CVE:NINE

Delta 9 Cannabis - NINE Stock Forecast, Price & News

C$1.03

+0.03 (+3.00%)

(As of 07/23/2019)

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Today's Range: C$1.03
▼
C$1.13
50-Day Range: C$1.03
▼
C$1.03
52-Week Range: C$0.92
▼
C$2.35

Volume: 68,728 shs
Average Volume: 117,300 shs
Market Capitalization: C$89.36 million

P/E Ratio: 19.07
Dividend Yield: N/A
Price Target: N/A

Delta 9 Cannabis MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$94,000 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.10 out of 5 stars

0.0

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Delta 9 Cannabis.

N/A

Short Interest

Short Interest
There is no current short interest data available for NINE.

0.0

Dividend Strength

Dividend Yield
Delta 9 Cannabis does not currently pay a dividend.
Dividend Growth
Delta 9 Cannabis does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NINE.

1.3

News and Social Media Coverage

News Sentiment
Delta 9 Cannabis has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.
Search Interest
Only 6 people have searched for NINE on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Delta 9 Cannabis insiders have sold 38.90% more of their company's stock than they have bought. Specifically, they have bought C$67,675.00 in company stock and sold C$94,000.00 in company stock.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Delta 9 Cannabis is 19.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.18.
Price to Earnings Ratio vs. Sector
The P/E ratio of Delta 9 Cannabis is 19.07, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 115.52.
Price to Book Value per Share Ratio
Delta 9 Cannabis has a P/B Ratio of 1.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Delta 9 Cannabis (CVE:NINE) Stock

Delta 9 Cannabis Inc. operates as an integrated cannabis company. The company, through its subsidiary, Delta 9 Bio-Tech Inc., engages in the production of medical marijuana. It primarily provides cannabis strains, as well as start-up materials and support services, including genetics (plants), grow pods, and consulting services to new and existing licensed producers. It also owns and operates retail cannabis store in Winnipeg, Manitoba, as well as cannabis superstore in Brandon, Manitoba. The company operates its retail stores under the Delta 9 Cannabis Store brand name. Delta 9 Cannabis Inc. was founded in 2012 and is headquartered in Winnipeg, Canada.

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NINE Stock News Headlines

July 28, 2022 | msn.com

Delta 9 Repays Convertible Debentures, Provides Guidance & Timing For Q2 2022 Results

July 16, 2022 | americanbankingnews.com

John William (John) Arbuthnot Iv Acquires 75,000 Shares of Delta 9 Cannabis Inc (CVE:NINE) Stock

June 24, 2022 | benzinga.com

Bullish Friday For Marijuana Stocks - Leviathan Natural Prods, Item 9 Labs Among Top Gainers

June 16, 2022 | baystreet.ca

TSX Scrapes 13-Month Low

June 16, 2022 | msn.com

Legality of Delta-8 THC challenged, sales allowed in Sedgwick County, for now

June 3, 2022 | apnews.com

The Rise of “Austin Sober:” RESTART CBD Launches Line of Hemp-Derived Delta 9 THC and CBD Products Designed to Fuel Social Fun this Summer

June 1, 2022 | benzinga.com

The Rise of "Austin Sober:" RESTART CBD...

June 1, 2022 | markets.businessinsider.com

The Rise of "Austin Sober:" RESTART CBD Launches Line of Hemp-Derived Delta 9 THC and CBD Products Designed to Fuel Social Fun this Summer

May 21, 2022 | forbes.com

Move Over Red Bull: This New Cannabis-Infused Energy Drink Energy Will Get You In High Spirits

May 12, 2022 | apnews.com

3BC Solvent-Free CBN and Delta-8 - Leading the Way to Better Cannabinoids

May 6, 2022 | msn.com

5 reasons FDA warns about delta-8 THC products

April 25, 2022 | msn.com

Shareholder Loans Almost $5M To Delta 9 Cannabis

April 14, 2022 | msn.com

Delta 9 & Fire & Flower Enter Into Separate Agreements With Manitoba To Become Cannabis Distributors

March 16, 2022 | msn.com

Wana Brands Quick Technology Changes The Game With Launch Of SPECTRUM Live Rosin Gummies

February 23, 2022 | msn.com

Johnson County DA orders businesses to stop selling Delta-8

February 11, 2022 | msn.com

What's Actually the Difference Between CBD & THC?

January 13, 2022 | finance.yahoo.com

Hometown Hero CBD Launches Hemp Delta-9 THC Gummies With Hybrid Live Rosin

January 4, 2022 | finance.yahoo.com

Exposing contractors, connecting Iowans and tracking cannabis' future. How Watchdog helped in 2021.

