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Canopy Growth (CGC) Stock

Profile

Sector:

Healthcare

Country:

Canada

IPO:

07 April 2014

Indexes:

Not included

Description:

Canopy Growth Corporation (CGC) is a Canadian company that produces and sells cannabis products. They focus on medical and recreational marijuana, offering a variety of products like oils, edibles, and dried flowers. CGC aims to lead the cannabis industry with innovation and quality.

Key Details

Price

$3.90

Annual Revenue

$220.24 M(-12.63% YoY)

Annual EPS

-$6.52(+87.82% YoY)

Annual ROE

-104.51%

Beta

0.63

Events Calendar

Earnings

Next earnings date:

Feb 07, 2025

Recent quarterly earnings:

Nov 08, 2024

Recent annual earnings:

May 30, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Dec 20, 2023

Analyst ratings

Recent major analysts updates

09 July '24 Piper Sandler
Underweight
15 Sept '23 B of A Securities
Underperform
12 June '23 CIBC
Underperformer
02 May '23 Piper Sandler
Underweight
17 Feb '23 Cantor Fitzgerald
Neutral
07 Nov '22 Cantor Fitzgerald
Neutral
02 Nov '22 Bernstein
Underperform
26 Oct '22 Cantor Fitzgerald
Neutral
30 Sept '22 Barclays
Underweight
08 Aug '22 Piper Sandler
Underweight

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Institutional Ownership

Struggling pot company Canopy Growth taps turnaround pro from outside the industry as CEO
Struggling pot company Canopy Growth taps turnaround pro from outside the industry as CEO
Struggling pot company Canopy Growth taps turnaround pro from outside the industry as CEO
CGC
marketwatch.com26 November 2024

With its stock price down about 19% so far this year and a string of money-losing quarters, Canopy Growth tapped Luc Mongeau as chief executive, taking over from David Klein on Jan. 6.

Canopy Growth Announces Mr. Luc Mongeau As The Company's Next CEO
Canopy Growth Announces Mr. Luc Mongeau As The Company's Next CEO
Canopy Growth Announces Mr. Luc Mongeau As The Company's Next CEO
CGC
prnewswire.com26 November 2024

An accomplished senior leader with more than 25 years of CPG experience, Mr. Mongeau has been actively engaged with the Company's board for nearly two years This appointment follows a comprehensive search to succeed Mr.

Canadian Gold Corp. Announces Non-Brokered Financing to Advance Phase 4 Exploration at Tartan
Canadian Gold Corp. Announces Non-Brokered Financing to Advance Phase 4 Exploration at Tartan
Canadian Gold Corp. Announces Non-Brokered Financing to Advance Phase 4 Exploration at Tartan
CGC
newsfilecorp.com20 November 2024

Toronto, Ontario--(Newsfile Corp. - November 20, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") announces a non-brokered private placement offering of up to $750,000, by the issuance of flow-through common shares at a price of $0.19 per share. The proceeds raised from the issuance of flow-through common shares will be used to incur eligible Canadian exploration expenditures at the Company's Tartan Mine near Flin Flon, Manitoba, to advance its Phase 4 exploration program.

Canadian Gold Corp. Phase 3 Drilling at Tartan Mine Returns Multiple High-Grade Intercepts over Good Widths Extending Main Zone to the West Well Below Resource; Potential to Expand Resource Remains Excellent
Canadian Gold Corp. Phase 3 Drilling at Tartan Mine Returns Multiple High-Grade Intercepts over Good Widths Extending Main Zone to the West Well Below Resource; Potential to Expand Resource Remains Excellent
Canadian Gold Corp. Phase 3 Drilling at Tartan Mine Returns Multiple High-Grade Intercepts over Good Widths Extending Main Zone to the West Well Below Resource; Potential to Expand Resource Remains Excellent
CGC
newsfilecorp.com14 November 2024

Toronto, Ontario--(Newsfile Corp. - November 14, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company")  is pleased to announce results from its Phase 3 Drill Program at the Tartan Mine, located near Flin Flon, Manitoba. Results in this news release have extended the high-grade mineralization along the western limits of the Main Zone (MZ) and continue to highlight a separate, longer-term opportunity of lower-grade bulk tonnage.

Canopy Growth Corporation (CGC) Reports Q2 Loss, Misses Revenue Estimates
Canopy Growth Corporation (CGC) Reports Q2 Loss, Misses Revenue Estimates
Canopy Growth Corporation (CGC) Reports Q2 Loss, Misses Revenue Estimates
CGC
zacks.com08 November 2024

Canopy Growth Corporation (CGC) came out with a quarterly loss of $0.95 per share versus the Zacks Consensus Estimate of a loss of $0.38. This compares to loss of $1.80 per share a year ago.

3 Marijuana Stocks For Today's Trader
3 Marijuana Stocks For Today's Trader
3 Marijuana Stocks For Today's Trader
CGC
marijuanastocks.com30 October 2024

Marijuana stock investors are keeping a close eye on the sector. The reason for this is all that is occurring in the sector at this time. We have companies preparing to report earnings on top of the politics surrounding the promises of the presidential election. Politics can greatly impact trading depending on the circumstances. For instance, when a politician speaks in favor of legal cannabis, it has the potential to create a rise in trading.

Canopy Growth Corporation (CGC) Increases Despite Market Slip: Here's What You Need to Know
Canopy Growth Corporation (CGC) Increases Despite Market Slip: Here's What You Need to Know
Canopy Growth Corporation (CGC) Increases Despite Market Slip: Here's What You Need to Know
CGC
zacks.com23 October 2024

Canopy Growth Corporation (CGC) closed the most recent trading day at $5.04, moving +1.2% from the previous trading session.

Canopy Growth Further Improves Balance Sheet with Early Prepayment to Reduce Term Loan by US$100 Million and Ensures Maturity Extension to at Least December 2026
Canopy Growth Further Improves Balance Sheet with Early Prepayment to Reduce Term Loan by US$100 Million and Ensures Maturity Extension to at Least December 2026
Canopy Growth Further Improves Balance Sheet with Early Prepayment to Reduce Term Loan by US$100 Million and Ensures Maturity Extension to at Least December 2026
CGC
prnewswire.com17 October 2024

SMITHS FALLS, ON , Oct. 17, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC), a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives, announced today that it has made an early prepayment under its senior secured term loan (the "Term Loan") in an aggregate principal amount equal to US$100 million at a discounted price of US$97.5 million. This proactive move, which in addition to reducing the Company's leverage results in annualized interest expense savings of approximately US$14 million, underscores the Company's strong commitment to fiscal discipline and further strengthens its financial position as it continues to execute on its strategic priorities.

Top Marijuana Stocks For Making Gains In The Sector
Top Marijuana Stocks For Making Gains In The Sector
Top Marijuana Stocks For Making Gains In The Sector
CGC
marijuanastocks.com16 October 2024

When looking for top marijuana stocks what would a person look for or do? Like all things, you need to do your homework. Some various sectors and companies make up the cannabis industry. Progress and success can mean better gains in the market. The cannabis industry as a whole has come a long way since it first began. Now with almost every state in the US having legal cannabis operations are growing for most companies. Also, places like Canada and certain parts of Europe have a legal cannabis industry as well.

Canadian Gold Corp. Announces Initial Results from Phase 3 Drilling at Tartan Mine Extends High-Grade Mineralization to the West 7.3 gpt Gold over 7.0 Metres & Discovers Potential New Zone
Canadian Gold Corp. Announces Initial Results from Phase 3 Drilling at Tartan Mine Extends High-Grade Mineralization to the West 7.3 gpt Gold over 7.0 Metres & Discovers Potential New Zone
Canadian Gold Corp. Announces Initial Results from Phase 3 Drilling at Tartan Mine Extends High-Grade Mineralization to the West 7.3 gpt Gold over 7.0 Metres & Discovers Potential New Zone
CGC
newsfilecorp.com16 October 2024

Toronto, Ontario--(Newsfile Corp. - October 16, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce initial results from its Phase 3 Drill Program at the Tartan Mine, located near Flin Flon, Manitoba. Results in this news release have 1) Extended the high-grade mineralization along the western limits of the Main Zone (MZ) and 2) Discovered a potential parallel zone, located 100 metres south of the MZ (Fig.

FAQ

  • What is the primary business of Canopy Growth?
  • What is the ticker symbol for Canopy Growth?
  • Does Canopy Growth pay dividends?
  • What sector is Canopy Growth in?
  • What industry is Canopy Growth in?
  • What country is Canopy Growth based in?
  • When did Canopy Growth go public?
  • Is Canopy Growth in the S&P 500?
  • Is Canopy Growth in the NASDAQ 100?
  • Is Canopy Growth in the Dow Jones?
  • When was Canopy Growth's last earnings report?
  • When does Canopy Growth report earnings?

What is the primary business of Canopy Growth?

Canopy Growth Corporation (CGC) is a Canadian company that produces and sells cannabis products. They focus on medical and recreational marijuana, offering a variety of products like oils, edibles, and dried flowers. CGC aims to lead the cannabis industry with innovation and quality.

What is the ticker symbol for Canopy Growth?

The ticker symbol for Canopy Growth is NASDAQ:CGC

Does Canopy Growth pay dividends?

No, Canopy Growth does not pay dividends

What sector is Canopy Growth in?

Canopy Growth is in the Healthcare sector

What industry is Canopy Growth in?

Canopy Growth is in the Drug Manufacturers - Specialty & Generic industry

What country is Canopy Growth based in?

Canopy Growth is headquartered in Canada

When did Canopy Growth go public?

Canopy Growth's initial public offering (IPO) was on 07 April 2014

Is Canopy Growth in the S&P 500?

No, Canopy Growth is not included in the S&P 500 index

Is Canopy Growth in the NASDAQ 100?

No, Canopy Growth is not included in the NASDAQ 100 index

Is Canopy Growth in the Dow Jones?

No, Canopy Growth is not included in the Dow Jones index

When was Canopy Growth's last earnings report?

Canopy Growth's most recent earnings report was on 8 November 2024

When does Canopy Growth report earnings?

The next expected earnings date for Canopy Growth is 7 February 2025