Green Impact Partners Advances Facility Sale and Strengthens Board Amid JV Dispute

Green Impact Partners Inc ( (TSE:GIP) ) has shared an update.

Green Impact Partners Inc. announced progress on the sale of its water and recycling facilities for $53.25 million, which is expected to close by June 30, 2025. This sale will allow the company to focus on its Future Energy Park project. Additionally, the company has made changes to its Board of Directors, welcoming Ahmed Kassongo and Alex Langer, who bring significant expertise in finance and capital markets. The company is also addressing a Default Notice related to its GreenGas Colorado joint venture.

The most recent analyst rating on (TSE:GIP) stock is a Buy with a C$9.00 price target. To see the full list of analyst forecasts on Green Impact Partners Inc stock, see the TSE:GIP Stock Forecast page.

Spark’s Take on TSE:GIP Stock

According to Spark, TipRanks’ AI Analyst, TSE:GIP is a Neutral.

Green Impact Partners Inc’s overall stock score reflects significant challenges in financial performance, particularly in revenue growth and profitability. The technical analysis suggests a neutral to mildly bullish market sentiment, but the negative valuation metrics, including a negative P/E ratio and lack of dividend yield, underline concerns. The company needs to improve its financial metrics and operational efficiency to enhance its market position.

To see Spark’s full report on TSE:GIP stock, click here.

More about Green Impact Partners Inc

Green Impact Partners Inc. operates in the environmental sector, focusing on water, waste treatment, and recycling facilities. The company is involved in renewable energy projects, such as the Future Energy Park and GreenGas Colorado, and aims to deliver long-term value through sustainable practices.

Average Trading Volume: 24,201

Technical Sentiment Signal: Sell

Current Market Cap: C$77.14M

For an in-depth examination of GIP stock, go to TipRanks’ Stock Analysis page.