Polaris Renewable Energy (OTCMKTS:RAMPF) Trading 1.4% Higher – Still a Buy?

Polaris Renewable Energy Inc. (OTCMKTS:RAMPFGet Free Report) shares rose 1.4% during trading on Tuesday . The company traded as high as $9.21 and last traded at $9.21. Approximately 751 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 1,499 shares. The stock had previously closed at $9.08.

Polaris Renewable Energy Trading Up 1.4 %

The firm has a fifty day moving average of $9.09 and a 200 day moving average of $9.18.

Polaris Renewable Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 11th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.52%. The ex-dividend date of this dividend was Friday, November 8th.

About Polaris Renewable Energy

(Get Free Report)

Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.

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