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Green Impact Partners Inc ( (TSE:GIP) ) just unveiled an update.
Green Impact Partners Inc. has announced a corporate update involving the renegotiation of terms for the sale of its water, waste treatment, and recycling facilities, allowing the company to assume control of a former purchaser’s asset. This move is expected to enhance the company’s EBITDA by $3-5 million. Additionally, GIP has secured a senior secured debenture financing to address corporate debt and provide working capital. The company is also progressing with the Future Energy Park project, which is positioned as a leading biofuels development in North America, and has resolved disputes in its Colorado joint venture, gaining exclusive management control.
The most recent analyst rating on (TSE:GIP) stock is a Hold with a C$5.00 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.
The overall stock score of 50 reflects significant challenges in financial performance, with declining revenues and negative profitability metrics. Technical analysis indicates a bearish trend with no strong momentum. Valuation is weak due to a negative P/E ratio and lack of dividend yield. These factors collectively suggest a need for strategic improvements to enhance financial health and investor appeal.
To see Spark’s full report on TSE:GIP stock, click here.
More about Green Impact Partners Inc
Green Impact Partners Inc. is a company dedicated to creating a sustainable future by converting waste into energy. The company focuses on renewable natural gas and bioenergy projects, aiming to acquire, develop, construct, and operate facilities that contribute to energy production, waste reduction, and emission lowering. GIP’s operations span the entire project life cycle and include a portfolio of water and solids treatment and recycling facilities in Canada, as well as a solids recycling business in the United States.
Average Trading Volume: 14,228
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$66.87M
See more data about GIP stock on TipRanks’ Stock Analysis page.