Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF – Get Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $2.28, but opened at $2.08. Cannabis Wheaton Income shares last traded at $2.22, with a volume of 319 shares trading hands.
Cannabis Wheaton Income Stock Performance
The company has a debt-to-equity ratio of 0.21, a current ratio of 2.23 and a quick ratio of 1.35. The firm has a fifty day simple moving average of $0.17 and a 200 day simple moving average of $0.12. The company has a market capitalization of $3.21 billion, a price-to-earnings ratio of 113.31 and a beta of 1.39.
Cannabis Wheaton Income (OTCMKTS:CBWTF – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.05 EPS for the quarter. Cannabis Wheaton Income had a return on equity of 19.84% and a net margin of 20.99%.
Cannabis Wheaton Income Company Profile
Cannabis Wheaton Income Corp. is a Canada-based company that operates as a streaming and royalty partner to licensed cannabis producers. Rather than cultivating or processing plants itself, the company provides upfront capital to fund the construction and expansion of cultivation, extraction and manufacturing facilities. In return, Cannabis Wheaton receives a percentage of revenue or in-kind production from its partners’ future harvests, creating a predictable income stream without taking on operational cannabis risks.
The company’s portfolio spans a range of revenue-sharing and product-streaming agreements with multiple Health Canada-licensed producers.
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