Pinnacle Renewable Energy Stock

Pinnacle Renewable Energy Market capitalization 2024

Pinnacle Renewable Energy Market capitalization

376.96 M CAD

Ticker

PL.TO

ISIN

CA72349J1075

WKN

A2PBJ2

In 2024, Pinnacle Renewable Energy's market cap stood at 376.96 M CAD, a 70.69% increase from the 220.84 M CAD market cap in the previous year.

The Pinnacle Renewable Energy Market capitalization history

YEARMarket Capitalization (undefined CAD)
2020228.33
2019335.84
2018472.51
2017-
2016-
2015-
2014-

Pinnacle Renewable Energy Aktienanalyse

What does Pinnacle Renewable Energy do?

Pinnacle Renewable Energy Inc. is a Canadian company specializing in the production of high-quality and renewable fuels for the biomass industry. The company was founded in 1989 and is headquartered in British Columbia. Pinnacle is a leading producer of pellets in North America. The company is committed to responsible production, environmentally friendly technologies, and holds a leadership role in global markets. Pinnacle Renewable Energy's business model is to offer sustainable products derived from waste materials and renewable resources. This allows for the conservation of natural resources while providing an environmentally friendly alternative to conventional fuels. Pelletization is a sustainable process that minimizes waste in the production process and ensures minimal emissions. The company therefore works closely with the government to operate in line with environmental and sustainability regulations. Pinnacle Renewable Energy Inc. operates in three different areas: production, distribution, and trade. In the production sector, Pinnacle operates 11 production facilities in Canada and the USA, producing high-quality pellets from sawdust and other wood waste. The pellets are produced for industrial use, retail, and export. Pinnacle's distribution sector serves the North American market, providing professional logistics preparation and delivery of products. Through the use of a sophisticated and efficient logistics system, the high quality of the products can be protected. Pinnacle Renewable Energy's trade sector is responsible for exporting products to Europe and Asia. The company works with international partners to tailor and offer products to each respective market. Pinnacle supplies a variety of products used for industrial and commercial purposes. These include pellets for heat and energy generation, as well as wood chips for paper production and private use. These products are environmentally friendly, durable, and provide excellent energy efficiency. Pinnacle's products offer an effective solution for sustainable energy supply in building heating, industrial, and commercial buildings, making a significant contribution to reducing CO2 emissions in the atmosphere. In summary, Pinnacle Renewable Energy Inc. is a leading company in the production of pellets and renewable fuels. The company operates responsibly and upholds the highest quality and environmental standards. With their commitment to sustainable energy generation, Pinnacle Renewable Energy contributes significantly to reducing CO2 emissions and transitioning to renewable energy sources. The company has become an important player on the path to a sustainable future. Pinnacle Renewable Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Pinnacle Renewable Energy's Market Capitalization

Pinnacle Renewable Energy's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Pinnacle Renewable Energy's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Pinnacle Renewable Energy's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Pinnacle Renewable Energy’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Pinnacle Renewable Energy stock

What is the current Pinnacle Renewable Energy market capitalization?

The current market capitalization of Pinnacle Renewable Energy is 376.96 M CAD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Pinnacle Renewable Energy.

How has the market capitalization of Pinnacle Renewable Energy developed in recent years?

The market capitalization of Pinnacle Renewable Energy has increased/decreased by 70.69% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Pinnacle Renewable Energy?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Pinnacle Renewable Energy?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Pinnacle Renewable Energy have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Pinnacle Renewable Energy pay?

Over the past 12 months, Pinnacle Renewable Energy paid a dividend of 0.26 CAD . This corresponds to a dividend yield of about 2.32 %. For the coming 12 months, Pinnacle Renewable Energy is expected to pay a dividend of 0 CAD.

What is the dividend yield of Pinnacle Renewable Energy?

The current dividend yield of Pinnacle Renewable Energy is 2.32 %.

When does Pinnacle Renewable Energy pay dividends?

Pinnacle Renewable Energy pays a quarterly dividend. This is distributed in the months of April, June, September, December.

How secure is the dividend of Pinnacle Renewable Energy?

Pinnacle Renewable Energy paid dividends every year for the past 1 years.

What is the dividend of Pinnacle Renewable Energy?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Pinnacle Renewable Energy located?

Pinnacle Renewable Energy is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Pinnacle Renewable Energy kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Pinnacle Renewable Energy from 12/3/2020 amounting to 0.038 CAD, you needed to have the stock in your portfolio before the ex-date on 11/19/2020.

When did Pinnacle Renewable Energy pay the last dividend?

The last dividend was paid out on 12/3/2020.

What was the dividend of Pinnacle Renewable Energy in the year 2023?

In the year 2023, Pinnacle Renewable Energy distributed 0 CAD as dividends.

In which currency does Pinnacle Renewable Energy pay out the dividend?

The dividends of Pinnacle Renewable Energy are distributed in CAD.

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Andere Kennzahlen von Pinnacle Renewable Energy

Our stock analysis for Pinnacle Renewable Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Pinnacle Renewable Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.