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Rec Silicon ASA

REC.OL

Latest Trade

2.96NOK

Change

-0.10(-3.39%)

Volume

2,548,041

Today's Range

2.93

 - 

3.15

52 Week Range

2.83

 - 

8.29

As of on the Oslo Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
3.07
Open
3.15
Volume
2,548,041
3M AVG Volume
52.01
Today's High
3.15
Today's Low
2.93
52 Week High
8.29
52 Week Low
2.83
Shares Out (MIL)
305.26
Market Cap (MIL)
851.01
Forward P/E
-1.28
Dividend (Yield %)
--

Next Event

Q4 2019 REC Silicon ASA Earnings Release

Latest Developments

More

REC Silicon Q3 EBITDA Loss Narrows To $5.6 Mln

REC Silicon: Q3 2019 Trading Update

Rec Silicon ASA Reported Q2 2019 Revenues Of USD 47.0 Million

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About Rec Silicon ASA

REC Silicon ASA, formerly Renewable Energy Corp ASA (REC), is a Norway-based company active in the solar energy sector. REC Silicon ASA is engaged in production of advanced silicon materials to customers in the solar and electronics industry. It offers three types of products: solar grade polysilicon for production of solar panels; electronic grade polysilicon for semiconductor industry and green energy technologies; and silane gases for semiconductor industry, flat panel displays and thin film technologies. The Company uses three technologies: Siemens process, based on decomposition of silane and deposition of elemental silicon; Fluidized Bed Reactor (FBR) technology, aimed at production of polysilicon at lower cost; and REC Business System (RBS) to manufacture gas and liquid silicon molecules.

Industry

Semiconductors

Contact Info

Fornebuveien 84, Postboks 63

+47.67.574450

http://www.recsilicon.com/

Executive Leadership

Jens Dag Ulltveit-Moe

Chairman of the Board

Tore Torvund

President, Chief Executive Officer

James A. May

Chief Financial Officer

Kurt Levens

Senior Vice President EG Polysilicon and Silicon Gases

DeeAnna Worley

Vice President of HSE, PSM, HR (Human Resources)

Key Stats

3.75 mean rating - 4 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

0.3K

2017

0.3K

2018

0.2K

2019(E)

0.2K
EPS (USD)

2016

-0.599

2017

-1.198

2018

-1.297

2019(E)

-0.256
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.53
Price To Book (MRQ)
2.21
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
426.42
LT Debt To Equity (MRQ)
359.20
Return on Investment (TTM)
-38.63
Return on Equity (TTM)
-25.16

Latest News

Latest News

REC Silicon posts second quarter loss on China-U.S. solar trade war

A U.S.-China trade dispute sent Norway's REC Silicon <REC.OL>, a supplier to the solar industry, plunging to a quarterly loss on Thursday, but the company's shares rose after it indicated it would not need to issue new equity this year.

Solar trade row with China forces REC Silicon to cut U.S. jobs

Norway's REC Silicon <REC.OL>, a supplier of silicon materials to the solar industry, will cut around 100 U.S. jobs and take further asset impairments due to a U.S.-China trade war over solar panels, it said on Monday.

CORRECTED-UPDATE 1-Norway's REC Silicon lays off workers at U.S. plant, blaming trade war

Norway's REC Silicon, a supplier of silicon materials to the solar industry, said on Monday it would reduce nearly 40 percent of its workforce at one of its two plants in the United States, blaming the ongoing U.S.-China trade war.

CORRECTED-Norway's REC Silicon lays off nearly 40 pct of workers at US plant

Norway's REC Silicon, a supplier of silicon materials to the solar industry, said on Monday it would reduce nearly 40 percent of its workforce at one of its two plants in the United States, blaming the ongoing U.S.-China trade war.

CORRECTED-BRIEF-REC Silicon lays off nearly 40 pct of US plant workers, blames China-US solar trade war

* REC SILICON WILL EXECUTE A LAYOFF AFFECTING NEARLY 40% OF ITS CURRENT WORKFORCE IN MOSES LAKE, WASHINGTON ON JULY 2, 2018

BRIEF-Meyer Burger Technology Awarded Contract By REC Group

* REC GROUP AWARDED CONTRACT FOR DELIVERY AND INSTALLATION SMARTWIRE CONNECTION TECHNOLOGY (SWCT)

BRIEF-Shaanxi to pay REC Silicon's outstanding $161 mln capital contribution to Yulin JV

* REC SILICON PTE. LTD (REC SILICON) AND SHAANXI NON-FERROUS TIAN HONG NEW ENERGY CO. LTD. (SNF) HAVE ENTERED INTO AN AGREEMENT CONCERNING OUTSTANDING CAPITAL CONTRIBUTION FROM REC SILICON TO YULIN JV

BRIEF-Oslo Bourse cuts REC, Nanovector from OBX, adds Norwegian Finans, Questerre

* OSLO BOURSE CUTS REC SILICON AND NORDIC NANOVECTOR FROM OBX INDEX, ADDS NORWEGIAN FINANS HOLDING AND QUESTERRE

REFILE-BRIEF-REC Silicon: CEO buys 200,000 shares at NOK 1.05/shr

* Tore Torvund, president and ceo of rec silicon has bought 200,000 shares in company at nok 1.05 per share.

REC Silicon considers divestment, new equity to meet 2018 bond payment

** Solar silicon maker REC Silicon's current liquidity position is unlikely to be sufficient to meet debt maturities next year, the firm said on Monday, adding it is evaluation several alternatives, including divestment and issuing new equity

BRIEF-REC posts higher Q3 revenues abvove forecast

* rec silicon asa (rec silicon) reported q3 revenues of usd 75.5 million (Reuters poll usd 68 million), up from usd 61.4 million in previous quarter

Solar industry fears for thousands of jobs should U.S. impose import restrictions

Singapore-headquartered solar panel maker REC hopes to be exempt from potential U.S. restrictions on imports following a recent trade finding that said no significant injury to the United States had been caused by makers including those from Australia, Canada and Singapore.

BRIEF-REC Silicon CEO: will own 15 pct of Julin JV if it can't pay into it

* REC SILICON CEO TORE TORVUND SAYS HAS NO OBLIGATION TO PAY $169 MILLION INTO YULIN JV IN CHINA TO KEEP OWNERSHIP AT 49 PERCENT, IF IT DOES NOT, PAY OWNERSHIP WILL BE 15 PERCENT

BRIEF-Rec Silicon Q2 pretax loss bigger than expected due to currency

* Rec silicon q2 revenues $ 61.4 million (Reuters poll $63 million) vs $71.1 mln in Q2 2016

REC Silicon sees hope for resolving China solar dispute under Trump

A three-year-old trade row with Beijing over polysilicon used in solar panels could be resolved soon as the Trump administration looks to reduce the U.S. trade deficit with China, the chief executive of REC Silicon <REC.OL> said on Wednesday.

BRIEF-Rec Silicon Q1 EBITDA in line with forecast

* Rec silicon q1 revenues $57.5 million (Reuters poll $71.2 million) vs $68.8 million in Q1 2016

BRIEF-REC Silicon Q4 revenues beat forecasts, costs down

* Rec Silicon Q4 revenues $80.4 million (Reuters poll $75.9 million)

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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