NOVC Stock Overview
Nova Cannabis Inc. operates retail cannabis stores with a focus on the recreational-use cannabis market in Canada.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Nova Cannabis Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$1.34 |
| 52 Week High | CA$2.08 |
| 52 Week Low | CA$0.40 |
| Beta | -2.24 |
| 1 Month Change | -25.56% |
| 3 Month Change | 14.53% |
| 1 Year Change | 94.20% |
| 3 Year Change | -46.40% |
| 5 Year Change | n/a |
| Change since IPO | -55.78% |
Recent News & Updates
Positive Sentiment Still Eludes Nova Cannabis Inc. (TSE:NOVC) Following 26% Share Price Slump
Apr 26
Sentiment Still Eluding Nova Cannabis Inc. (TSE:NOVC)
Feb 29Nova Cannabis (TSE:NOVC) Has A Somewhat Strained Balance Sheet
Jan 24Recent updates
Positive Sentiment Still Eludes Nova Cannabis Inc. (TSE:NOVC) Following 26% Share Price Slump
Apr 26Sentiment Still Eluding Nova Cannabis Inc. (TSE:NOVC)
Feb 29Nova Cannabis (TSE:NOVC) Has A Somewhat Strained Balance Sheet
Jan 24Nova Cannabis Inc.'s (TSE:NOVC) Intrinsic Value Is Potentially 86% Above Its Share Price
Dec 20A Piece Of The Puzzle Missing From Nova Cannabis Inc.'s (TSE:NOVC) Share Price
Jul 14Shareholder Returns
| NOVC | CA Specialty Retail | CA Market | |
|---|---|---|---|
| 7D | -17.3% | 0.1% | 0.7% |
| 1Y | 94.2% | -8.4% | 4.9% |
Return vs Industry: NOVC exceeded the Canadian Specialty Retail industry which returned -8% over the past year.
Return vs Market: NOVC exceeded the Canadian Market which returned 5.5% over the past year.
Price Volatility
| NOVC volatility | |
|---|---|
| NOVC Average Weekly Movement | 12.1% |
| Specialty Retail Industry Average Movement | 5.1% |
| Market Average Movement | 9.0% |
| 10% most volatile stocks in CA Market | 18.1% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: NOVC's share price has been volatile over the past 3 months.
Volatility Over Time: NOVC's weekly volatility (12%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 719 | Marcie Kiziak | www.novacannabis.ca |
Nova Cannabis Inc. operates retail cannabis stores with a focus on the recreational-use cannabis market in Canada. The company is headquartered in Edmonton, Canada. Nova Cannabis Inc. is a subsidiary of Alcanna Inc.
Nova Cannabis Inc. Fundamentals Summary
| NOVC fundamental statistics | |
|---|---|
| Market cap | CA$76.82m |
| Earnings (TTM) | CA$3.03m |
| Revenue (TTM) | CA$259.33m |
25.4x
P/E Ratio0.3x
P/S RatioIs NOVC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NOVC income statement (TTM) | |
|---|---|
| Revenue | CA$259.33m |
| Cost of Revenue | CA$197.74m |
| Gross Profit | CA$61.59m |
| Other Expenses | CA$58.56m |
| Earnings | CA$3.03m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.053 |
| Gross Margin | 23.75% |
| Net Profit Margin | 1.17% |
| Debt/Equity Ratio | 29.5% |
How did NOVC perform over the long term?
See historical performance and comparison