SolarBank Corporation (SUUN)

NASDAQ: SUUN · Real-Time Price · USD
2.040
-0.060 (-2.86%)
Dec 24, 2024, 1:00 PM EST - Market closed
-2.86%
Market Cap 55.36M
Revenue (ttm) 49.37M
Net Income (ttm) -3.45M
Shares Out 31.00M
EPS (ttm) -0.12
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 38,855
Open 2.091
Previous Close 2.100
Day's Range 2.000 - 2.110
52-Week Range 2.000 - 7.500
Beta n/a
Analysts Strong Buy
Price Target 6.00 (+194.12%)
Earnings Date Feb 14, 2025

About SUUN

SolarBank Corporation operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. It focuses on solar photovoltaic power generation projects, battery energy storage systems, and EV-charging projects. The company provides expertise in the areas of site origination, utility grid interconnection, permitting, financing, engineering, procurement and construction, operation and maintenance, and asset management of solar photovoltaic power plants to the renewable and clea... [Read more]

Sector Utilities
Founded 2013
Employees 15
Stock Exchange NASDAQ
Ticker Symbol SUUN
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

Analyst Forecast

According to one analyst, the rating for SUUN stock is "Strong Buy" and the 12-month stock price forecast is $6.0.

Price Target
$6.0
(194.12% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

$25.8 Million Royal Bank of Canada Project Finance Facility Secured by SolarBank

Funding will be used to develop and construct two battery energy storage projects acquired as part of the Solar Flow-Through Funds Ltd. acquisition.

9 days ago - PRNewsWire

SolarBank Announces Results of Annual General and Special Meeting

TORONTO , Dec. 13, 2024 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"), an independent renewable and clean energy project developer and o...

12 days ago - PRNewsWire

SolarBank to Participate in the Benchmark Company 13th Annual Discovery Investor Conference

TORONTO , Dec. 10, 2024 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"), an independent renewable and clean energy project developer and o...

15 days ago - PRNewsWire

SolarBank BESS Subsidiary Secures Project Financing

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated May 23, 2024 to its short form base shelf prospectus dated May 2, 2023 TORONTO ,...

4 weeks ago - PRNewsWire

RE Royalties Enters into Loan and Royalty Agreement with SolarBank Corporation for CAD $3.0 Million

All amounts in Canadian dollars unless otherwise stated. VANCOUVER, BC / ACCESSWIRE / November 27, 2024 / RE Royalties Ltd.

4 weeks ago - Accesswire

Green Stock News for November 21, 2024: $AI $HIVE $WBX $SUUN

Welcome to the green stock news brief for Thursday, November 21st. Here are today's top headlines: C3 AI (NYSE: AI) and Capgemini have expanded their partnership to accelerate the delivery of tailored...

Other symbols: AIHIVEWBX
4 weeks ago - Green Stock News

4.6-Megawatt Solar Project in Development by SolarBank in New York

Over 540 Homes Expected to be Powered by this Community Solar Project TORONTO , Nov. 21, 2024 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Compan...

4 weeks ago - PRNewsWire

SolarBank Announces First Quarter Results

108% increase in revenues to $16.0 million of revenue for the quarter compared to $7.7 million in Q1 2024 361% growth in assets to $181.0 million following Solar Flow-Through Funds Ltd. Acquisition Th...

5 weeks ago - PRNewsWire

SolarBank to Host Earnings Call this Thursday, November 14, 2024

TORONTO , Nov. 13, 2024 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") reminds investors that it intends to release its quarterly financi...

6 weeks ago - PRNewsWire

SolarBank Confirms Quarterly Financial Results Release Date and Earnings Call

TORONTO , Nov. 11, 2024 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announces that it intends to release its quarterly financial resul...

6 weeks ago - PRNewsWire

SolarBank Expands into the projected $395 Billion Data Center Market as Developer and Strategic Partner

TORONTO , Nov. 7, 2024 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN , FSE: GY2) ("SolarBank" or the "Company"), a leading provider of renewable energy solutions, announces its str...

