Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Charbone Hydrogen Corporation ( (TSE:CH) ) has issued an announcement.
Charbone Hydrogen Corporation has announced a temporary service disruption at its Wolf River hydropower plant due to an equipment failure. While the company addresses this issue, it remains committed to selling its hydroelectric assets to gather resources for expanding its green hydrogen production portfolio. This strategic shift is part of Charbone’s long-term plan to enhance its position in the green hydrogen industry by focusing on the construction of its Sorel-Tracy facility and deployment of additional hydrogen plants.
More about Charbone Hydrogen Corporation
Charbone Hydrogen Corporation is North America’s only publicly traded company focused exclusively on green hydrogen production. The company is transitioning from its legacy hydropower assets, like the Wolf River hydropower plant, to concentrate on developing green hydrogen production facilities across North America.
YTD Price Performance: -18.75%
Average Trading Volume: 468,954
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$8.41M
Find detailed analytics on CH stock on TipRanks’ Stock Analysis page.
