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Sharc International Systems Inc ( (TSE:SHRC) ) has shared an update.
SHARC Energy has strengthened its board of directors with the appointments of sustainable building pioneer Kevin Hydes and capital markets specialist Shane Dungey, bolstering its governance with expertise that directly aligns with its focus on deploying wastewater-based thermal energy systems. Hydes brings decades of leadership in green building design, policy and decarbonization, while Dungey adds extensive experience in global capital markets, corporate strategy and public company governance; together, their appointments are intended to support SHARC Energy’s global scaling efforts, accelerate adoption of its Wastewater Energy Transfer technology in buildings and district energy systems, and enhance long-term growth and shareholder value creation.
The most recent analyst rating on (TSE:SHRC) stock is a Sell with a C$0.06 price target. To see the full list of analyst forecasts on Sharc International Systems Inc stock, see the TSE:SHRC Stock Forecast page.
Spark’s Take on TSE:SHRC Stock
According to Spark, TipRanks’ AI Analyst, TSE:SHRC is a Neutral.
The score is primarily weighed down by weak financial performance—persistent heavy losses, ongoing cash burn, and negative equity—despite strong recent revenue growth. Technicals also lean negative with the stock below major moving averages and a negative MACD, while valuation is constrained by unprofitable earnings and no dividend support.
To see Spark’s full report on TSE:SHRC stock, click here.
More about Sharc International Systems Inc
SHARC International Systems Inc., which trades as SHARC Energy, is a Vancouver-based clean technology company specializing in Wastewater Energy Transfer systems that recover thermal energy from wastewater to provide highly efficient heating, cooling and hot water for commercial, residential and industrial buildings, as well as district energy networks. Its products target the growing demand for low-carbon, energy-efficient solutions in the built environment across North American and international markets.
Average Trading Volume: 112,434
Technical Sentiment Signal: Sell
Current Market Cap: C$12.31M
For an in-depth examination of SHRC stock, go to TipRanks’ Overview page.