Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $0.0035 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

ram power corp (RAMPF) Key Developments

Ram Power Announces Notification Of TSX Continued Listing Review

Ram Power, Corp. announced that it has been notified by the Toronto Stock Exchange ("TSX") that it is being placed under delisting review in respect of its common shares and common share purchase warrants. The TSX has advised the Company that it is reviewing whether the Company meets the TSX's continued listing criteria in the following areas: (i) the Company's financial condition and operating results; (ii) whether the Company has adequate working capital and an appropriate capital structure; (iii) whether the Company's common shares have an appropriate trading price and minimum public float; and (iv) the fact that the Company has an interim chief executive officer (i.e. its Executive Chairman) and interim chief financial officer. The Company is being reviewed under the TSX's Remedial Review Process and has been granted an initial period of 120 days to comply with all requirements of the TSX for continued listing. If the Company is unable to demonstrate on or before May 25, 2015 that it meets the requirements for continued listing on the TSX, its securities will be delisted 30 days from such date. The Company will be working with the TSX throughout the review process to satisfy the continued listing requirements. In the event the Company is unable to continue with the listing of its securities on the TSX, other listing alternatives exist for reporting issuers in Canada.

Update On Ram Power Considering Multiple Strategic Alternatives

Ram Power, Corp. (TSX:RPG) confirming it has received a number of proposals, following the launch of a strategic review process by its Board of Directors. The Board of Ram Power formed a mergers and acquisitions committee to explore opportunities to increase operational efficiencies, strategic partnerships, asset sale opportunities and asset purchase opportunities. Ram Power said that it is working with stakeholders and potential investors to bring a transaction to conclusion.

Ram Power, Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Ram Power, Corp. reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter ended September 30, 2014, the company reported revenue of $12.9 million and a total loss and comprehensive loss of $3.6 million or $0.01 per share, compared to revenue of $11.2 million and a total loss and comprehensive loss of $13.9 million, or $0.05 per share, for third quarter 2013. The 15% increase in revenue resulted from wells offline for the drilling remediation program in 2013. Total loss and comprehensive loss for quarter ended September 30, 2014 was impacted by the non-cash depreciation and amortization expense of $6.6 million, deferred tax expense of $1.9 million, offset by unrealized foreign exchange gains on translation of the company's debentures of $2.2 million. Operating income was $2,434,869 against $835,617 a year ago. The company recognized a net loss of $16 million for the nine months ended September 30, 2014 compared to a net loss of $45.9 million for the same period in 2013, which resulted in a decreased loss of $29.9 million due to various factors, including $21 million decrease related to impairment losses on the Geysers project and $5.8 million decrease related to unrealized other gains and losses from foreign exchange and valuation of the Company's derivatives. Revenue for the nine months ended September 30, 2014 of $35.3 million was $1 million less than revenue for the same period in 2013 of $36.3 million. The drilling remediation program and turbine overhaul in 2014 contributed to the decline. For the nine months ended September 30, 2014, the Company had net operating cash inflows of $7.6 million, net investing cash inflows of $0.5 million and net financing cash outflows of $13.8 million, which combined for a net decrease in cash of $5.7 million. The company expended $6.7 million for additions to geothermal properties, principally related to San Jacinto drilling and turbine overhaul costs. Operating income was $5,015,014 against $5,406,488 a year ago. Total loss and comprehensive loss per share was $0.04 against $0.15 a year ago.

Ram Power, Corp. to Report Q3, 2014 Results on Nov 13, 2014

Ram Power, Corp. announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Nov 13, 2014

Ram Power, Corp. Announces Earnings Guidance Results for the Full Year of 2014

Ram Power, Corp. announced earnings guidance results for the full year of 2014. For the period, The company expects annual revenue for 2014 to be $47 million to $49 million, assuming average production of 50 to 52 megawatts net and company EBITDA of $31 million to $33 million.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RAMPF:US $0.00 USD 0.00

RAMPF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Alterra Power Corp C$0.33 CAD 0.00
Boralex Inc C$13.16 CAD -0.20
Etrion Corp kr3.41 SEK +0.11
Maxim Power Corp C$2.59 CAD -0.08
US Geothermal Inc $0.49 USD -0.0041
View Industry Companies
 

Industry Analysis

RAMPF

Industry Average

Valuation RAMPF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.0x
Price/Book 0.0x
Price/Cash Flow 0.3x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact RAM POWER CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.