Atb Cap Markets Comments on CVE:DB FY2025 Earnings

Decibel Cannabis Company Inc. (CVE:DB) – Analysts at Atb Cap Markets issued their FY2025 earnings estimates for shares of Decibel Cannabis in a research note issued to investors on Wednesday, October 30th. Atb Cap Markets analyst F. Gomes forecasts that the company will post earnings of $0.02 per share for the year. The consensus estimate for Decibel Cannabis’ current full-year earnings is $0.01 per share.

A number of other research firms have also weighed in on DB. Ventum Financial cut their price objective on shares of Decibel Cannabis from C$0.25 to C$0.20 in a research note on Thursday, August 15th. ATB Capital cut their price target on Decibel Cannabis from C$0.50 to C$0.40 in a research report on Thursday, August 15th. Finally, Ventum Cap Mkts raised Decibel Cannabis to a “strong-buy” rating in a report on Monday, July 8th.

Decibel Cannabis Stock Up 21.4 %

CVE:DB opened at C$0.09 on Monday. The firm has a 50 day moving average of C$0.06 and a 200 day moving average of C$0.07. Decibel Cannabis has a 52 week low of C$0.04 and a 52 week high of C$0.17. The stock has a market capitalization of C$34.77 million, a price-to-earnings ratio of -8.50 and a beta of 1.03.

About Decibel Cannabis

Decibel Cannabis Company Inc, an integrated cannabis company, engages in the cannabis cultivation, processing, and sale of cannabis flower products in Canada. It is also involved in the extraction, processing, and manufacturing vape cartridges, cannabis infused products, cannabis extracts, and glass tube packaging for pre-rolls.