Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Alaris Royalty ( ($TSE:AD.UN) ) has provided an update.
Alaris Equity Partners has announced the filing of a final short form prospectus for a $100 million offering of 6.25% convertible unsecured senior debentures, with an option for underwriters to purchase an additional $15 million. This move is part of Alaris’s strategy to strengthen its financial position and provide stable returns to its investors. The closing of the offering is expected on December 17, 2025, subject to customary conditions, and marks a significant step in Alaris’s ongoing efforts to enhance its market presence and investment capabilities.
The most recent analyst rating on ($TSE:AD.UN) stock is a Buy with a C$27.00 price target. To see the full list of analyst forecasts on Alaris Royalty stock, see the TSE:AD.UN Stock Forecast page.
Spark’s Take on TSE:AD.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:AD.UN is a Outperform.
Alaris Royalty’s strong financial performance, characterized by robust profitability and a healthy balance sheet, is a key strength. The stock appears undervalued with a high dividend yield, appealing to income investors. Despite limited technical momentum, recent strategic investments and consistent distributions bolster confidence in future growth. Overall, the stock presents a stable investment opportunity with potential upside from strategic initiatives.
To see Spark’s full report on TSE:AD.UN stock, click here.
More about Alaris Royalty
Alaris Equity Partners Income Trust, based in Calgary, Alberta, invests in a diversified group of private businesses primarily through structured equity. The Trust aims to deliver stable and predictable returns to its unitholders through cash distributions and capital appreciation, enhanced by common equity positions that align returns with the founders of its partner businesses.
Average Trading Volume: 74,834
Technical Sentiment Signal: Buy
Current Market Cap: C$928.5M
For a thorough assessment of AD.UN stock, go to TipRanks’ Stock Analysis page.