|Bid||9.30 x 0|
|Ask||9.32 x 0|
|Day's Range||9.28 - 9.65|
|52 Week Range||5.29 - 16.24|
|Beta (3Y Monthly)||1.51|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 27, 2019 - Mar 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||13.70|
This top marijuana stock reported sales grew at a breakneck pace last quarter, but that may only be the beginning.
Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (15,838.24, up 142.26 points). Bombardier Inc. (TSX:BBD.B). Industrials. Down one cents, or 0.4 per cent, to $2.50 on 28.5 million shares.Nemaska Lithium Inc. (TSX:NMX). Materials. Unchanged at 32 cents on 11.3 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Down 13 cents, or 1.38 per cent, to $9.30 on 10.4 million shares.Encana Corp. (TSX:ECA). Energy. Up 45 cents, or 5.18 per cent, to $9.14 on 9 million shares.Yamana Gold Inc. (TSX:YRI). Materials. Up four cents, or 1.17 per cent, to $3.46 on 8.2 million shares.Aphria Inc. (TSX:APHA). Health care. Up 63 cents, or 5.23 per cent, to $12.68 on 7.3 million shares. Companies reporting:Air Canada (TSX:AC). Up $1.17 or 3.7 per cent to $33.15. Air Canada says that negative changes to foreign exchange rates drove it to a $231-million net loss in the fourth quarter, but it would have otherwise turned a profit during the three-month period. The Montreal-based airline's revenue was $4.24 billion, which was up from $3.82 billion a year earlier. Air Canada's adjusted net income, which excludes the impact of foreign exchange gains or losses, was $54 million or 20 cents per share, down from $60 million of 22 cents per share a year earlier.Aphria Inc. — Cannabis producer Aphria Inc. says a review of its governance procedures revealed certain non-independent directors had conflicting interests in its acquisition of several Latin American companies. The company said Friday that a separate review of the takeover of the companies in Jamaica, Argentina and Colombia found the purchase price for the deal to be within an acceptable range, and assets for all three companies were in place.Cineplex Inc. (TSX:CGX). Down $2.01 or 7.4 per cent to $25.14. Cineplex saw a dip in theatre attendance and net income in its latest quarter, even as it began screening a handful of Academy Award contenders. The Toronto-based entertainment giant said its fourth quarter — the start of the annual awards season — brought $27.2 million in net income, down from $28.8 million a year earlier. Despite the debut of buzzed about films, including "A Star is Born," "Bohemian Rhapsody," "Green Book" and "Vice," Cineplex said attendance was down 3.2 per cent from a year earlier.Canopy Growth Corp. (TSX:WEED). Up $1.53, or 2.5 per cent to $62.81. Canopy Growth's revenue soared in its latest quarter on its first sales of recreational cannabis, but the licensed producer's loss from operations widened. The Smiths Falls, Ont.-based company reported revenue of $97.7 million in the quarter ended Dec. 31, or net revenue of $83 million, up from $21.7 million during its financial third quarter a year earlier.Enbridge Inc. (TSX:ENB). Up five cents to $47.40. Enbridge says full oil and gas pipelines and the addition of new services led to fourth-quarter earnings that beat analyst expectations. Canada's largest pipeline operator says adjusted net income was $1.17 billion or 65 cents per share in the last three months of 2018, beating analyst estimates of $1.12 billion or 62 cents per share as noted by Thomson Reuters Eikon.The Canadian Press
Analyzing Canopy Growth's Q3 Results(Continued from Prior Part)Canopy Growth’s losses widenIn the third quarter, Canopy Growth (WEED) (CGC) reported an operating loss of 157.2 million Canadian dollars, which widened from an operating loss of 26
Is Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) or HEXO Corp. (TSX:HEXO) a better pot stock to buy today?
Analyzing Canopy Growth's Q3 Results(Continued from Prior Part)Margins During the third quarter, Canopy Growth (WEED) (CGC) reported a gross margin of ~12.4 million Canadian dollars, which was lower compared to 16.5 million Canadian dollars in the
Analyzing Canopy Growth's Q3 ResultsCanopy Growth’s earningsAt ~8:43 PM EST on February 14, Canopy Growth (CGC) (WEED) reported its third-quarter financial results. The company reported gross revenues of 97.7 million Canadian dollars, which
The medical marijuana firm jumped 3% midday, despite its revenue of $62.35 million missing Investing.com estimates of $66 million.
Canadian marijuana producer's earnings delivered strong sales growth, grabbed a big share of the recreational pot market.
Business Update: Green Growth Brands Launches e-Commerce WebsiteGreen Growth Brands launches e-commerce website In a press release today, Green Growth Brands (GGBXF) announced the launch of its e-commerce website, ShopSeventhSense.com. The site
Cannabis Stocks Fall before Canopy Growth's EarningsCannabis stocks Before Canopy Growth’s (WEED) (CGC) earnings, most cannabis stocks fell. Canopy Growth fell nearly 1.6% at 11:45 PM EST on February 14. The cannabis sector ETF, the Horizons
Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) is a hot stock that could make millennials rich. But how much of one's TFSA should it comprise?
Aurora Cannabis: Notes from Its Earnings CallEarnings call On February 11, Aurora Cannabis (ACB) reported its earnings. The company also held an earnings call. The Q&A session can provide more qualitative information about the
Premier Health Group (OTC:PHGRF) (CSE:PHGI), Aurora Cannabis Inc (NYSE: ACB, TSX: ACB), Cronos Group Inc (CRON), and New Age Beverages Corporation (NBEV) represent four cannabis worth keeping on your radar. Premier Health Group (OTC:PHGRF) (CSE:PHGI) is a company determined to meet the challenges of our ever-evolving healthcare system. The Company's subsidiary, HealthVue, currently boasts an ecosystem of over 100,000 active patients and plans to rapidly increase that number both domestically and internationally.
Analysts Revised Canopy Growth's Q3 EstimatesGetting ready for big earnings Canopy Growth (WEED) (CGC) is scheduled to announce its third-quarter earnings on February 14 after the market closes. The company will hold a conference call on February
Cannabis companies are noticing a shift in the industry, with many businesses moving away from a cultivation-oriented focus and embracing the importance of branding. The Supreme Cannabis Company Inc. (TSX-V:FIRE.V - News) (OTC:SPRWF - News), Aurora Cannabis Inc. (TSX:ACB.TO - News) (NYSE:ACB - News), Canopy Growth Corp (TSX:WEED.TO - News) (NYSE:CGC - News), Curaleaf Holdings Inc. (CSE:CURA) (OTC:CURLF - News) and Green Growth Brands (CSE:GGB) (OTC:GGBXF - News) have all been making forays into the realm of cannabis branding and building retail awareness. The problem is that most companies have a production-oriented mindset, with a management team and corporate philosophy that shows.
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at how recent developments in the EU Parliament as well as WHO (World Health Organization) could have massive impacts on the cannabis market and which companies are preparing for this next step in the radically expanding sector. In breaking news yesterday, the European Parliament passed a resolution calling on the European Commission and EU countries to provide a legal definition and draw a clear distinction between cannabis-based medicines approved by regulatory bodies, MMJ not supported by clinical trials, and other applications of the plant.
Analysts' Ratings for WEED, TLRY, and APHA in February(Continued from Prior Part)Aphria Aphria (APHA) reported its earnings on January 11. Since then, the stock has risen nearly 30% as of February 12. Aphria has made a significant recovery since it
Aurora's latest quarterly update is old news now. But it could hint at good news for Canopy's soon-to-be-announced results.