Cannabis Wheaton Income (OTCMKTS:CBWTF – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.09 earnings per share (EPS) for the quarter, Zacks reports. Cannabis Wheaton Income had a net margin of 19.74% and a return on equity of 18.36%.
Cannabis Wheaton Income Stock Up 1.6%
Shares of CBWTF traded up $0.04 during mid-day trading on Thursday, reaching $2.55. 16,003 shares of the stock traded hands, compared to its average volume of 41,745. The stock has a fifty day simple moving average of $2.45 and a 200 day simple moving average of $0.77. Cannabis Wheaton Income has a 12-month low of $1.06 and a 12-month high of $2.75. The company has a quick ratio of 1.35, a current ratio of 2.23 and a debt-to-equity ratio of 0.21. The firm has a market cap of $263.34 million, a price-to-earnings ratio of 13.42 and a beta of 1.46.
About Cannabis Wheaton Income
Cannabis Wheaton Income Corp. was a Canadian cannabis company that later changed its name to Auxly Cannabis Group Inc. The company developed a financing model for cannabis producers, providing capital and other support in exchange for rights to a portion of their future production. Auxly went on to focus on developing and selling cannabis products, including products for Canada’s adult-use and medical markets. Its activities included cultivation, processing, product development and distribution.
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