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The latest announcement is out from EverGen Infrastructure Corp. ( (TSE:EVGN) ).
EverGen Infrastructure Corp. has appointed Maria O’Sullivan as Interim Chief Financial Officer, succeeding Sean Hennessy. O’Sullivan, a seasoned Chartered Accountant with extensive experience in the energy and infrastructure sectors, is expected to bring strong financial acumen and continuity to the role, supporting EverGen’s strategy to scale its renewable energy platform across Canada.
The most recent analyst rating on (TSE:EVGN) stock is a Hold with a C$3.00 price target. To see the full list of analyst forecasts on EverGen Infrastructure Corp. stock, see the TSE:EVGN Stock Forecast page.
Spark’s Take on TSE:EVGN Stock
According to Spark, TipRanks’ AI Analyst, TSE:EVGN is a Neutral.
EverGen Infrastructure Corp. shows potential for growth with improvements in revenue and cash flow, and strategic corporate changes. However, challenges with profitability, leverage, and valuation pose significant risks. The positive earnings call and corporate events provide a boost, but financial stability remains a concern.
To see Spark’s full report on TSE:EVGN stock, click here.
More about EverGen Infrastructure Corp.
EverGen Infrastructure Corp. is a Canadian renewable energy company focused on combating climate change by developing and operating renewable natural gas and waste-to-energy projects. Headquartered on the West Coast of Canada, EverGen is an independent producer with a portfolio aimed at sustainable growth within Canada and potentially expanding to other regions in North America.
Average Trading Volume: 17,187
Technical Sentiment Signal: Sell
Current Market Cap: C$11.2M
For detailed information about EVGN stock, go to TipRanks’ Stock Analysis page.