Innergex Renewable Energy Inc. (INGXF) Stock

About Innergex Renewable Energy Inc.

Innergex Renewable Energy Inc. operates as an independent producer of clean energy, extending its reach across Canada, the United States, France, and Chile. The company is actively involved in the acquisition, ownership, development, and management of various renewable assets, including hydroelectric power stations, wind farms, solar energy facilities, and solutions for energy storage. Its business activities are structured into three main divisions: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation. As of February 23, 2022, Innergex managed a portfolio of 80 operational sites, boasting a net installed capacity of 3,101 megawatts. This comprehensive collection included 40 hydroelectric plants, 32 wind farms, and 8 solar farms. Beyond its current operations, the company also holds interests in numerous prospective and ongoing development projects at various stages. Innergex Renewable Energy Inc. was established in 1990 and is headquartered in Longueuil, Canada.

Innergex Renewable Energy Inc. is headquartered in CA.

Innergex Renewable Energy Inc. (INGXF) stock trades at $10.11 with a market capitalization of $2.04B. The stock is valued at a price-to-earnings (P/E) ratio of 271.01, price-to-book of 2.47, price-to-sales of 2.91. Over the past 52 weeks the stock has ranged between $4.81 and $10.17, and currently trades at its 52-week high. It pays a dividend yielding 2.57%.

On profitability, Innergex Renewable Energy Inc. generates a return on equity (ROE) of 1.44%, return on capital employed of 3.21%, an operating margin of 28.72%, a net profit margin of 1.67%.

Official website: www.innergex.com