Logo image of NOVC.CA

NOVA CANNABIS INC (NOVC.CA) Stock Price, Quote, News and Overview

TSX:NOVC - Toronto Stock Exchange - CA66980W1041 - Common Stock - Currency: CAD

1.75  0 (0%)

NOVC.CA Quote, Performance and Key Statistics

NOVA CANNABIS INC

TSX:NOVC (10/22/2024, 7:00:00 PM)

1.75

0 (0%)

Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS SubIndustryOther Specialty Retail
Statistics
52 Week High2.08
52 Week Low0.62
Market Cap108.64M
Shares62.08M
Float21.40M
Yearly DividendN/A
Dividend YieldN/A
PE29.17
Fwd PE8.58
Earnings (Next)11-06 2024-11-06
IPO01-07 2019-01-07


NOVC.CA short term performance overview.The bars show the price performance of NOVC.CA in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 10 20 30 40

NOVC.CA long term performance overview.The bars show the price performance of NOVC.CA in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 50 100

The current stock price of NOVC.CA is 1.75 CAD. In the past month the price increased by 1.16%. In the past year, price increased by 116.05%.

NOVA CANNABIS INC / NOVC Daily stock chart

NOVC.CA Competitors/Peers

The largest stocks on the Canadian markets in the "Other Specialty Retail" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
PET.CA PET VALU HOLDINGS LTD 14.83 1.76B
KITS.CA KITS EYECARE LTD N/A 276.64M
XAU.CA GOLDMONEY INC N/A 113.46M
DTEA.CA DAVIDSTEA INC N/A 26.62M

About NOVC.CA

Company Profile

NOVC logo image Nova Cannabis, Inc. is a national cannabis retail company. The company is headquartered in Edmonton, Alberta and currently employs 719 full-time employees. The company went IPO on 2019-01-07. The Company’s principal activity is the operation of retail cannabis stores in Canada. The company is focused on disrupting the cannabis retail market by offering a wide range of high-quality cannabis products. The firm operates under the brand name Value Buds and Firesale Cannabis for its cannabis retail locations in Alberta and Ontario, and under the brand name Sweet Tree Cannabis Co. for its retail location in Saskatchewan. The firm owns and/or operates approximately 92 locations across Alberta, Ontario, and Saskatchewan, primarily under its Value Buds banner. Its Value Buds banner offers discount prices on a wide selection of cannabis products from value to premium. Value Buds is a high-value recreational cannabis brand.

Company Info

NOVA CANNABIS INC

101, 17220 Stony Plain Road NW

Edmonton ALBERTA T5S 1K6 CA

CEO: Theodore Zunich

Employees: 719

Company Website: https://www.novacannabis.ca/

Phone: 14039485227

NOVA CANNABIS INC / NOVC.CA FAQ

What is the stock price of NOVA CANNABIS INC today?

The current stock price of NOVC.CA is 1.75 CAD.


What is the ticker symbol for NOVA CANNABIS INC stock?

The exchange symbol of NOVA CANNABIS INC is NOVC and it is listed on the Toronto Stock Exchange exchange.


On which exchange is NOVC.CA stock listed?

NOVC.CA stock is listed on the Toronto Stock Exchange exchange.


What is the price forecast or stock price prediction for NOVA CANNABIS INC stock?

8 analysts have analysed NOVC.CA and the average price target is 3.57 CAD. This implies a price increase of 104% is expected in the next year compared to the current price of 1.75. Check the NOVA CANNABIS INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is NOVA CANNABIS INC worth?

NOVA CANNABIS INC (NOVC.CA) has a market capitalization of 108.64M CAD. This makes NOVC.CA a Micro Cap stock.


How many employees does NOVA CANNABIS INC have?

NOVA CANNABIS INC (NOVC.CA) currently has 719 employees.


What are the support and resistance levels for NOVA CANNABIS INC (NOVC.CA) stock?

NOVA CANNABIS INC (NOVC.CA) has a support level at 1.74 and a resistance level at 1.75. Check the full technical report for a detailed analysis of NOVC.CA support and resistance levels.


Is NOVA CANNABIS INC (NOVC.CA) expected to grow?

The Revenue of NOVA CANNABIS INC (NOVC.CA) is expected to grow by 5.23% in the next year. Check the estimates tab for more information on the NOVC.CA EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy NOVA CANNABIS INC (NOVC.CA) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does NOVA CANNABIS INC (NOVC.CA) stock pay dividends?

NOVC.CA does not pay a dividend.


When does NOVA CANNABIS INC (NOVC.CA) report earnings?

NOVA CANNABIS INC (NOVC.CA) will report earnings on 2024-11-06.


What is the Price/Earnings (PE) ratio of NOVA CANNABIS INC (NOVC.CA)?

The PE ratio for NOVA CANNABIS INC (NOVC.CA) is 29.17. This is based on the reported non-GAAP earnings per share of 0.06 and the current share price of 1.75 CAD. Check the full fundamental report for a full analysis of the valuation metrics for NOVC.CA.


NOVC.CA Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to NOVC.CA. When comparing the yearly performance of all stocks, NOVC.CA is one of the better performing stocks in the market, outperforming 94.98% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

NOVC.CA Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to NOVC.CA. While NOVC.CA seems to be doing ok healthwise, there are quite some concerns on its profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

NOVC.CA Financial Highlights

Over the last trailing twelve months NOVC.CA reported a non-GAAP Earnings per Share(EPS) of 0.06. The EPS increased by 155.95% compared to the year before.


Industry RankSector Rank
PM (TTM) 1.14%
ROA 2.32%
ROE 5.32%
Debt/Equity 0.94
Chartmill High Growth Momentum
EPS Q2Q%-29.05%
Sales Q2Q%8.05%
EPS 1Y (TTM)155.95%
Revenue 1Y (TTM)9.84%

NOVC.CA Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 85% to NOVC.CA. The Buy consensus is the average rating of analysts ratings from 8 analysts.

For the next year, analysts expect an EPS growth of -26.32% and a revenue growth 5.23% for NOVC.CA


Ownership
Inst Owners8.38%
Ins OwnersN/A
Short Float %N/A
Short RatioN/A
Analysts
Analysts85
Price Target3.57 (104%)
EPS Next Y-26.32%
Revenue Next Year5.23%