Q1 Earnings Estimate for CVE:FLT Issued By Ventum Cap Mkts

Drone Delivery Canada Corp. (CVE:FLT) – Equities research analysts at Ventum Cap Mkts issued their Q1 2025 EPS estimates for shares of Drone Delivery Canada in a report issued on Wednesday, March 26th. Ventum Cap Mkts analyst R. Goff expects that the company will post earnings per share of ($0.01) for the quarter. The consensus estimate for Drone Delivery Canada’s current full-year earnings is ($0.01) per share.

Separately, Ventum Financial cut their price target on Drone Delivery Canada from C$38.00 to C$32.00 and set a “buy” rating for the company in a report on Wednesday.

Drone Delivery Canada Price Performance

FLT stock opened at C$0.18 on Thursday. The stock’s 50 day moving average price is C$0.18 and its 200 day moving average price is C$0.17. The firm has a market cap of C$82.54 million, a P/E ratio of -3.65 and a beta of 0.94. The company has a debt-to-equity ratio of 67.19, a quick ratio of 9.02 and a current ratio of 0.46. Drone Delivery Canada has a 1 year low of C$0.10 and a 1 year high of C$0.38.

About Drone Delivery Canada

Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution.