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Anaergia ( (TSE:ANRG) ) just unveiled an announcement.
Anaergia Inc. announced the results of its annual general meeting of shareholders, where all nominated directors were elected and Deloitte LLP was appointed as the auditor. The meeting saw participation from shareholders holding 76.73% of the company’s common shares, reinforcing Anaergia’s stable governance and commitment to its strategic goals in the renewable energy sector.
The most recent analyst rating on (TSE:ANRG) stock is a Hold with a C$1.30 price target. To see the full list of analyst forecasts on Anaergia stock, see the TSE:ANRG Stock Forecast page.
Spark’s Take on TSE:ANRG Stock
According to Spark, TipRanks’ AI Analyst, TSE:ANRG is a Neutral.
The overall stock score reflects Anaergia’s financial challenges, with negative margins and high leverage being significant concerns. However, positive technical indicators and strategic corporate events, including new partnerships and projects, provide some optimism. Valuation remains weak due to losses and no dividend yield.
To see Spark’s full report on TSE:ANRG stock, click here.
More about Anaergia
Anaergia is a pioneering technology company in the renewable natural gas (RNG) sector, with over 250 patents focused on converting organic waste into sustainable solutions like RNG, fertilizer, and water. The company is committed to reducing greenhouse gases through cost-effective processes and offers an integrated portfolio of solutions including solid waste processing, wastewater treatment, and biomethane production.
Average Trading Volume: 72,557
Technical Sentiment Signal: Hold
Current Market Cap: C$239.5M
Learn more about ANRG stock on TipRanks’ Stock Analysis page.