CVE:DB

Decibel Cannabis (DB) Stock Price, News & Analysis

C$0.12
-0.01 (-4.17%)
(As of 05/7/2024 05:20 PM ET)
Today's Range
C$0.12
C$0.12
50-Day Range
C$0.10
C$0.14
52-Week Range
C$0.10
C$0.19
Volume
178,600 shs
Average Volume
195,623 shs
Market Capitalization
C$47.04 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
C$0.35

Decibel Cannabis MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
204.3% Upside
C$0.35 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.39mentions of Decibel Cannabis in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.82 out of 5 stars

DB stock logo

About Decibel Cannabis Stock (CVE:DB)

Decibel Cannabis Company Inc., an integrated cannabis company, engages in the cannabis cultivation, processing, and sale of cannabis flower products in Canada. It is also involved in the extraction, processing, and manufacturing vape cartridges and glass tube packaging for pre-rolls. In addition, the company engages in the cannabis retail business through operating operational retail locations in Saskatchewan, as well as an e-commerce cannabis platform throughout the Province of Saskatchewan; and operational retail locations in Alberta. It offers its products under the Qwest, Prairie Records, Blendcraft, and General Admission brands. The company is headquartered in Calgary, Canada.

DB Stock Price History

DB Stock News Headlines

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Decibel Cannabis (CVE:DB) Trading Down 7.7%
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See More Headlines
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Company Calendar

Today
5/07/2024
Next Earnings (Estimated)
6/03/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Drug Manufacturers - Specialty & Generic
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$0.35
High Stock Price Target
C$0.35
Low Stock Price Target
C$0.35
Potential Upside/Downside
+204.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
C$-1,770,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$115.96 million
Book Value
C$0.11 per share

Miscellaneous

Free Float
N/A
Market Cap
C$47.04 million
Optionable
N/A
Beta
1.04
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Key Executives

  • Mr. Stuart Boucher
    Chief Financial Officer
  • Mr. Adam Coates (Age 36)
    Chief Revenue Officer
    Comp: $242.99k
  • Mr. Benjamin Sze (Age 41)
    Chief Executive Officer
    Comp: $120k
  • Mr. Kris Newell
    Chief Operating Officer
  • Jesse Martin
    General Counsel & Corporate Secretary
  • Warren Matzelle
    Chief Product Development and Marketing Officer

DB Stock Analysis - Frequently Asked Questions

Should I buy or sell Decibel Cannabis stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Decibel Cannabis in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DB shares.
View DB analyst ratings
or view top-rated stocks.

What is Decibel Cannabis' stock price target for 2024?

2 analysts have issued twelve-month price targets for Decibel Cannabis' shares. Their DB share price targets range from C$0.35 to C$0.35. On average, they anticipate the company's stock price to reach C$0.35 in the next year. This suggests a possible upside of 204.3% from the stock's current price.
View analysts price targets for DB
or view top-rated stocks among Wall Street analysts.

How have DB shares performed in 2024?

Decibel Cannabis' stock was trading at C$0.13 at the start of the year. Since then, DB shares have decreased by 11.5% and is now trading at C$0.12.
View the best growth stocks for 2024 here
.

When is Decibel Cannabis' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, June 3rd 2024.
View our DB earnings forecast
.

How do I buy shares of Decibel Cannabis?

Shares of DB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (CVE:DB) was last updated on 5/8/2024 by MarketBeat.com Staff

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