Auxly Cannabis Group Inc (CVE:XLY) shares shot up 10% during mid-day trading on Monday . The stock traded as high as C$0.90 and last traded at C$0.88. 3,562,876 shares traded hands during trading, an increase of 119% from the average session volume of 1,628,073 shares. The stock had previously closed at C$0.80.
Separately, AltaCorp Capital reiterated an “outperform” rating on shares of Auxly Cannabis Group in a research report on Monday, January 7th.
The stock has a market capitalization of $453.90 million and a PE ratio of -8.90. The company has a debt-to-equity ratio of 25.37, a quick ratio of 13.85 and a current ratio of 15.31.
Auxly Cannabis Group Company Profile (CVE:XLY)
Auxly Cannabis Group Inc operates as a cannabis streaming company. It provides funding for cannabis production; and holds contractual rights and minority equity interest relating to the operation of cannabis facilities. The company was formerly known as Cannabis Wheaton Income Corp. and changed its name to Auxly Cannabis Group Inc in June 2018.
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