquisition of revenue-based royalties from renewable energy and clean technology companies by providing a non-dilutive royalty financing solution to privately held and publicly traded companies. As of May 2, 2024, it owned a portfolio of 115 royalties on solar, wind, hydro, battery storage, and renewable natural gas projects in Canada, Mexico, Chile, and the United States. The company was founded in 2016 and is headquartered in Vancouver, Canada. Web URL: https://www.reroyalties.com

Additional Sources for RE Stock

Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle

RE Stock Overview

Market Cap in USD 15m
Sector Utilities
Industry Utilities - Renewable
GiC Sub-Industry Renewable Electricity
IPO / Inception

RE Stock Ratings

Growth 5y -45.3%
Fundamental -34.8%
Dividend 70.1%
Rel. Strength Industry -147
Analysts -
Fair Price Momentum 0.45 CAD
Fair Price DCF -

RE Dividends

Dividend Yield 12m 8.51%
Yield on Cost 5y 5.48%
Annual Growth 5y 5.92%
Payout Consistency 97.5%

RE Growth Ratios

Growth Correlation 3m 51%
Growth Correlation 12m 27%
Growth Correlation 5y -86.9%
CAGR 5y -8.52%
CAGR/Mean DD 5y -0.21
Sharpe Ratio 12m -0.04
Alpha -21.83
Beta 0.44
Volatility 68.97%
Current Volume 0.5k
Average Volume 20d 14.6k
What is the price of RE stocks?
As of December 27, 2024, the stock is trading at CAD 0.47 with a total of 500 shares traded.
Over the past week, the price has changed by +5.62%, over one month by +0.00%, over three months by +2.15% and over the past year by -11.90%.
Is RE Royalties a good stock to buy?
Probably not. Based on ValueRay Fundamental Analyses, RE Royalties (V:RE) is currently (December 2024) not a good stock to buy. It has a ValueRay Fundamental Rating of -34.82 and therefor a somewhat negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of RE as of December 2024 is 0.45. This means that RE is currently overvalued and has a potential downside of -4.26%.
Is RE a buy, sell or hold?
RE Royalties has no consensus analysts rating.
What are the forecast for RE stock price target?
According to ValueRays Forecast Model, RE RE Royalties will be worth about 0.5 in December 2025. The stock is currently trading at 0.47. This means that the stock has a potential upside of +4.26%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 0.5 4.3%