Cannabis Wheaton Income (OTCMKTS:CBWTF – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.05 earnings per share for the quarter, Zacks reports. Cannabis Wheaton Income had a return on equity of 19.84% and a net margin of 20.99%.
Cannabis Wheaton Income Price Performance
CBWTF remained flat at $0.13 during trading on Friday. The stock’s fifty day moving average is $0.12 and its 200-day moving average is $0.11. 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 market cap of $180.87 million, a price-to-earnings ratio of 6.38 and a beta of 1.39. Cannabis Wheaton Income has a twelve month low of $0.08 and a twelve month high of $0.16.
About Cannabis Wheaton Income
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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