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Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

Industrials
Hammond Power Solutions Inc. is a Canada-based company, which enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. The Company's standard and custom-designed products are essential in electrical distribution networks through an extensive range of end user applications. The Company has manufacturing plants in Canada, the United States, Mexico and India and sells its products around the globe. Its products include power transformers, furnace transformers, converter transformers, regulating transformers, multi-pulse transformers, distribution transformers, pad mounted transformers and unitized substations. Its converter transformers are used in industries such as cement and steel plants, and other related applications. It serves various industries, including renewable energy, commercial infrastructure and industrial markets. It offers a variety of transformer and reactor solutions for the solar and wind energy market.


TSX:HPS.A - Post by User

Hammond Power Solutions Inc
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Post by retiredcfon Jun 26, 2023 8:46am
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Post# 35514211

Ink Research

Ink Research

As we wrote in the INK June Top 30 Energy Report published today, insiders remain positioned for brighter days ahead in the oil patch. Stronger commodity prices would certainly help the INK Canadian Insider (CIN) Index. Dragged down by exposure to both energy and precious metals stocks, the INK CIN Index dropped 3.92% over the past week, leaving it down 2.43% year-to-date. The Index leaders over the past week were Hammond Power Solutions (Sunny; HPS), up 6.1%, ARC Resources (Sunny; ARX), up 3.6%, and West Fraser Timber (Sunny; WFG), up 2.0%. The laggards were Spartan Delta (Cloudy; SDE), down 68.9% (following corporate actions), IAMGold (Mostly Sunny; IMG), down 12.8%, and Frontera Energy (Sunny; FEC), down 12.7%.

 


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