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EverGen Infrastructure Corp V.EVGN

Alternate Symbol(s):  EVGIF

EverGen Infrastructure Corp. (EverGen) is a Canada-based renewable natural gas infrastructure platform. EverGen is a renewable energy producer which acquires, develops, builds, owns and operates a portfolio of renewable natural gas, waste to energy, and related infrastructure projects. It is focused on combating climate change and helping communities contribute to a carbon-free future through its strategy to develop a renewable natural gas infrastructure platform, starting on the West Coast of Canada in British Columbia and other regions of North America. It owns and operates three organic waste conversion facilities in British Columbia, which process inbound organics, yard waste and biosolids for a contracted tipping fee and produces organic compost and soils for farmers, gardeners and developers. It also operates two operating biogas production facilities. Its subsidiaries include Net Zero Waste Abbotsford Inc., Sea to Sky Soils and Composting Inc. and Fraser Valley Biogas Ltd.


TSXV:EVGN - Post by User

Comment by BarstoolSageon Apr 29, 2022 10:25am
65 Views
Post# 34642136

RE:RE:Better Targets

RE:RE:Better TargetsJust added here to avg down...something I rarely do with my specs....but now in at 4.20 which I like better.

Unlikely to add more ...at least for the time being


BCdude wrote: Thanks for these reports, Retiredcf. Is there a place the entire reports can be downloaded?

retiredcf wrote:

Desjardins Securities analyst Brent Stadler cut his target for Vancouver-based EverGen Infrastructure Corp.  to $8 from $10.50 with a “buy” rating. Others making changes include: Echelon Capital’s Michael Mueller to $10 from $11.25 with a “speculative buy” rating and RBC’s Nelson Ng to $6 from $7 with an “outperform” rating. The average is $9.75.

“We have modelled expected expansion project delays, which reduces our 2023 estimates, and have also increased our cost of equity,” Mr. Stadler said. “As a result, we have reduced our target ... We continue to believe that the RNG space is exciting and that EVGN’s outlook is positive with a significant pipeline which could lead to explosive growth. We look forward to the update on the expansion projects expected in 2 months and additional M&A in 2022.”





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