Atb Cap Markets Forecasts CVE:DB FY2025 Earnings

Decibel Cannabis Company Inc. (CVE:DB) – Stock analysts at Atb Cap Markets issued their FY2025 earnings per share estimates for shares of Decibel Cannabis in a research report issued to clients and investors on Wednesday, October 30th. Atb Cap Markets analyst F. Gomes forecasts that the company will post earnings per share of $0.02 for the year. The consensus estimate for Decibel Cannabis’ current full-year earnings is $0.01 per share.

A number of other equities research analysts have also weighed in on the stock. Ventum Cap Mkts upgraded shares of Decibel Cannabis to a “strong-buy” rating in a report on Monday, July 8th. ATB Capital decreased their price target on Decibel Cannabis from C$0.50 to C$0.40 in a report on Thursday, August 15th. Finally, Ventum Financial cut their target price on Decibel Cannabis from C$0.25 to C$0.20 in a research report on Thursday, August 15th.

Decibel Cannabis Stock Performance

DB stock opened at C$0.09 on Monday. Decibel Cannabis has a fifty-two week low of C$0.04 and a fifty-two week high of C$0.17. The company’s 50 day moving average price is C$0.06 and its 200 day moving average price is C$0.07. The firm has a market capitalization of C$34.77 million, a price-to-earnings ratio of -8.50 and a beta of 1.03.

Decibel Cannabis Company Profile

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, cannabis infused products, cannabis extracts, and glass tube packaging for pre-rolls.