Aurora Cannabis (TSE:ACB) Announces Quarterly Earnings Results

Aurora Cannabis (TSE:ACB) released its earnings results on Thursday. The company reported C($0.99) earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$38.01 million during the quarter. Aurora Cannabis had a negative return on equity of 1.15% and a negative net margin of 1.69%.

Aurora Cannabis Stock Performance

TSE:ACB opened at C$4.59 on Thursday. The business has a 50 day moving average of C$4.78 and a 200 day moving average of C$5.32. The company has a market capitalization of C$271.39 million, a price-to-earnings ratio of -3.06 and a beta of 0.17. Aurora Cannabis has a 1-year low of C$4.29 and a 1-year high of C$9.33. The company has a debt-to-equity ratio of 25.02, a current ratio of 3.06 and a quick ratio of 2.48.

About Aurora Cannabis

Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Aurora, CanniMed, Daily Special, MedReleaf, and San Rafael ’71. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements or cultivation facilities in more than 20 countries.