Canopy Growth(CGC)

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Canopy Growth Corporation (CGC) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2025-07-25 22:51
Company Performance - Canopy Growth Corporation (CGC) closed at $1.14, reflecting a +2.7% increase from the previous day, outperforming the S&P 500's gain of 0.4% [1] - The stock has decreased by 10.48% over the past month, underperforming the Medical sector's gain of 1.19% and the S&P 500's gain of 4.61% [1] Earnings Expectations - Analysts anticipate Canopy Growth Corporation to report earnings of -$0.11 per share, indicating a year-over-year growth of 70.27% [2] - The consensus estimate for quarterly revenue is $48.08 million, which represents a decline of 0.64% compared to the same period last year [2] Full Year Projections - For the full year, analysts expect earnings of -$0.43 per share and revenue of $199.33 million, reflecting changes of +85.57% and +3.12% respectively from the previous year [3] Analyst Estimate Revisions - Recent modifications to analyst estimates for Canopy Growth Corporation are crucial as they indicate changing business trends, with positive revisions suggesting increased confidence in performance [4] - The Zacks Rank system, which incorporates these estimate changes, provides actionable ratings based on stock performance [5] Zacks Rank and Industry Position - Canopy Growth Corporation currently holds a Zacks Rank of 3 (Hold), with a recent downward shift of 5.69% in the consensus EPS estimate [6] - The Medical - Products industry, part of the Medical sector, has a Zacks Industry Rank of 175, placing it in the bottom 30% of over 250 industries [7]
Top Canadian Cannabis Picks for U.S. Market Expansion in 2025
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2025-07-19 14:00
Canadian Pot Stocks to Watch Right NowAs cannabis markets shift this week, Canadian cannabis stocks are once again gaining investor attention. At the same time, the U.S. industry continues to grow rapidly. In 2024, legal cannabis sales in the U.S. reached nearly $39 billion. Projections suggest that the number could climb past $44 billion in 2025. Growth is expected to continue at a strong pace through the decade. Despite this momentum, federal legalization remains stalled. However, several U.S. states are ...
Canopy Growth Corporation (CGC) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2025-07-18 22:51
Company Performance - Canopy Growth Corporation (CGC) closed at $1.09, reflecting a -1.8% change from the previous day, underperforming the S&P 500's loss of 0.01% [1] - Prior to the latest trading session, the company's shares had decreased by 13.95%, contrasting with the Medical sector's loss of 1.59% and the S&P 500's gain of 5.37% [1] Upcoming Earnings - The company is expected to report an EPS of -$0.11, which represents a 70.27% improvement from the same quarter last year [2] - Revenue is anticipated to be $48.08 million, indicating a 0.64% decline compared to the same quarter last year [2] Full Year Estimates - For the full year, the Zacks Consensus Estimates project an EPS of -$0.43 and revenue of $199.33 million, showing changes of +85.57% and +3.12% respectively from the previous year [3] Analyst Estimates - Recent modifications to analyst estimates for Canopy Growth Corporation reflect short-term business trends, with upward revisions indicating analysts' positive outlook on the company's operations [4] - The Zacks Rank system, which incorporates these estimate changes, provides a rating system for stocks [5] Zacks Rank - Canopy Growth Corporation currently holds a Zacks Rank of 3 (Hold), with a 5.69% downward shift in the consensus EPS estimate over the past month [6] Industry Context - The Medical - Products industry, which includes Canopy Growth Corporation, has a Zacks Industry Rank of 169, placing it in the bottom 32% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [7]
Canadian Gold Corp. Field Exploration Underway at Hammond Reef South and Tartan West
Newsfile· 2025-07-17 11:30
Canadian Gold Corp. Field Exploration Underway at Hammond Reef South and Tartan WestJuly 17, 2025 7:30 AM EDT | Source: Canadian Gold Corp.Flin Flon, Manitoba--(Newsfile Corp. - July 17, 2025) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce the commencement of two independent field exploration programs, one at the Tartan West Property (recently optioned from Hudbay Minerals Inc.) located immediately adjacent to the west of the Tartan Mine Property in ...
2 Beaten-Down Stocks That Haven't Hit Rock Bottom Yet
The Motley Fool· 2025-07-11 10:00
Group 1: Canopy Growth - Canopy Growth has been a disappointing investment over the past five years, with a significant decline in net revenue and increased losses per share [3][4] - The cannabis industry faces challenges such as legal and regulatory issues, competition from illicit markets, and oversupply, particularly in Canada [5][6] - Despite cost-cutting efforts and a focus on in-demand products, the long-term outlook for Canopy Growth remains bleak, with expectations of further stock decline [6][7] Group 2: Novavax - Novavax reported substantial revenue growth in the first quarter, with revenue of $666.7 million and a net income of $518.6 million, a significant improvement from the previous year [8] - The company has positive results from phase 3 studies for its influenza and combination COVID-19 vaccines, along with partnerships with major pharmaceutical companies [8][9] - However, the long-term sustainability of Novavax's performance is questionable due to market unpredictability, competition from leaders like Moderna and Pfizer, and reliance on external funding for future trials [10][12][13]
Canadian Gold Corp. Closes Over-Subscribed Private Placement for New Hammond Reef South Program
Newsfile· 2025-06-30 20:30
Core Viewpoint - Canadian Gold Corp. has successfully closed an over-subscribed private placement, raising gross proceeds of $385,000 through the issuance of 1,203,125 flow-through common shares at a price of $0.32 per share [1][2]. Group 1: Financial Details - The gross proceeds from the private placement will be allocated to follow-up exploration work at the 100%-owned Hammond Reef South property and other Canadian projects [2]. - The company incurred a cash finder's fee of $19,250 in connection with the offering [4]. - All securities issued are subject to a hold period of four months and one day, pending final approval from the TSX Venture Exchange [4]. Group 2: Company Background - Canadian Gold Corp. is focused on mineral exploration and development, particularly aiming to expand the high-grade gold resource at the historic Tartan Mine in Flin Flon, Manitoba, which has an indicated mineral resource estimate of 240,000 oz gold [7][8]. - The company also holds a 100% interest in exploration properties in Ontario and Quebec, adjacent to major gold mines and development projects [8].
