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

TSX-V:COV • CA22282D3022

1.9 CAD
+0.08 (+4.4%)
Last: Feb 26, 2026, 07:00 PM

COV.CA Key Statistics, Chart & Performance

Key Statistics
Market Cap52.48M
Revenue(TTM)32.82M
Net Income(TTM)2.06M
Shares27.62M
Float11.94M
52 Week High3.1
52 Week Low1.55
Yearly DividendN/A
Dividend Yield9.26%
EPS(TTM)0.03
PE63.33
Fwd PE13.18
Earnings (Next)03-03
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 10 -10 20 -20

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

The current stock price of COV.CA is 1.9 CAD. In the past month the price increased by 13.1%. In the past year, price decreased by -26.92%.

COVALON TECHNOLOGIES LTD / COV Daily stock chart

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: 89.22% of all stocks are doing better.


Chartmill TA Rating
Chartmill Setup Rating
COV.CA Full Technical Analysis Report

COV.CA Fundamental Analysis

ChartMill assigns a fundamental rating of 6 / 10 to COV.CA. COV.CA is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend
COV.CA Full Fundamental Analysis Report

COV.CA Financial Highlights

Over the last trailing twelve months COV.CA reported a non-GAAP Earnings per Share(EPS) of 0.03. The EPS decreased by -82.26% compared to the year before.


Industry RankSector Rank
PM (TTM) 6.27%
ROA 5.7%
ROE 6.7%
Debt/Equity 0.05
Chartmill High Growth Momentum
EPS Q2Q%-100%
Sales Q2Q%-17.09%
EPS 1Y (TTM)-82.26%
Revenue 1Y (TTM)5.29%
COV.CA financials

COV.CA Forecast & Estimates

9 analysts have analysed COV.CA and the average price target is 2.96 CAD. This implies a price increase of 55.68% is expected in the next year compared to the current price of 1.9.

For the next year, analysts expect an EPS growth of 76.57% and a revenue growth 6.67% for COV.CA


Analysts
Analysts84.44
Price Target2.96 (55.79%)
EPS Next Y76.57%
Revenue Next Year6.67%
COV.CA Analyst EstimatesCOV.CA Analyst Ratings

COV.CA Ownership

Ownership
Inst OwnersN/A
Ins Owners5.08%
Short Float %N/A
Short RatioN/A
COV.CA Ownership

COV.CA Competitors/Peers

The largest stocks on the Canadian markets in the "Biotechnology" sub-industry
Full List
SymbolCompany NameTechnical RatingFundamental RatingFPEMarket Cap
EPRX EUPRAXIA PHARMACEUTICALS INC N/A583.286M
EDT SPECTRAL MEDICAL INC N/A397.882M
HBP HELIX BIOPHARMA CORP N/A150.469M
MDNA MEDICENNA THERAPEUTICS CORP N/A79.24M
BCT BRIACELL THERAPEUTICS CORP N/A39.44M
MBX MICROBIX BIOSYSTEMS INC5.9433.252M
RVX RESVERLOGIX CORP N/A33.069M
HEM HEMOSTEMIX INC N/A17.573M
MPH MEDICURE INC N/A11.693M

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 current price of COV stock?

The current stock price of COV.CA is 1.9 CAD. The price increased by 4.4% in the last trading session.


What is the dividend status of COVALON TECHNOLOGIES LTD?

COVALON TECHNOLOGIES LTD (COV.CA) has a dividend yield of 9.26%. The yearly dividend amount is currently 0.


What is the ChartMill technical and fundamental rating of COV stock?

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


What do analysts say about COVALON TECHNOLOGIES LTD (COV.CA) stock?

9 analysts have analysed COV.CA and the average price target is 2.96 CAD. This implies a price increase of 55.68% is expected in the next year compared to the current price of 1.9.


What is COVALON TECHNOLOGIES LTD worth?

COVALON TECHNOLOGIES LTD (COV.CA) has a market capitalization of 52.48M CAD. This makes COV.CA a Micro Cap stock.


When does COVALON TECHNOLOGIES LTD (COV.CA) report earnings?

COVALON TECHNOLOGIES LTD (COV.CA) will report earnings on 2026-03-03.