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Delta Cleantech, Inc. (TSE:RGEN)
:RGEN
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Delta Cleantech (RGEN) AI Stock Analysis

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TSE:RGEN

Delta Cleantech

(RGEN)

Rating:47Neutral
Price Target:
Delta Cleantech's financial challenges weigh heavily on its overall score due to declining revenues and profitability issues. However, positive technical indicators and a strategic corporate event provide some support. The strategic sale to Scovan offers a promising avenue for future revenue, but current valuation metrics remain unattractive. The overall score reflects a cautious outlook with potential for improvement if operational efficiencies and financial metrics can be enhanced.

Delta Cleantech (RGEN) vs. iShares MSCI Canada ETF (EWC)

Delta Cleantech Business Overview & Revenue Model

Company DescriptionDelta CleanTech Inc. engages in the CO2 capture, hydrogen production, solvent and ethanol purification, methane collection and destruction, and carbon credit certification and trading businesses in Canada. It offers CO2 capture solutions for CO2 enhanced heavy oil production, coal and gas power generation, and the industrial food grade CO2 markets through LCDesign, PDOengine, and DeltaSolv technologies. The company also provides Delta Purification system that offers reclaiming amine-based solvents used in natural gas processing and CO2 capturing processes; and reclaiming glycols, such as mono-ethylene glycol and tri-ethylene glycol used for natural gas dehydration, cooling, and anti-freeze processes. In addition, it provides technology for the development of hydrogen fueling stations; and develops, verifies, and markets CO2 offset credits. The company was incorporated in 2020 and is headquartered in Calgary, Canada. Delta CleanTech Inc. is a subsidiary of HTC Purenergy Inc.
How the Company Makes MoneyDelta Cleantech, Inc. generates revenue primarily through the sale and licensing of its proprietary carbon capture technologies and systems to industrial clients seeking to comply with environmental regulations and reduce their carbon emissions. Additionally, the company offers consulting services related to the implementation and optimization of CCUS solutions, which forms another significant revenue stream. Collaborations and partnerships with governmental and private entities focused on clean energy initiatives also contribute to Delta Cleantech's earnings by facilitating the adoption of its technologies in large-scale projects.

Delta Cleantech Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
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Operating Cash Flow
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Delta Cleantech Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.03
Negative
100DMA
0.03
Negative
200DMA
0.03
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
39.49
Neutral
STOCH
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RGEN, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 39.49 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:RGEN.

Delta Cleantech Peers Comparison

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
C$14.91M-6.67%-32.69%94.36%
61
Neutral
C$12.67M-9.94%1.06%56.94%
58
Neutral
HK$13.63B5.50-2.78%5.72%2.29%-57.50%
47
Neutral
C$1.73M
-71.89%12.69%
47
Neutral
C$4.79M-143.77%-67.62%-493.75%
44
Neutral
C$13.03M-539.37%46.73%6.56%
43
Neutral
C$4.49M23.34%-47.05%-261.26%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:RGEN
Delta Cleantech
0.02
-0.03
-60.00%
TSE:DST
Dundee Sustainable Technologies
0.07
-0.03
-30.00%
TSE:WATR
Current Water Technologies Inc
0.02
>-0.01
-33.33%
TSE:SHRC
Sharc International Systems Inc
0.08
-0.08
-50.00%
TSE:QST
Questor Technology
0.46
-0.10
-17.86%
TSE:GRN
Greenlane Renewables Inc
0.14
0.05
55.56%

Delta Cleantech Corporate Events

M&A TransactionsBusiness Operations and Strategy
Delta CleanTech Sells Emissions Reduction Divisions to Scovan
Positive
Jan 25, 2025

Delta CleanTech Inc. has announced an asset sale agreement with Scovan Inc. to sell its emissions reduction divisions, including CO2 capture assets, for up to $1,050,000 and project royalties of up to $15,300,000 over seven years. This strategic move allows Delta to benefit from ongoing royalty revenue and enhance Scovan’s position in the carbon capture market. The transaction signifies a new chapter for carbon capture advancement in Western Canada, with Scovan leveraging Delta’s expertise to provide enhanced value to clients.

Delta CleanTech and NRC Unveil CO2 Capture Study
Nov 7, 2024

Delta CleanTech Inc., in collaboration with Canada’s National Research Council, has successfully completed a study on CO2 capture corrosion, highlighting the durability of their formulated solvents. The findings suggest that using AISI 304L stainless steel in these systems can minimize material degradation, ensuring long-term efficiency and reduced costs for carbon capture plants.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 30, 2025