SusGlobal Energy Corp. Price & Performance (SNRG)

SusGlobal Energy Corp. reported a sharp drop in revenue and a net loss of nearly $7.9 million for 2024, citing the shutdown of its Belleville facility as a major factor. The company continues to struggle with compliance costs, impaired assets, and rising debt, raising concerns about its financial sustainability.12

SusGlobal Energy Corp.'s stock price surged 7.88% on Friday but remains down over 15% in the last ten days. High daily fluctuations and mixed technical signals suggest continued volatility. Despite recent gains, analysts recommend a hold or accumulate stance as the company faces significant operational and financial risks.32

SusGlobal has signed a service agreement to restore its Belleville facility, aiming to resume operations and generate new revenue, including carbon credits. However, urgent property sales and mounting debts, including overdue mortgages and legal judgments, threaten the company’s ability to remain solvent without swift financial improvements.45