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Anaergia ( (TSE:ANRG) ) has issued an announcement.
Anaergia Technologies has signed a contract with PepsiCo Mexico Foods to provide an integrated waste-to-energy solution at a food production facility in Mexico. This project, Anaergia’s first in Mexico, will convert 50,000 tons of organic residuals into carbon-negative biomethane annually, reducing greenhouse gas emissions by up to 4,000 tons of CO2 per year. The initiative underscores Anaergia’s expanding global footprint and commitment to sustainable practices, while also enhancing PepsiCo’s environmental sustainability efforts.
The most recent analyst rating on (TSE:ANRG) stock is a Hold with a C$2.50 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.
Anaergia’s overall stock score is driven by substantial financial challenges, including high leverage and cash flow issues, which weigh heavily on its financial performance score. However, positive earnings call outcomes and strategic corporate events provide a counterbalance, indicating potential for future improvement. Technical analysis and valuation present mixed signals, contributing to a moderate overall score.
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 300 patents dedicated to converting organic waste into sustainable solutions such as RNG, fertilizer, and water. The company is committed to addressing greenhouse gas emissions through cost-effective processes and offers an integrated portfolio of end-to-end solutions, including solid waste processing, wastewater treatment, organics recovery, high-efficiency anaerobic digestion, and biomethane production.
Average Trading Volume: 179,810
Technical Sentiment Signal: Buy
Current Market Cap: C$402.5M
Find detailed analytics on ANRG stock on TipRanks’ Stock Analysis page.