The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
ETX: Q2 Capacity Ramp Ahead of Forecast
|
MARVIN WOLFF, Paradigm Capital Inc.
(08/17/2010)
"Etrion reported Q2 revenues of $127K and a loss of $0.03/sh, in line with expectations. The company's strong management team is showing it can execute its aggressive growth plan giving us confidence in our robust forecast. Buy at Current Price for Attractive Return: 1-Year Target Price $1.85. We recommend the shares of Etrion as a Buy with a 1-year share price target of $1.85. However, we see Etrion as a growth vehicle in the European solar power-provider space and can envisage growth in 2012 to 140MW, which would imply an EBITDA of $96.3M (Q4 run-rate basis) and a 2-year share price target of $2.45. With more than 100MW of permits in hand at that time, we do not expect the growth in revenues and profits to stop in 2012. Also, the strong cash-flow generation of the company will allow quick debt repayment and, thus, more growth capacity and EBITDA and EPS expansion." |
PRINT THIS PAGE
EMAIL THIS PAGE
Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
"EFR is well positioned to benefit from higher uranium prices." (12/22/15) Energy Fuels Inc. - The Energy Report Interview with Rob Chang More >
"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >