Delta 9 Cannabis Inc. (TSE:DN – Get Free Report) was up 25% during trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.05. Approximately 2,136,096 shares changed hands during mid-day trading, an increase of 232% from the average daily volume of 643,727 shares. The stock had previously closed at C$0.04.
Delta 9 Cannabis Trading Up 62.5 %
The stock has a fifty day moving average of C$0.02 and a 200 day moving average of C$0.03. The company has a debt-to-equity ratio of 2,156.19, a quick ratio of 0.14 and a current ratio of 0.50. The company has a market capitalization of C$13.54 million, a PE ratio of -0.27 and a beta of 0.93.
About Delta 9 Cannabis
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.
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