6 weeks ago - PRNewsWire

3.1-Megawatt Solar Project in Development by SolarBank in Nova Scotia

290 Homes Expected to be Powered by this Community Solar Project TORONTO , Nov. 5, 2024 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN , FSE: GY2) ("SolarBank" or the "Company") is ...

7 weeks ago - PRNewsWire

7.2-Megawatt Solar Project in Development by SolarBank in New York

Over 850 Homes Expected to be Powered by this Community Solar Project TORONTO , Oct. 29, 2024 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Compan...

2 months ago - PRNewsWire

SolarBank Corporation Announces Participation in the LD Micro Main Event XVII

Presentation on Tuesday, October 29th at 4:00 PM PT Toronto, Ontario--(Newsfile Corp. - October 21, 2024) - SolarBank Corporation (Cboe CA: SUNN) (NASDAQ: SUUN), an independent renewable and clean ene...

2 months ago - Newsfile Corp

7-Megawatt Solar Project in Development by SolarBank in Pennsylvania

24.8 MW of Projects Expected in the Near Term 820 Homes Expected to be Powered by this Project SolarBank's First Community Solar Project in Pennsylvania TORONTO , Oct. 14, 2024 /PRNewswire/ - SolarBan...

2 months ago - PRNewsWire

3.7-Megawatt Solar Project in Development by SolarBank in New York

Over 430 Homes Expected to be Powered by this Community Solar Project TORONTO , Oct. 10, 2024 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Compan...

2 months ago - PRNewsWire

13.8-Megawatt Solar Project in Development by SolarBank in Pennsylvania

24.8 MW of Projects Expected in the Near Term 1,630 Homes Expected to be Powered by this Project SolarBank's First Community Solar Project in Pennsylvania TORONTO , Oct. 8, 2024 /PRNewswire/ - SolarBa...

2 months ago - PRNewsWire

2.9-Megawatt Solar Project in Development by SolarBank in Gainesville, New York

Community Solar Site Expected to Serve Over 340 Homes Upon Completion TORONTO, Oct. 4, 2024 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"...

2 months ago - PRNewsWire

SolarBank's First Solar Project Under Development for Fiera Real Estate Nears Completion

$7.4 billion USD in commercial real estate managed by Fiera Real Estate, SolarBank anticipates future projects 1.4-Megawatt rooftop project is being built as pilot project Construction expected to rea...

3 months ago - PRNewsWire

SolarBank Announces Fiscal Year End Results

217% increase in revenues to $58. 4  million of revenue for the fiscal year 2024 compared to $18.4 million in fiscal year 2023 This news release constitutes a "designated news release" for the purpose...

3 months ago - PRNewsWire

$1.5 Million Grant Applications to Develop Fast EV Charger Projects Submitted by SolarBank in Partnership with AI Renewable Fund and First Nation

SolarBank to be turnkey developer, asset manager and operations and maintenance provider for EV projects Strategic partnership with AI Renewable Fund to support clean transportation and further divers...

3 months ago - PRNewsWire

SolarBank to Present at Premier Growth Conference This Week - Arcstone Kingswood Growth Summit 2024

Premier growth conference for companies and investors Conference to be held in the Sheraton Centre Toronto Hotel – Dominion Ballroom, 123 Queen St W., Toronto, Canada SolarBank CEO Dr. Richard Lu to s...

3 months ago - PRNewsWire

7.00 MW Solar Project Under Development by SolarBank in Middletown, New York

Second new community solar project announced this week in addition to 5.4 MW project announced yesterday. Expected to operate as a community solar site, selling credits to subscribers.

3 months ago - PRNewsWire

5.4 MW Solar Project Under Development by SolarBank in Broome County, New York

Expected to operate as a community solar site, selling credits to subscribers. Over 640 homes expected to be provided green energy once operational.

3 months ago - PRNewsWire

SolarBank Confirms Annual Financial Results Release Date and Earnings Call

TORONTO , Sept. 20, 2024 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announces that it intends to release its annual financial results...

3 months ago - PRNewsWire