December 18, 2021 | benzinga.com

Are Real OG Cannabis Consumers Messing With Delta-8 THC?

December 13, 2021 | msn.com

Marijuana Can Cause This Awful Side Effect, Study Suggests

December 9, 2021 | msn.com

9 charges, 65 tickets issued in 1st week of Winnipeg holiday checkstops

November 22, 2021 | finance.yahoo.com

Resonate Blends Issues Letter to Shareholders and Provides Corporate Update

November 21, 2021 | msn.com

Don’t overlook industrial uses of cannabis

November 2, 2021 | benzinga.com

Gage Growth To Support Detroit Justice Center Via Limited Edition 'Everybody Vs. Injustice' Merchandise

November 2, 2021 | msn.com

Delta 9 Cannabis Posts Q3 Revenue Guidance: What Cannabis Investors Need To Know

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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Industry, Sector and Symbol

Stock Exchange: CVE
Industry: Drug Manufacturers - Specialty & Generic
Sub-Industry: N/A
Sector: Medical
Current Symbol: CVE:NINE
CUSIP: N/A
CIK: N/A
Web: www.delta9.ca
Phone: 855-245-1259
Fax: N/A
Employees: 79
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 19.07
Forward P/E Ratio: 5.42
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 33.00
Current Ratio: 4.44
Quick Ratio: 2.04

Sales & Book Value

Annual Sales: C$12.87 million
Price / Sales: 6.94
Cash Flow: C$0.09 per share
Price / Cash Flow: 11.91
Book Value: C$0.53 per share
Price / Book: 1.95

Miscellaneous

Outstanding Shares: 86,760,000
Free Float: N/A
Market Cap: C$89.36 million
Optionable: Optionable
Beta: N/A

Key Executives

Mr. John William Arbuthnot III (Age 65)
Co-Founder, Pres & Chairman
Mr. John William Arbuthnot IV (Age 29)
Co-Founder, CEO & Director
Mr. Jim Lawson
Interim CFO & Controller
Mr. Matthew Sodomsky
Chief Technology Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NINE Stock - Frequently Asked Questions

How has Delta 9 Cannabis' stock price performed in 2022?: Delta 9 Cannabis' stock was trading at C$1.03 at the beginning of 2022. Since then, NINE shares have increased by 0.0% and is now trading at C$1.03.
View the best growth stocks for 2022 here.
What other stocks do shareholders of Delta 9 Cannabis own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Delta 9 Cannabis investors own include Aurora Cannabis (ACB), Aurora Cannabis (ACB), Emerald Health Therapeutics (EMH), Allena Pharmaceuticals (ALNA), Bank of America (BAC), Auxly Cannabis Group (CBWTF), 298835 (GBU.TO) (GBU), Cannara Biotech (LOVE), TELUS (T) and SoFi Weekly Income ETF (TGIF).
What is Delta 9 Cannabis' stock symbol?: Delta 9 Cannabis trades on the Canadian Venture Exchange (CVE) under the ticker symbol "NINE."

How do I buy shares of Delta 9 Cannabis?: Shares of NINE 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.
What is Delta 9 Cannabis' stock price today?: One share of NINE stock can currently be purchased for approximately C$1.03.
How much money does Delta 9 Cannabis make?: Delta 9 Cannabis (CVE:NINE) has a market capitalization of C$89.36 million and generates C$12.87 million in revenue each year.
How many employees does Delta 9 Cannabis have?: Delta 9 Cannabis employs 79 workers across the globe.
How can I contact Delta 9 Cannabis?: The official website for Delta 9 Cannabis is www.delta9.ca. The company can be reached via phone at 855-245-1259.

This page (CVE:NINE) was last updated on 8/7/2022 by MarketBeat.com Staff

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Delta 9 Cannabis - NINE Stock Forecast, Price & News

Delta 9 Cannabis MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Short Interest

Short Interest

Dividend Strength

Dividend Yield

Dividend Growth

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

Search Interest

Company Ownership

Insider Buying vs. Insider Selling

Earnings and Valuation

Price to Earnings Ratio vs. the Market

Price to Earnings Ratio vs. Sector

Price to Book Value per Share Ratio

About Delta 9 Cannabis (CVE:NINE) Stock

NINE Stock News Headlines

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

NINE Stock - Frequently Asked Questions

How has Delta 9 Cannabis' stock price performed in 2022?

What other stocks do shareholders of Delta 9 Cannabis own?

What is Delta 9 Cannabis' stock symbol?

How do I buy shares of Delta 9 Cannabis?

What is Delta 9 Cannabis' stock price today?

How much money does Delta 9 Cannabis make?

How many employees does Delta 9 Cannabis have?

How can I contact Delta 9 Cannabis?

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