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Cannara Biotech TSXV:LOVE Stock Report

Last Price

CA$0.80

Market Cap

CA$72.9m

7D

3.9%

1Y

-5.9%

Updated

22 May, 2024

Data

Company Financials

LOVE Stock Overview

Engages in the indoor cultivation, processing, and sale of cannabis and cannabis-derivated products in Canada.

LOVE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health1/6
Dividends0/6

Cannara Biotech Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cannara Biotech
Historical stock prices
Current Share PriceCA$0.80
52 Week HighCA$1.15
52 Week LowCA$0.67
Beta1.17
1 Month Change-1.23%
3 Month Change-9.09%
1 Year Change-5.88%
3 Year Change-36.00%
5 Year Change-51.52%
Change since IPO-73.77%

Recent News & Updates

Recent updates

Cannara Biotech Inc.'s (CVE:LOVE) Prospects Need A Boost To Lift Shares

May 09
Cannara Biotech Inc.'s (CVE:LOVE) Prospects Need A Boost To Lift Shares

Here's Why We Think Cannara Biotech (CVE:LOVE) Might Deserve Your Attention Today

Feb 28
Here's Why We Think Cannara Biotech (CVE:LOVE) Might Deserve Your Attention Today

Investor Optimism Abounds Cannara Biotech Inc. (CVE:LOVE) But Growth Is Lacking

Jan 24
Investor Optimism Abounds Cannara Biotech Inc. (CVE:LOVE) But Growth Is Lacking

Cannara Biotech's (CVE:LOVE) Earnings May Just Be The Starting Point

Dec 18
Cannara Biotech's (CVE:LOVE) Earnings May Just Be The Starting Point

Is Cannara Biotech (CVE:LOVE) A Risky Investment?

Jul 29
Is Cannara Biotech (CVE:LOVE) A Risky Investment?

Cannara Biotech Inc.'s (CVE:LOVE) Business Is Yet to Catch Up With Its Share Price

Apr 10
Cannara Biotech Inc.'s (CVE:LOVE) Business Is Yet to Catch Up With Its Share Price

Here's Why Cannara Biotech (CVE:LOVE) Has A Meaningful Debt Burden

Jan 26
Here's Why Cannara Biotech (CVE:LOVE) Has A Meaningful Debt Burden

Cannara Biotech's (CVE:LOVE) Earnings Aren't As Good As They Appear

Jan 27
Cannara Biotech's (CVE:LOVE) Earnings Aren't As Good As They Appear

Cannara Biotech (CVE:LOVE) Has A Somewhat Strained Balance Sheet

Dec 10
Cannara Biotech (CVE:LOVE) Has A Somewhat Strained Balance Sheet

Here's Why Cannara Biotech (CSE:LOVE) Can Afford Some Debt

Mar 16
Here's Why Cannara Biotech (CSE:LOVE) Can Afford Some Debt

Can You Imagine How Cannara Biotech's (CSE:LOVE) Shareholders Feel About The -6.5% Share Price Increase?

Jan 22
Can You Imagine How Cannara Biotech's (CSE:LOVE) Shareholders Feel About The -6.5% Share Price Increase?

Have Insiders Been Buying Cannara Biotech Inc. (CSE:LOVE) Shares?

Dec 18
Have Insiders Been Buying Cannara Biotech Inc. (CSE:LOVE) Shares?

Shareholder Returns

LOVECA PharmaceuticalsCA Market
7D3.9%-4.5%1.2%
1Y-5.9%55.7%11.8%

Return vs Industry: LOVE underperformed the Canadian Pharmaceuticals industry which returned 55.7% over the past year.

Return vs Market: LOVE underperformed the Canadian Market which returned 11.8% over the past year.

Price Volatility

Is LOVE's price volatile compared to industry and market?
LOVE volatility
LOVE Average Weekly Movement7.4%
Pharmaceuticals Industry Average Movement14.4%
Market Average Movement8.9%
10% most volatile stocks in CA Market17.9%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: LOVE's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017n/aZohar Krivorotcannara.ca

Cannara Biotech Inc., together with its subsidiaries, engages in the indoor cultivation, processing, and sale of cannabis and cannabis-derivated products in Canada. It also offers hemp-based CBD products. The company sells its products through wholesalers and online merchandisers.

Cannara Biotech Inc. Fundamentals Summary

How do Cannara Biotech's earnings and revenue compare to its market cap?
LOVE fundamental statistics
Market capCA$72.92m
Earnings (TTM)CA$6.22m
Revenue (TTM)CA$73.26m

11.6x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LOVE income statement (TTM)
RevenueCA$73.26m
Cost of RevenueCA$42.57m
Gross ProfitCA$30.69m
Other ExpensesCA$24.47m
EarningsCA$6.22m

Last Reported Earnings

Feb 29, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.069
Gross Margin41.89%
Net Profit Margin8.49%
Debt/Equity Ratio61.4%

How did LOVE perform over the long term?

See historical performance and comparison
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