NOVA CANNABIS INC (NOVC.CA) Stock Price, Forecast & Analysis
Canada • Toronto Stock Exchange • TSX:NOVC • CA66980W1041
NOVC.CA Key Statistics, Chart & Performance
The current stock price of NOVC.CA is 1.75 CAD. In the past month the price increased by 1.16%. In the past year, price increased by 116.05%.
NOVC.CA Technical Analysis
ChartMill assigns a technical rating of 10 / 10 to NOVC.CA. When comparing the yearly performance of all stocks, NOVC.CA is one of the better performing stocks in the market, outperforming 94.98% of all stocks.
NOVC.CA Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to NOVC.CA. While NOVC.CA seems to be doing ok healthwise, there are quite some concerns on its profitability.
NOVC.CA Financial Highlights
Over the last trailing twelve months NOVC.CA reported a non-GAAP Earnings per Share(EPS) of 0.06. The EPS increased by 155.95% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 1.14% | ||
| ROA | 2.32% | ||
| ROE | 5.32% | ||
| Debt/Equity | 0.94 |
NOVC.CA Forecast & Estimates
8 analysts have analysed NOVC.CA and the average price target is 3.57 CAD. This implies a price increase of 104% is expected in the next year compared to the current price of 1.75.
For the next year, analysts expect an EPS growth of -26.32% and a revenue growth 5.23% for NOVC.CA
NOVC.CA Ownership
NOVC.CA Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| PET | PET VALU HOLDINGS LTD | 15.95 | 1.897B | ||
| KITS | KITS EYECARE LTD | 70.62 | 672.047M | ||
| XAU | GOLDMONEY INC | N/A | 141.344M | ||
| DTEA | DAVIDSTEA INC | N/A | 23.177M |
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About NOVC.CA
Company Profile
Nova Cannabis, Inc. is a national cannabis retail company. The company is headquartered in Edmonton, Alberta and currently employs 719 full-time employees. The company went IPO on 2019-01-07. The Company’s principal activity is the operation of retail cannabis stores in Canada. The company is focused on disrupting the cannabis retail market by offering a wide range of high-quality cannabis products. The firm operates under the brand name Value Buds and Firesale Cannabis for its cannabis retail locations in Alberta and Ontario, and under the brand name Sweet Tree Cannabis Co. for its retail location in Saskatchewan. The firm owns and/or operates approximately 92 locations across Alberta, Ontario, and Saskatchewan, primarily under its Value Buds banner. Its Value Buds banner offers discount prices on a wide selection of cannabis products from value to premium. Value Buds is a high-value recreational cannabis brand.
Company Info
NOVA CANNABIS INC
101, 17220 Stony Plain Road NW
Edmonton ALBERTA T5S 1K6 CA
CEO: Theodore Zunich
Employees: 719
Phone: 14039485227
NOVA CANNABIS INC / NOVC.CA FAQ
What does NOVC do?
Nova Cannabis, Inc. is a national cannabis retail company. The company is headquartered in Edmonton, Alberta and currently employs 719 full-time employees. The company went IPO on 2019-01-07. The Company’s principal activity is the operation of retail cannabis stores in Canada. The company is focused on disrupting the cannabis retail market by offering a wide range of high-quality cannabis products. The firm operates under the brand name Value Buds and Firesale Cannabis for its cannabis retail locations in Alberta and Ontario, and under the brand name Sweet Tree Cannabis Co. for its retail location in Saskatchewan. The firm owns and/or operates approximately 92 locations across Alberta, Ontario, and Saskatchewan, primarily under its Value Buds banner. Its Value Buds banner offers discount prices on a wide selection of cannabis products from value to premium. Value Buds is a high-value recreational cannabis brand.
What is the stock price of NOVA CANNABIS INC today?
The current stock price of NOVC.CA is 1.75 CAD.
Does NOVA CANNABIS INC pay dividends?
NOVC.CA does not pay a dividend.
What is the ChartMill technical and fundamental rating of NOVC stock?
NOVC.CA has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 5 out of 10.
What is the analyst forecast for NOVC.CA stock?
8 analysts have analysed NOVC.CA and the average price target is 3.57 CAD. This implies a price increase of 104% is expected in the next year compared to the current price of 1.75.
What is NOVA CANNABIS INC worth?
NOVA CANNABIS INC (NOVC.CA) has a market capitalization of 108.64M CAD. This makes NOVC.CA a Micro Cap stock.