Polaris Renewable Energy (TSE:PIF) Director Marc Murnaghan Acquires 2,000 Shares

Posted by Dante Gardener on Sep 16th, 2026

Polaris Renewable Energy Inc. (TSE:PIF – Get Free Report) Director Marc Murnaghan acquired 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The shares were acquired at an average cost of C$14.05 per share, for a total transaction of C$28,100.00. Following the purchase, the director directly owned 4,000 shares in the company, valued at C$56,200. This trade represents a 100.00% increase in their position.

Polaris Renewable Energy Stock Performance

PIF stock opened at C$13.89 on Wednesday. Polaris Renewable Energy Inc. has a 1-year low of C$11.55 and a 1-year high of C$16.08. The company has a current ratio of 4.75, a quick ratio of 1.64 and a debt-to-equity ratio of 93.21. The firm has a market cap of C$290.23 million, a PE ratio of 73.11, a P/E/G ratio of 3.28 and a beta of 0.56. The business’s 50-day moving average price is C$15.00 and its two-hundred day moving average price is C$13.78.

Polaris Renewable Energy (TSE:PIF – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported C($0.06) earnings per share (EPS) for the quarter. Polaris Renewable Energy had a net margin of 5.34% and a return on equity of 1.73%. The business had revenue of C$28.32 million during the quarter. As a group, research analysts forecast that Polaris Renewable Energy Inc. will post 0.6481187 earnings per share for the current year.

Polaris Renewable Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 21st. Stockholders of record on Friday, August 21st were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Monday, August 10th. Polaris Renewable Energy’s dividend payout ratio is 315.79%.

Polaris Renewable Energy Company Profile

(Get Free Report)

Polaris Renewable Energy Inc is a Canadian publicly traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America & the Caribbean. We are a high-performing and financially sound contributor to the energy transition. The Company’s operations include a geothermal plant (82 MW), four run-of river hydroelectric plants (39 MW), three solar (photovoltaic) projects (35 MW) and an onshore wind farm (26 MW).