Polaris Renewable Energy (TSE:PIF) Sets New 52-Week High – What’s Next?

Posted by Brian Himes on Jul 26th, 2026

Polaris Renewable Energy Inc. (TSE:PIF – Get Free Report) hit a new 52-week high on Friday . The stock traded as high as C$15.76 and last traded at C$15.94, with a volume of 89520 shares traded. The stock had previously closed at C$15.46.

Polaris Renewable Energy Stock Performance

The firm has a market capitalization of C$329.21 million, a PE ratio of 47.73, a P/E/G ratio of 3.28 and a beta of 0.54. The business has a 50-day simple moving average of C$14.47 and a 200-day simple moving average of C$13.13. The company has a debt-to-equity ratio of 91.92, a current ratio of 4.90 and a quick ratio of 1.64.

Polaris Renewable Energy (TSE:PIF – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported C($0.04) EPS for the quarter. The company had revenue of C$27.48 million during the quarter. Polaris Renewable Energy had a return on equity of 2.96% and a net margin of 9.00%. Equities research analysts expect that Polaris Renewable Energy Inc. will post 0.6481187 earnings per share for the current fiscal year.

Polaris Renewable Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 22nd were given a $0.15 dividend. The ex-dividend date was Thursday, May 14th. This represents a $0.60 dividend on an annualized basis and a yield of 3.8%. Polaris Renewable Energy’s dividend payout ratio (DPR) is currently 181.82%.

Insider Buying and Selling

In other Polaris Renewable Energy news, Director Marc Murnaghan sold 20,000 shares of Polaris Renewable Energy stock in a transaction on Thursday, May 14th. The shares were sold at an average price of C$12.56, for a total transaction of C$251,200.00. Following the completion of the transaction, the director directly owned 488,501 shares of the company’s stock, valued at C$6,135,572.56. The trade was a 3.93% decrease in their ownership of the stock. Insiders have acquired 25,000 shares of company stock worth $318,100 over the last ninety days. 2.94% of the stock is owned by insiders.

Polaris Renewable Energy Company Profile

(Get Free Report)

Polaris Renewable Energy Inc is a Canadian publicly traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America & the Caribbean. We are a high-performing and financially sound contributor to the energy transition. The Company’s operations include a geothermal plant (82 MW), four run-of river hydroelectric plants (39 MW), three solar (photovoltaic) projects (35 MW) and an onshore wind farm (26 MW).