3 Best Geothermal Stocks To Buy

2. Polaris Renewable Energy Inc. (OTC:RAMPF)

Number of Hedge Fund Holders: N/A

Polaris Renewable Energy Inc. (OTC:RAMPF) was incorporated in 1984 and is based in Toronto, Canada. The company engages in the acquisition and development of renewable energy projects in Latin America. Polaris Renewable Energy Inc. (OTC:RAMPF) operates a 72 MW net geothermal facility in Nicaragua, as well as hydroelectric facilities and solar projects. The firm’s latest quarterly dividend of $0.15 per share was paid on August 26. Polaris Renewable Energy Inc. (OTC:RAMPF) is one of the best geothermal stocks to buy. 

On September 28, National Bank analyst Rupert Merer initiated coverage of Polaris Renewable Energy Inc. (OTC:RAMPF) with an Outperform rating and a C$21 price target, calling it “a growing renewable power infrastructure platform” in Latin America.