|Bid||8.53 x 0|
|Ask||8.54 x 0|
|Day's Range||8.21 - 9.07|
|52 Week Range||5.29 - 16.24|
|Beta (3Y Monthly)||1.16|
|PE Ratio (TTM)||29.72|
|Earnings Date||Feb 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.80|
The S&P/TSX Composite Index has gained 6.9 percent since the close of trading on Dec. 31, the largest increase over the first 18 days of the year since 1980, when the benchmark was up 8.5 percent, data compiled by Bloomberg show. The gain puts Canadian stocks in eighth place among developed-world markets, providing some relief to investors who lost almost 12 percent last year. The next strongest start to the year was in 1987 when the Canada’s key equity gauge gained 6.7 percent, just nine months before Black Monday sent markets tumbling.
CORAL GABLES, FL / ACCESSWIRE / January 18, 2019 / Marijuana stocks have become one of the hottest topics in the news over the course of the past few years. In terms of the US cannabis market, several states have led by example, in terms of how positive legalization can be on a widespread scale. ParcelPal Technology Inc (PTNYF) (PKG), Emblem Corp (EMMBF), Aurora Cannabis Inc (ACB) (ACB), and New Age Beverages Corp (NBEV) are 4 pot stocks worth looking into on Friday.
Analysts' January Rating Updates for TLRY, CGC, and ACB(Continued from Prior Part)Canopy GrowthCanopy Growth (WEED) (CGC) has continued to deepen its roots in the United States with a recent announcement that could be a game changer for the company.
The Company will issue US$300.0 million aggregate principal amount of notes, or US$345.0 million aggregate principal amount if the initial purchasers' over-allotment option is exercised in full. Aurora expects to use the net proceeds from the offering of the notes to support its Canadian and international expansion initiatives, for future acquisitions and for general corporate purposes, including working capital requirements to continue the Company's accelerated growth.
Analysts' January Rating Updates for TLRY, CGC, and ACB(Continued from Prior Part)Aurora Cannabis Aurora Cannabis (ACB) stock tanked nearly 8.2% after the market closed on January 16 due to the company’s announcement that it would raise ~$250
Analysts' January Rating Updates for TLRY, CGC, and ACB(Continued from Prior Part)TilrayTilray (TLRY), one of the top cannabis players in Canada, has been a favorite of day traders. The company has experienced wild swings, giving a hard time to
ACB, TLRY, and APHA Are in the Red, but CGC Continues to GainCannabis stocks are falling Aurora Cannabis (ACB) was trading in the red as of 11:00 AM EST today after the company announced that it would be raising $250 million worth of capital through
Analysts' January Rating Updates for TLRY, CGC, and ACBThree major stocks With a lot of action expected to boost the sentiments of cannabis investors (HMMJ), three major cannabis stocks are off to a positive start in 2019. These three stocks are
Planet 13 Holdings Has Returned ~30% in January: What’s Next?(Continued from Prior Part)Valuation multiplePlanet 13 Holdings (PLTH) (PLNHF) is still in the growth phase of its business lifecycle. During this period, expenses will be on the higher
VANCOUVER and DELTA, BC , Jan. 17, 2019 /CNW/ - Micron Waste Technologies Inc. ("Micron" or the "Company") (CSE: MWM, OTC: MICWF, Frankfurt : 7FM2), a leading developer of waste treatment systems for food and cannabis waste, has been awarded a United States Patent and Trademark Office (USPTO) patent for its commercial biological waste treatment formulation. US Patent 10,144,044 secures the intellectual property on the Company's proprietary bio-process and compositions for the treatment of waste effluent.
Aurora also intends to grant to the initial purchasers of the notes an option to purchase up to an additional US$37.5 million aggregate principal amount of notes. Aurora expects to use the net proceeds from the offering of the notes to support its Canadian and international expansion initiatives, for future acquisitions and for general corporate purposes, including working capital requirements to continue the Company's accelerated growth. The final terms of the notes will be determined by Aurora and the initial purchasers.
As we continue into the new year and watch for the possibilities it may hold, CLS Holdings USA Inc (OTC:CLSH), Aurora Cannabis Inc (TSX: ACB, NYSE: ACB), Charlotte's Web Holdings Inc (CWBHF), and CannTrust Holdings Inc (OTC PINK: CNTTF) represent 4 companies invested in the future of the cannabis industry. CLS Holdings USA Inc (OTC:CLSH) is a diversified cannabis company operating as Cannabis Life Sciences and an integrated cannabis producer and retailer in Nevada through its Oasis Cannabis subsidiaries.
These Cannabis Stocks Are Soaring in JanuaryCannabis stock trendsCannabis stock CannTrust Holdings (CNTTF) rose to $6.0 on January 15 from $4.8 at the close of market on December 31, 2018, representing a rise of ~25% in the first half of January
Newly Appointed US AG Bill Barr to Leave Cannabis Companies AloneWilliam Barr on marijuana companiesAt the end of last year, when US Attorney General Jeff Sessions resigned from his position, we predicted that this development could bring some
Key Takeaways from Aphria's Second-Quarter Earnings(Continued from Prior Part)Shortage of cannabisSince recreational cannabis became legal in Canada, the demand has outpaced supply, which has led to a shortage in the market. During its earnings
VANCOUVER and DELTA, BC , Jan. 16, 2019 /CNW/ - Micron Waste Technologies Inc. ("Micron" or the "Company") (CSE: MWM, OTC: MICWF, Frankfurt : 7FM2), a leading developer of waste treatment systems for food and cannabis waste, is pleased to announce the appointment of Alfred Wong to President and Chief Executive Officer, effective immediately. "Alfred joined Micron as President in 2016 and has been instrumental in overseeing the development of the Company's research and development from design to prototype," said Kal Malhi , Chairman. "In his new role as President and CEO, he will oversee strategic growth initiatives with a focus on accelerating commercialization of our food and cannabis waste processing systems.
Tilray stock tumbled as its IPO lockup expired. William Barr, attorney general nominee, said he would not "go after" marijuana companies operating in states where it is legal.
Tilray Tanks, but Canopy Growth and Aurora Hold Their GainsTilray tanksToday, Tilray (TLRY) has tanked nearly 10.1% to $90 as of 11:45 AM EST. The stock has apparently been affected by an IPO lockup expiry, which essentially opens the door for early
JPMorgan sagged, but Delta Air, Edwards Lifesciences and Netflix were early leaders as stocks rose ahead of the UK's critical Brexit vote.
Key Takeaways from Aphria's Second-Quarter EarningsAphria’s earningsAphria (APHA) reported its earnings on January 11. The stock gained nearly 5.4%, which indicates that investors saw the earnings results in a positive light. In this series,
Canopy Growth said it now has a license to produce hemp on an industrial scale in New York state. The marijuana stock jumped.
In the first half of January 14, Tilray (TLRY) was up 6.8% as of noon. The stock continued its upward momentum after it received a boost last week from comments by one of its largest holders. See Is Tilray Back in Action for Day Traders?