Decibel Cannabis Company Inc. to Post FY2025 Earnings of $0.02 Per Share, Echelon Wealth Partners Forecasts (CVE:DB)

Decibel Cannabis Company Inc. (CVE:DB) – Stock analysts at Echelon Wealth Partners reduced their FY2025 earnings per share (EPS) estimates for shares of Decibel Cannabis in a report issued on Tuesday, April 30th. Echelon Wealth Partners analyst A. Semple now forecasts that the company will earn $0.02 per share for the year, down from their prior forecast of $0.03. The consensus estimate for Decibel Cannabis’ current full-year earnings is $0.04 per share.

Decibel Cannabis Stock Down 8.0 %

Shares of DB stock opened at C$0.12 on Thursday. The firm has a market capitalization of C$47.04 million, a price-to-earnings ratio of -11.50 and a beta of 1.04. The company’s 50-day moving average price is C$0.12. Decibel Cannabis has a 12 month low of C$0.10 and a 12 month high of C$0.19.

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 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.