|Bid||0.270 x 0|
|Ask||0.275 x 0|
|Day's Range||0.2600 - 0.2750|
|52 Week Range||0.1900 - 0.9400|
|Beta (3Y Monthly)||2.31|
|PE Ratio (TTM)||2.37|
|Earnings Date||Oct 18, 2018 - Oct 22, 2018|
|Forward Dividend & Yield||0.01 (1.96%)|
|1y Target Est||N/A|
Quinsam Capital Corporation (CSE:QCA) (“Quinsam” or the “Company”) is pleased to provide an update to its investors in light of recent declines in the share prices of many cannabis companies. “There has been across-the-board weakness in cannabis share prices in recent weeks,” said Roger Dent, CEO of Quinsam.
Quinsam Capital Corporation (CSE:QCA) (“Quinsam” or the “Company”) is pleased to announce strong Q3/2018 results, with net income of $4.2 million ($0.04 per share basic, $0.03 fully diluted) versus a profit of $0.2 million ($0.00 per share) in Q3/2017. The most notable new listing in the quarter for us was Sproutly, which closed the quarter at $0.67 versus our cost of approximately $0.18, generating a pre-tax gain of $1.4 million on our $500,000 investment.