Atb Cap Markets Research Analysts Lower Earnings Estimates for Decibel Cannabis Company Inc. (CVE:DB)

Decibel Cannabis Company Inc. (CVE:DB) – Research analysts at Atb Cap Markets decreased their Q3 2024 EPS estimates for shares of Decibel Cannabis in a research note issued on Monday, April 29th. Atb Cap Markets analyst F. Gomes now expects that the company will post earnings per share of $0.00 for the quarter, down from their previous forecast of $0.01. The consensus estimate for Decibel Cannabis’ current full-year earnings is $0.04 per share. Atb Cap Markets also issued estimates for Decibel Cannabis’ Q4 2024 earnings at $0.00 EPS, FY2024 earnings at $0.01 EPS and FY2025 earnings at $0.03 EPS.

Decibel Cannabis Trading Down 3.8 %

Shares of DB stock opened at C$0.13 on Wednesday. The stock’s 50 day moving average is C$0.12. Decibel Cannabis has a 52 week low of C$0.10 and a 52 week high of C$0.19. The firm has a market cap of C$51.13 million, a P/E ratio of -12.50 and a beta of 1.04.

About Decibel Cannabis

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.