|Bid||0.9700 x 0|
|Ask||0.9800 x 0|
|Day's Range||0.9600 - 0.9800|
|52 Week Range||0.5000 - 6.8500|
|Beta (5Y Monthly)||1.73|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jun. 11, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.43|
Now is the time to buy high-upside TFSA stocks like Maxar Technologies (TSX:MAXR)(NYSE:MAXR) and Hexo Corp. (TSX:HEXO)(NYSE:HEXO).The post 2 TFSA Stocks to Buy Right Now appeared first on The Motley Fool Canada.
Investing in volatile small-cap stocks is not for the weak of heart, but they also provide tremendous opportunities for growth. Here's why you can look to invest in companies such as Hexo (TSX:HEXO)(NYSE:HEXO) to create long-term wealth. The post 3 Small-Cap TSX Stocks Under $1 That Are Ripe for a Turnaround appeared first on The Motley Fool Canada.
HEXO Corp. (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced the final closing of its previously announced early conversion option (the “Early Conversion Option”) in respect of $29.86 million aggregate principal amount of its outstanding $70 million aggregate principal amount of 8% unsecured convertible debentures maturing December 5, 2022 (the “Debentures”). Under the final closing, $6,265,000 aggregate principal amount of Debentures was converted into 7,831,250 units of the Company (the “Conversion Units”) at a price of $0.80 per Conversion Unit.
Industry insiders say the math behind the current policy favours higher-potency drinks while restricting sales of mellower products.
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,564.75, up 47.85 points.)Hexo Corp. (TSX:HEXO). Health care. Up seven cents, or 7.07 per cent, to $1.06 on 9.3 million shares.Manulife Financial Corp. (TSX:MFC). Financials. Up 18 cents, or 0.97 per cent, to $18.72 on 8.5 million shares. Baytex Energy Corp. (TSX:BTE). Energy. Up three cents, or 4.76 per cent, to 66 cents on 8.3 million shares.Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 65 cents, or 2.77 per cent, to $24.14 on 8.3 million shares.Zenabis Global Inc. (TSX:ZENA). Health care. Unchanged at nine cents on 7.2 million shares.Bonavista Energy Corp. (TSX:BNP). Energy. Down one cent, or 12.5 per cent, to seven cents on 7 million shares.Companies in the news:Aurora Cannabis Inc. (TSX:ACB). Down 15 cents to $18.40. Aurora Cannabis Inc. is making its second round of significant cuts this year as it continues with a restructuring plan meant to address profitability struggles. The Edmonton-based cannabis company announced Tuesday that it will reduce its selling, general and administrative workforce by about 700 — 25 per cent immediately and another 30 per cent of production staff will be laid off over the next two quarters. On top of layoffs, Aurora has also decided to cease some operations at five facilities over the next two quarters.Capital Power Corp. (TSX:CPX). Up 30 cents or 1.1 per cent to $28.30. Capital Power Corp. says a $92-million expansion of its Whitla Wind power facility in southern Alberta will make it the largest in the province. The Edmonton-based company says it will add 54 megawatts of capacity by late 2021 through the third phase of the project, taking it to 353 MW. Subject to regulatory approvals, the third phase is to be constructed concurrently with the 97-MW second phase announced in December, shortly after the 202-MW initial phase was placed in service. Alberta ranks third in Canada with an installed wind energy capacity of almost 1,700 MW, according to the Canadian Wind Energy Association.This report by The Canadian Press was first published June 22, 2020.The Canadian Press
CALGARY, AB , June 22, 2020 /CNW/ - Inner Spirit Holdings Ltd. ("Inner Spirit" or the "Company") (ISH.CN), a Canadian company that has established a national network of Spiritleaf retail cannabis stores, today announced further expansion of the Spiritleaf brand into Ontario with store openings in Guelph and in Ottawa , the nation's capital, and into Newfoundland and Labrador with a store opening in St. John's . The St. John's store marks the 50th store in Canada , making the Spiritleaf brand the largest in the country by store count. Additional store openings expected in the Toronto market this week include Don Mills on June 24 , Little Italy on June 25 and Bloor West Village on June 27 .
If you'd invested $500 in Hexo Corp. (TSX:HEXO)(NYSE:HEXO) stock at the start of this year, it would be worth under $250 today. The post $500 in Hexo (TSX:HEXO) Stock at the Start of 2020 Is Worth This Much Now! appeared first on The Motley Fool Canada.
Hexo Corp (TSX:HEXO)(NYSE:HEXO) is one of the hottest pot stocks on the market. In recent weeks, shares have more than doubled in value.The post Pot Stock Alert: This Company Just Spiked 146% appeared first on The Motley Fool Canada.
