Nova Cannabis Inc.

TSX:NOVC Stock Report

Market Cap: CA$108.6m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Nova Cannabis Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:NOVC Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
21 Oct 24BuyCA$37,765,941SNDL Inc.Company21,580,530CA$1.75
11 Jul 24BuyCA$334,966Cannell Capital LLCCompany266,183CA$1.26
06 Jun 24BuyCA$3,000Marcie KiziakIndividual2,500CA$1.20
29 May 24BuyCA$117,638Cannell Capital LLCCompany89,800CA$1.31
24 May 24BuyCA$4,965Marcie KiziakIndividual3,750CA$1.32
16 May 24BuyCA$19,394Cannell Capital LLCCompany15,800CA$1.24
08 May 24BuyCA$574,040Cannell Capital LLCCompany452,000CA$1.27
08 May 24BuyCA$8,179,002SNDL Inc.Company4,751,641CA$1.72
25 Apr 24BuyCA$86,834Cannell Capital LLCCompany62,600CA$1.40
12 Apr 24BuyCA$248,669Cannell Capital LLCCompany163,598CA$1.52
12 Apr 24BuyCA$55,331Cannell Capital LLCCompany36,402CA$1.52
01 Mar 24BuyCA$1,254,867Cannell Capital LLCCompany787,266CA$1.65
21 Feb 24BuyCA$8,942Cannell Capital LLCCompany7,100CA$1.26
07 Feb 24BuyCA$1,022,000Cannell Capital LLCCompany700,000CA$1.46

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of NOVC?
Owner TypeNumber of SharesOwnership Percentage
Institutions00%
Individual Insiders177,4500.286%
Hedge Funds8,681,03814%
General Public12,722,04220.5%
Public Companies40,501,64165.2%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.5%.

Top Shareholders

Top 5 shareholders own 79.51% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
65.2%
SNDL Inc.
40,501,641CA$70.9m13.3%no data
14%
Cannell Capital LLC
8,681,038CA$15.2m0%2.22%
0.17%
Marcie Kiziak
106,669CA$186.7k38.5%no data
0.073%
Ronald Hozjan
45,042CA$78.8k0%no data
0.041%
Grant Sanderson
25,739CA$45.0k22.9%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/21 07:55
End of Day Share Price 2024/10/21 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nova Cannabis Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Frederico Yokota Choucair GomesATB Capital Markets
Ty CollinEight Capital