Here Is A List Of 3 Canadian Marijuana Stocks To Watch 2025
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2025-06-25 14:46
Industry Overview - The outlook for investing in marijuana stocks has shifted, with the sector experiencing continuous dips and a lack of upward momentum, leading shareholders to consider cutting losses or remaining patient for market changes [1] - Historical volatility in trading has resulted in insufficient time for investors to take profits, prompting a focus on long-term strategies as hopes remain high for federal legalization of cannabis to ease market tensions [2] Company Highlights - **Tilray Brands, Inc.** has achieved a significant milestone by becoming the first authorized company to distribute medical cannabis in Italy, highlighting the therapeutic role of medical cannabis [6][7] - **Canopy Growth Corporation** operates in the production, distribution, and sale of cannabis and related products across multiple countries, including Canada, Germany, and Australia [7] - **Village Farms International, Inc.** has regained compliance with Nasdaq listing requirements, with its stock now meeting the minimum closing bid price of US$1.00 per share [14] Financial Performance - Village Farms International reported a net revenue decrease of 11% in Q4 FY2025, with a consolidated gross margin decline of 500 basis points to 16% [14] - The operating loss from continuing operations for Village Farms was $18 million in Q4 FY2025, showing an improvement of 83% [14] - Free cash flow for Village Farms was an outflow of $36 million in Q4 FY2025, which represents a 60% increase in outflow [14]
Canopy Growth Corporation (CGC) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-06-23 23:01
Company Performance - Canopy Growth Corporation (CGC) closed at $1.19, down 4.03% from the previous trading session, underperforming the S&P 500's gain of 0.96% [1] - The stock has decreased by 32.24% over the past month, contrasting with the Medical sector's loss of 0.85% and the S&P 500's gain of 0.5% [1] Earnings Projections - The upcoming earnings report is projected to show an earnings per share (EPS) of -$0.1, which represents a 72.97% increase from the same quarter last year [2] - Revenue is anticipated to be $48.08 million, indicating a 0.64% decrease from the same quarter last year [2] Full Year Estimates - For the full year, earnings are projected at -$0.41 per share and revenue at $199.33 million, reflecting changes of +86.24% and +3.12% respectively from the previous year [3] - Recent analyst estimate revisions suggest a positive outlook for the company's business and profitability [3] Analyst Ratings - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Canopy Growth Corporation at 3 (Hold) [5] - The consensus EPS projection has increased by 22.27% in the past 30 days, indicating some analyst optimism [5] Industry Context - The Medical - Products industry, part of the Medical sector, holds a Zacks Industry Rank of 164, placing it in the bottom 34% of over 250 industries [6] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [6]
Canadian Gold Corp. Private Placement Offering for New Hammond Reef South Program to Follow up 2024 Surface Samples That Returned 35.4 g/t Gold
Newsfile· 2025-06-19 11:30
Core Points - Canadian Gold Corp. plans a follow-up program on the newly discovered high-grade gold zone at Hammond Reef South, which returned surface samples of 35.4 g/t and 7.1 g/t gold [2][3] - The Hammond Reef South property was acquired in 2023 to enhance the company's mineral rights around major Canadian mines, with a mineralization stock work vein system identified [3][12] - The 2025 program will include surface work and a geophysical program to evaluate the gold system's extent and refine drilling targets [4] Company Strategy - The company aims to expand its high-grade gold resource at the Tartan Mine and holds interests in properties adjacent to significant gold mines in Canada [12] - A private placement offering of up to 859,375 flow-through common shares at $0.32 per share is planned to fund the program, potentially raising up to $275,000 [5][6] Geological Context - The Hammond Reef South property is located near Agnico Eagle's Hammond Reef Project, which has over 5 million ounces of gold in mineral resources [2][12] - The identified vein system has a minimum strike length of 80 meters and widths up to 20 meters, with significant gold grades reported from channel samples [3][4]
Canopy Growth Corporation (CGC) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-06-16 22:51
Company Performance - Canopy Growth Corporation (CGC) closed at $1.45, reflecting a -2.03% change from the previous day's closing price, underperforming the S&P 500 which gained 0.94% [1] - Prior to the recent trading session, shares of Canopy Growth had decreased by 10.84%, lagging behind the Medical sector's gain of 4.95% and the S&P 500's gain of 1.67% [1] Earnings Projections - The upcoming earnings per share (EPS) for Canopy Growth is projected at -$0.1, indicating a 72.97% increase compared to the same quarter of the previous year [2] - Revenue is expected to be $48.08 million, which represents a 0.64% decline compared to the year-ago quarter [2] Full Year Estimates - For the full year, the Zacks Consensus Estimates project an EPS of -$0.41 and revenue of $199.33 million, showing increases of +86.24% and +3.12% respectively from the previous year [3] - Recent changes in analyst estimates suggest a positive outlook for Canopy Growth, indicating optimism about the business and profitability [3] Analyst Ratings - The Zacks Rank system, which integrates estimate changes, currently ranks Canopy Growth Corporation at 3 (Hold) [5] - Over the past month, the Zacks Consensus EPS estimate has increased by 22.27% [5] Industry Context - The Medical - Products industry, which includes Canopy Growth, holds a Zacks Industry Rank of 155, placing it in the bottom 37% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]