OTTAWA — Hexo Corp. says it has sold its facility in Niagara Falls, Ont., for $10.25 million to an undisclosed buyer.The cannabis company announced in March plans to list the facility after reviewing its cultivation assets.Hexo determined that it no longer expected to restart operations, which it halted in November 2019, due to an excess of cultivation capacity in the market, forecasted demand for cannabis products and expected market development.The sale of the Niagara facility included land and greenhouse facilities, as well as certain equipment.The company says it expects to use the proceeds to fund additional expansion of its Belleville, Ont., facility and for working capital and other general corporate purposes.Hexo's shares lost 15 cents or 11.9 per cent to $1.11 in Wednesday trading on the Toronto Stock Exchange.This report by The Canadian Press was first published June 17, 2020.Companies in this story: (TSX:HEXO)The Canadian Press
HEXO Corp. (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced that it completed the previously disclosed sale of its Niagara, Ontario facility for proceeds of approximately $10.25 million on June 15, 2020. The Company had determined to market the facility for sale following a strategic review by the Company of its cultivation assets in March 2020, in which it determined it no longer expected to re-commence operations at the Niagara facility due to an excess of cultivation capacity in the market and estimated forecast demand for cannabis products, as result of slower than expected market development. The sale of the Niagara facility included land and greenhouse facilities, as well as certain equipment.
CALGARY, AB, June 17, 2020 /CNW/ - Inner Spirit Holdings Ltd. ("Inner Spirit" or the "Company") (CSE:ISH.CN - News), a Canadian company that has established a national network of Spiritleaf retail cannabis stores, today announced it has filed its interim Financial Statements (the "Financial Statements") and corresponding Management's Discussion and Analysis (the "MD&A") for the quarter ended March 31, 2020. The Financial Statements and MD&A are available for review on the Company's SEDAR profile at www.sedar.com and the Company's website at www.innerspiritholdings.com.
Hexo stock could perform exceptionally well in the coming quarters, and here’s why.The post Why You Should Start Loving Hexo (TSX:HEXO) Stock appeared first on The Motley Fool Canada.
HEXO Corp. (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced that it has established an at-the-market equity program (the “ATM Program”) that allows the Company to issue up to C$34,500,000 (or its U.S. dollar equivalent) of common shares (the “Common Shares”) from treasury to the public from time to time, at the Company’s discretion. Any Common Shares sold through the ATM Program will be sold through the Toronto Stock Exchange (the “TSX”), the New York Stock Exchange (the “NYSE”) or any other marketplace on which the Common Shares are listed, quoted or otherwise traded, at the prevailing market price at the time of sale.
Will Hexo (TSX:HEXO) stock outperform markets in the second half of 2020?The post Hexo (TSX:HEXO) Stock: Will This Pot Stock Surge Higher Post Earnings? appeared first on The Motley Fool Canada.
HEXO's stock price may continue to recover in the near term, but dilution risks remain significant for long term investors.The post Is HEXO Stock a Buy Post Q3 Earnings? appeared first on The Motley Fool Canada.
Recently, shares of companies in severe financial distress — including Chapter 11 bankruptcy — have been very popular for day traders, a sign that has many concerned.
HEXO (TSX:HEXO)(NYSE:HEXO) and Neptune Wellness Solutions (TSX:NEPT)(NASDAQ:NEPT) reported earnings this week. The pot stocks have been making strong progress in improving production efficiency, profitability, and market share. From the earnings conference calls, shareholders in these marijuana enterprises learned about how well company management is meeting crucial performance goals. Here are the top three takeaways from […]The post Pot Stock Earnings: 3 Takeaways This Week appeared first on The Motley Fool Canada.
HEXO stock and others like it have been beaten down. The company could surge upward or be an acquisition target as the market consolidates. The post Is HEXO Stock (TSX:HEXO) on the Verge of a Historic Boom? appeared first on The Motley Fool Canada.
Here are the top three quotes from HEXO Corp.'s (TSX:HEXO)(NYSE:HEXO) earnings conference call that Canadian investors should hear.The post HEXO Earnings: Top 3 Quotes You Should Hear appeared first on The Motley Fool Canada.
Shares of cannabis producer HEXO climbed more than 30 per cent in pre-market trading after the Quebec-based company reported stronger-than-expected sales driven by its thrifty Original Stash pot brand.
HEXO Corp. (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) today announced an initial closing of its previously announced early conversion option (the “Early Conversion Option”) in respect of $29.86 million aggregate principal amount of its outstanding $70 million aggregate principal amount of 8% unsecured convertible debentures maturing December 5, 2022 (the “Debentures”). Under the initial closing, $23.595 million aggregate principal amount of Debentures was converted into 29,493,750 units of the Company (the “Conversion Units”) at a price of $0.80 per Conversion Unit.
Key Operating Highlights Gross Revenue increased 30% to $30.9M from $23.8M in Q2Net Revenue increased 30% to $22.1M from $17.0M in Q2Adult-use grams and gram equivalents.