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flag TransAlta shares fell 15.3% to C$20.17 on Thursday amid heavy trading, though analysts still rate it a "Buy."

flag TransAlta (TSE:TA) shares dropped 15.3% on Thursday, closing at C$20.17 amid higher-than-average trading volume. flag The decline followed a previous close of C$23.80, with the stock reaching a low of C$19.13. flag Despite the drop, analysts maintain a "Buy" consensus rating with a target price of C$22.89. flag The Calgary-based power producer operates in Canada, the U.S., and Australia, generating revenue from electricity, capacity, and environmental attributes. flag Financial metrics include a market cap of C$6.45 billion, a negative P/E ratio of -40.31, and a debt-to-equity ratio of 229.66. flag The cause of the stock’s decline was not disclosed.

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