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CHAR Technologies ( (TSE:YES) ) has provided an announcement.
CHAR Technologies Ltd. announced its participation in the Smallcap Discoveries Conference in Vancouver, where CEO Andrew White will present updates on the company’s Thorold Renewable Natural Gas and Biocarbon facility. The facility is on track to be operational by year-end, with Phase 1 commissioning expected in late 2025, leading to commercial biocarbon revenues in 2026. The integration of Phase 2 RNG production is planned for 2026, enhancing the company’s revenue streams and providing investors with insights into future cash flows.
The most recent analyst rating on (TSE:YES) stock is a Buy with a C$0.55 price target. To see the full list of analyst forecasts on CHAR Technologies stock, see the TSE:YES Stock Forecast page.
Spark’s Take on TSE:YES Stock
According to Spark, TipRanks’ AI Analyst, TSE:YES is a Neutral.
The overall stock score is primarily impacted by significant financial challenges, including high leverage and negative cash flows. Technical indicators suggest bearish momentum, and the valuation is unattractive due to ongoing losses and no dividend yield. These factors collectively contribute to a low overall score.
To see Spark’s full report on TSE:YES stock, click here.
More about CHAR Technologies
CHAR Technologies Ltd. is a leader in sustainable energy solutions, specializing in high temperature pyrolysis technology that processes unmerchantable wood and organic wastes to generate renewable natural gas or green hydrogen and biocarbon. This technology supports the global green energy transition by diverting waste from landfills and providing clean energy to decarbonize heavy industry.
Average Trading Volume: 58,809
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$25.79M
Learn more about YES stock on TipRanks’ Stock Analysis page.