Altius Renewable Royalties Corp. (ATRWF)
Altius Renewable Royalties Corp. operates in the Renewable Utilities industry of the Utilities sector, headquartered in Saint John's, NF, CA. The stock last traded at $8.50, giving a market capitalisation of $262.5M. On trailing twelve-month figures it carries a trailing P/E of -215.19, a net margin of -40.2%. Its beta of 0.97 implies it has historically moved less than the broad market.
Altius Renewable Royalties Corp. functions as a company primarily focused on renewable energy royalties, actively acquiring and managing investments and royalty streams from renewable energy projects across North America. The firm also extends customized financial solutions specifically designed for the clean power industry. Its current asset base includes stakes in an operational portfolio of 695 megawatts (MW) from wind, hydroelectric, and solar facilities located in Texas, Kansas, and Vermont. Additionally, the company holds royalty entitlements to a significant 2,845 MW of wind energy projects that are presently in their development stages, situated in Texas, Indiana, and Illinois. Altius Renewable Royalties Corp. serves a diverse clientele within the sector, including those who develop, operate, and originate renewable power assets. Established in 2018 and headquartered in St. John's, Canada, the company operates as a subsidiary of Altius Minerals Corporation.
Altius Renewable Royalties Corp. is most often compared with the following Utilities names: