Brokers Issue Forecasts for CVE:DB FY2025 Earnings

Decibel Cannabis Company Inc. (CVE:DB) – Equities research analysts at Atb Cap Markets issued their FY2025 earnings per share (EPS) estimates for 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 earn $0.02 per share 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 issued reports on the company. Ventum Financial dropped their price target on Decibel Cannabis from C$0.25 to C$0.20 in a research report on Thursday, August 15th. ATB Capital dropped their price target on Decibel Cannabis from C$0.50 to C$0.40 in a research report on Thursday, August 15th.

Decibel Cannabis Price Performance

DB stock opened at C$0.09 on Monday. The business has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.07. The firm has a market capitalization of C$34.77 million, a PE ratio of -8.50 and a beta of 1.03. Decibel Cannabis has a 1 year low of C$0.04 and a 1 year high of C$0.17.

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