Logo image of COV.CA

COVALON TECHNOLOGIES LTD (COV.CA) Stock Price, Forecast & Analysis

Canada - TSX-V:COV - CA22282D3022 - Common Stock

2.25 CAD
-0.02 (-0.88%)
Last: 11/3/2025, 7:00:00 PM

COV.CA Key Statistics, Chart & Performance

Key Statistics
Market Cap61.70M
Revenue(TTM)32.99M
Net Income(TTM)2.31M
Shares27.42M
Float11.71M
52 Week High4.3
52 Week Low2.01
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)0.08
PE28.13
Fwd PE18.2
Earnings (Next)01-05 2026-01-05
IPO2004-09-03
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS SubIndustryBiotechnology


COV.CA short term performance overview.The bars show the price performance of COV.CA in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 5 -5 10

COV.CA long term performance overview.The bars show the price performance of COV.CA in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 20 -20 40 60 80

The current stock price of COV.CA is 2.25 CAD. In the past month the price increased by 8.53%. In the past year, price decreased by -33.43%.

COVALON TECHNOLOGIES LTD / COV Daily stock chart

COV.CA Latest News, Press Relases and Analysis

COV.CA Competitors/Peers

The largest stocks on the Canadian markets in the "Biotechnology" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
EDT.CA SPECTRAL MEDICAL INC N/A 423.27M
EPRX.CA EUPRAXIA PHARMACEUTICALS INC N/A 428.58M
FRX.CA FENNEC PHARMACEUTICALS INC N/A 317.26M
HBP.CA HELIX BIOPHARMA CORP N/A 161.16M
MDNA.CA MEDICENNA THERAPEUTICS CORP N/A 125.11M
NRX.CA NUREXONE BIOLOGIC INC N/A 56.93M
MBX.CA MICROBIX BIOSYSTEMS INC N/A 36.27M
BCT.CA BRIACELL THERAPEUTICS CORP N/A 26.23M
RVX.CA RESVERLOGIX CORP N/A 28.67M
HEM.CA HEMOSTEMIX INC N/A 17.48M
MPH.CA MEDICURE INC N/A 12.11M
CSCI.CA COSCIENS BIOPHARMA INC N/A 11.60M

About COV.CA

Company Profile

COV logo image Covalon Technologies Ltd. engages in the research, development, manufacturing, and marketing of patent-protected medical products. The company is headquartered in Mississauga, Ontario. The company went IPO on 2004-09-03. The firm's solutions are designed for patients and made for care providers. The firm leverages its patented medical technology platforms and expertise in two ways: by developing products that are sold under Covalon's name, and by developing and commercializing medical products for other medical companies under development and license contracts. The firm has three proprietary platform technologies that have the potential to be developed into a number of medical devices and products: Collagen matrix, Antimicrobial silicone adhesive and Medical coatings. Its product type includes advanced wound care, antimicrobial dressings, collagen dressings, IV dressings, and perioperative dressings. Its brands include ColActive PLUS, CovaClear, CovaView, CovaWound, IV Clear, SurgiClear, and VALGuard.

Company Info

COVALON TECHNOLOGIES LTD

1660 Tech Avenue, Unit 5

Mississauga ONTARIO L4W 5S7 CA

CEO: Simon Smith

Employees: 41

COV Company Website

COV Investor Relations

Phone: 18777116055

COVALON TECHNOLOGIES LTD / COV.CA FAQ

Can you describe the business of COVALON TECHNOLOGIES LTD?

Covalon Technologies Ltd. engages in the research, development, manufacturing, and marketing of patent-protected medical products. The company is headquartered in Mississauga, Ontario. The company went IPO on 2004-09-03. The firm's solutions are designed for patients and made for care providers. The firm leverages its patented medical technology platforms and expertise in two ways: by developing products that are sold under Covalon's name, and by developing and commercializing medical products for other medical companies under development and license contracts. The firm has three proprietary platform technologies that have the potential to be developed into a number of medical devices and products: Collagen matrix, Antimicrobial silicone adhesive and Medical coatings. Its product type includes advanced wound care, antimicrobial dressings, collagen dressings, IV dressings, and perioperative dressings. Its brands include ColActive PLUS, CovaClear, CovaView, CovaWound, IV Clear, SurgiClear, and VALGuard.


What is the stock price of COVALON TECHNOLOGIES LTD today?

The current stock price of COV.CA is 2.25 CAD. The price decreased by -0.88% in the last trading session.


What is the dividend status of COVALON TECHNOLOGIES LTD?

COV.CA does not pay a dividend.


What is the ChartMill rating of COVALON TECHNOLOGIES LTD stock?

COV.CA has a ChartMill Technical rating of 2 out of 10 and a ChartMill Fundamental rating of 6 out of 10.


Would investing in COVALON TECHNOLOGIES LTD be a good decision?

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on COV.CA.


What is the market capitalization of COV stock?

COVALON TECHNOLOGIES LTD (COV.CA) has a market capitalization of 61.70M CAD. This makes COV.CA a Micro Cap stock.


COV.CA Technical Analysis

ChartMill assigns a technical rating of 2 / 10 to COV.CA. When comparing the yearly performance of all stocks, COV.CA is a bad performer in the overall market: 92.64% of all stocks are doing better.


Chartmill TA Rating
Chartmill Setup Rating

COV.CA Fundamental Analysis

ChartMill assigns a fundamental rating of 6 / 10 to COV.CA. COV.CA has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

COV.CA Financial Highlights

Over the last trailing twelve months COV.CA reported a non-GAAP Earnings per Share(EPS) of 0.08. The EPS increased by 350.62% compared to the year before.


Industry RankSector Rank
PM (TTM) 7%
ROA 6.56%
ROE 7.78%
Debt/Equity 0.02
Chartmill High Growth Momentum
EPS Q2Q%-100%
Sales Q2Q%-8.67%
EPS 1Y (TTM)350.62%
Revenue 1Y (TTM)13%

COV.CA Forecast & Estimates

9 analysts have analysed COV.CA and the average price target is 3.83 CAD. This implies a price increase of 70% is expected in the next year compared to the current price of 2.25.

For the next year, analysts expect an EPS growth of -92.31% and a revenue growth 7.74% for COV.CA


Analysts
Analysts84.44
Price Target3.83 (70.22%)
EPS Next Y-92.31%
Revenue Next Year7.74%

COV.CA Ownership

Ownership
Inst OwnersN/A
Ins Owners5.11%
Short Float %N/A
Short RatioN/A