Tidewater Renewables (TSE:LCFS) Shares Down 2.8% – Here’s What Happened

Posted by ABMN Staff on Jun 10th, 2026

Tidewater Renewables Ltd. (TSE:LCFS – Get Free Report) shares were down 2.8% during trading on Tuesday . The company traded as low as C$10.43 and last traded at C$10.59. Approximately 7,267 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 18,062 shares. The stock had previously closed at C$10.89.

Analyst Ratings Changes

Several brokerages have issued reports on LCFS. National Bank Financial raised their price objective on shares of Tidewater Renewables from C$8.00 to C$13.25 and gave the stock a “sector perform” rating in a research report on Friday, May 8th. ATB Cormark Capital Markets upped their target price on Tidewater Renewables from C$8.00 to C$12.00 and gave the company a “speculative buy” rating in a research report on Friday, May 8th. Finally, Royal Bank Of Canada increased their target price on Tidewater Renewables from C$7.50 to C$12.50 and gave the stock a “sector perform” rating in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Tidewater Renewables currently has a consensus rating of “Hold” and an average target price of C$12.58.

View Our Latest Stock Report on LCFS

Tidewater Renewables Price Performance

The company has a quick ratio of 0.10, a current ratio of 1.13 and a debt-to-equity ratio of 120.55. The company’s 50 day moving average is C$10.03 and its 200 day moving average is C$6.61. The firm has a market capitalization of C$386.79 million, a price-to-earnings ratio of 48.14 and a beta of -0.39.

Tidewater Renewables Company Profile

(Get Free Report)

Tidewater Renewables is a multi-faceted, energy transition company. The Corporation is focused on the production of low carbon fuels, including renewable diesel and sustainable aviation fuel. The Corporation was created in response to the growing demand for renewable fuels in North America and to capitalize on its potential to efficiently turn a wide variety of renewable feedstocks (such as canola oil, soybean oil, used cooking oil, distillers corn oil, tallow, and other biomasses) into low carbon fuels.