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Delta 9 Cannabis TSX:DN Stock Report

Last Price

CA$0.03

Market Cap

CA$8.7m

7D

50.0%

1Y

-45.5%

Updated

30 Apr, 2024

Data

Company Financials +

Delta 9 Cannabis Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Delta 9 Cannabis
Historical stock prices
Current Share PriceCA$0.03
52 Week HighCA$0.08
52 Week LowCA$0.015
Beta1.34
1 Month Change-40.00%
3 Month Change33.33%
1 Year Change-45.45%
3 Year Change-94.55%
5 Year Change-97.97%
Change since IPO-98.96%

Recent News & Updates

Delta 9 Cannabis Inc.'s (TSE:DN) Shares Leap 122% Yet They're Still Not Telling The Full Story

Mar 26
Delta 9 Cannabis Inc.'s (TSE:DN) Shares Leap 122% Yet They're Still Not Telling The Full Story

Market Might Still Lack Some Conviction On Delta 9 Cannabis Inc. (TSE:DN) Even After 122% Share Price Boost

Mar 26
Market Might Still Lack Some Conviction On Delta 9 Cannabis Inc. (TSE:DN) Even After 122% Share Price Boost

Recent updates

Delta 9 Cannabis Inc.'s (TSE:DN) Shares Leap 122% Yet They're Still Not Telling The Full Story

Mar 26
Delta 9 Cannabis Inc.'s (TSE:DN) Shares Leap 122% Yet They're Still Not Telling The Full Story

Market Might Still Lack Some Conviction On Delta 9 Cannabis Inc. (TSE:DN) Even After 122% Share Price Boost

Mar 26
Market Might Still Lack Some Conviction On Delta 9 Cannabis Inc. (TSE:DN) Even After 122% Share Price Boost

Is Delta 9 Cannabis (TSE:DN) Using Too Much Debt?

Sep 09
Is Delta 9 Cannabis (TSE:DN) Using Too Much Debt?

Delta 9 Cannabis Inc. (TSE:DN) Not Doing Enough For Some Investors As Its Shares Slump 27%

Jul 28
Delta 9 Cannabis Inc. (TSE:DN) Not Doing Enough For Some Investors As Its Shares Slump 27%

Does Delta 9 Cannabis (TSE:DN) Have A Healthy Balance Sheet?

Aug 19
Does Delta 9 Cannabis (TSE:DN) Have A Healthy Balance Sheet?

Is Delta 9 Cannabis (TSE:DN) A Risky Investment?

Jan 11
Is Delta 9 Cannabis (TSE:DN) A Risky Investment?

Delta 9 Cannabis (TSE:DN) Is Making Moderate Use Of Debt

Sep 28
Delta 9 Cannabis (TSE:DN) Is Making Moderate Use Of Debt

Delta 9 Cannabis (TSE:DN) Is Carrying A Fair Bit Of Debt

Apr 08
Delta 9 Cannabis (TSE:DN) Is Carrying A Fair Bit Of Debt

John Arbuthnot Is The Co-Founder of Delta 9 Cannabis Inc. (TSE:DN) And They Just Picked Up 1.0% More Shares

Dec 24
John Arbuthnot Is The Co-Founder of Delta 9 Cannabis Inc. (TSE:DN) And They Just Picked Up 1.0% More Shares

Shareholder Returns

DNCA PharmaceuticalsCA Market
7D50.0%26.2%-1.1%
1Y-45.5%84.7%4.9%

Return vs Industry: DN underperformed the Canadian Pharmaceuticals industry which returned 45.6% over the past year.

Return vs Market: DN underperformed the Canadian Market which returned 5.1% over the past year.

Price Volatility

Is DN's price volatile compared to industry and market?
DN volatility
DN Average Weekly Movement44.3%
Pharmaceuticals Industry Average Movement15.1%
Market Average Movement8.9%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.0%

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

Volatility Over Time: DN's weekly volatility has increased from 28% to 44% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001320John Arbuthnotwww.delta9.ca

Delta 9 Cannabis Inc., together with its subsidiaries, operates as an integrated cannabis company. The company engages in the cultivation, processing, extraction, wholesale distribution, retail, and sale of medical and recreational cannabis products. Its products include dried cannabis flowers, pre-rolls, and dried sift cannabis, as well as oils, and extracted and derivative products.

Delta 9 Cannabis Inc. Fundamentals Summary

How do Delta 9 Cannabis's earnings and revenue compare to its market cap?
DN fundamental statistics
Market capCA$8.68m
Earnings (TTM)-CA$17.52m
Revenue (TTM)CA$71.07m

0.1x

P/S Ratio

-0.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DN income statement (TTM)
RevenueCA$71.07m
Cost of RevenueCA$56.62m
Gross ProfitCA$14.44m
Other ExpensesCA$31.96m
Earnings-CA$17.52m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.061
Gross Margin20.33%
Net Profit Margin-24.65%
Debt/Equity Ratio-692.6%

How did DN perform over the long term?

See historical performance and comparison
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