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MustGrow Biologics TSXV:MGRO Stock Report

Last Price

CA$1.10

Market Cap

CA$56.8m

7D

2.8%

1Y

-54.2%

Updated

25 Apr, 2024

Data

Company Financials

MustGrow Biologics Corp.

TSXV:MGRO Stock Report

Market Cap: CA$56.8m

MGRO Stock Overview

MustGrow Biologics Corp., an agricultural biotech company, focuses on development and commercialization of natural biopesticides, biofumigants, and bioherbicides derived from mustard seed.

MGRO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

MustGrow Biologics Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MustGrow Biologics
Historical stock prices
Current Share PriceCA$1.10
52 Week HighCA$2.55
52 Week LowCA$0.72
Beta1.65
1 Month Change-9.09%
3 Month Change-22.54%
1 Year Change-54.17%
3 Year Change-43.30%
5 Year Changen/a
Change since IPO243.75%

Recent News & Updates

Recent updates

Shareholder Returns

MGROCA ChemicalsCA Market
7D2.8%-1.3%0.7%
1Y-54.2%-20.8%4.9%

Return vs Industry: MGRO underperformed the Canadian Chemicals industry which returned -20.5% over the past year.

Return vs Market: MGRO underperformed the Canadian Market which returned 5.5% over the past year.

Price Volatility

Is MGRO's price volatile compared to industry and market?
MGRO volatility
MGRO Average Weekly Movement10.3%
Chemicals Industry Average Movement9.2%
Market Average Movement9.0%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.0%

Stable Share Price: MGRO's share price has been volatile over the past 3 months.

Volatility Over Time: MGRO's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aCorey Giassonmustgrow.ca

MustGrow Biologics Corp., an agricultural biotech company, focuses on development and commercialization of natural biopesticides, biofumigants, and bioherbicides derived from mustard seed. It provides preplant soil biofumigation, a technology to treat soil-borne diseases and pests for various crops, including fruit, vegetables, and other crops; and TerraMG, a mustard-derived soil biopesticide technology for use as a preplant soil biopesticide for soil-borne diseases and pests for various crops, such as fruits & vegetables, bananas, canola, and pulses. The company is also developing bioherbicide to treat unwanted plant growth for use in organic agriculture, home, and garden markets, as well as agriculture markets; and postharvest food preservation, an application in sprout, disease, and pathogen treatment for storage and food preservation markets.

MustGrow Biologics Corp. Fundamentals Summary

How do MustGrow Biologics's earnings and revenue compare to its market cap?
MGRO fundamental statistics
Market capCA$56.80m
Earnings (TTM)-CA$676.94k
Revenue (TTM)CA$4.71m

12.1x

P/S Ratio

-83.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGRO income statement (TTM)
RevenueCA$4.71m
Cost of RevenueCA$384.69k
Gross ProfitCA$4.33m
Other ExpensesCA$5.00m
Earnings-CA$676.94k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.013
Gross Margin91.84%
Net Profit Margin-14.37%
Debt/Equity Ratio13.6%

How did MGRO perform over the long term?

See historical performance and comparison
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