Etrion SA (TSE:ETX) reached a new 52-week low on Wednesday . The company traded as low as C$0.21 and last traded at C$0.23, with a volume of 3950 shares. The stock had previously closed at C$0.23.
Separately, National Bank Financial cut their target price on Etrion from C$0.40 to C$0.35 and set a “sector perform” rating for the company in a research report on Thursday, August 17th.
Etrion SA is a Switzerland-based independent power producer (IPP) that develops, builds, owns and operates utility-scale solar power generation plants. The Company owns 130 MW of installed solar capacity in Italy and Chile. Etrion also has 34 MW of solar projects under construction in Japan and is actively developing greenfield solar power projects in Japan and Chile.
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