Boralex Inc T.BLX

Alternate Symbol(s): BRLXF

Utilities Utilities - Independent Power Producers

Boralex Inc. is a Canada-based renewable energy company. The Company is primarily engaged in the development, construction and operation of renewable energy power facilities. It operates in the production of three types of renewable energy: wind, solar and hydroelectric power, as well as storage, representing an asset base with an installed capacity totaling 3,051 megawatts (MW). It also provides onshore wind power, and it also has facilities in the United States and development projects in the United Kingdom. It is developing a portfolio of over 6.2 GW in wind, solar and storage projects. It holds interests in 50 facilities in North America and 77 facilities in Europe. In addition, the Company has projects under construction or ready-to-build, representing an additional 317 megawatts (MW) of power and a portfolio of secured projects amounting to 654 MW. In addition, the Company acquired a 50% interest in five wind farms in the United States with a total installed capacity of 894 MW.

TSX:BLX - Post by User

Boralex Inc > Overbought

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Comment by Vega1357on Jul 19, 2020 1:09pm

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Post# 31287701

RE:RE:Overbought

denlep wrote: Is there something we don't know? Already overbought and an 11% jump in two days. Nothing we know justify this. I'm still holding my share but look to sell 50% because I think it is way overbought unless ther is a big news coming we don't know

The reason that BLX jumped in price late last week is because Scotiabank increased their target price for the stock to $35.50.

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This junior mining stock offers billions in market exposure