Delta 9 Cannabis (TSE:DN) Trading Down 20%

Shares of Delta 9 Cannabis Inc. (TSE:DNGet Free Report) fell 20% during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 136,846 shares were traded during mid-day trading, a decline of 81% from the average session volume of 722,161 shares. The stock had previously closed at C$0.03.

Delta 9 Cannabis Stock Performance

The company has a current ratio of 0.50, a quick ratio of 0.14 and a debt-to-equity ratio of 2,156.19. The business has a 50 day moving average of C$0.03 and a 200-day moving average of C$0.03. The stock has a market cap of C$4.17 million, a PE ratio of -0.13 and a beta of 0.93.

Delta 9 Cannabis Company Profile

(Get Free Report)

Delta 9 Cannabis Inc, together with its subsidiaries, operates as an integrated cannabis company. The company engages in the cultivation, processing, extraction, wholesale distribution, retail, and sale of medical and recreational cannabis products. Its products include dried cannabis flowers, pre-rolls, and dried sift cannabis, as well as oils, and extracted and derivative products.

Further Reading

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