Journey Energy (OTC) (TSE:JOY) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Journey Energy Inc. reported a profitable year with $15.8 million in net income and a strong adjusted funds flow of $66.1 million for 2023. The company made significant strides in its power generation business, generating over 24,000 MWH of electricity and initiating construction of a new facility. Additionally, Journey secured $20.1 million through a flow-through share financing and announced a $38 million convertible debenture financing to further bolster its financial position and fund upcoming projects.
For further insights into TSE:JOY stock, check out TipRanks’ Stock Analysis page.
