Penny Stocks Articles

Aurora Stock (TSX:ACB) (NYSE:ACB) Soars As Earnings Top Estimates

Canadian cannabis firm Aurora Cannabis (TSX:ACB) (NYSE:ACB) has been in all sorts of trouble for the better part of the past months. Considering the fact that it is one of the biggest cannabis firms in the industry, there was a lot of anticipation around its fiscal third-quarter results.

Solid Earnings

The results were released on Thursday, and Aurora reported a loss of $137.4 million. While that is a significant loss, it should be noted that in the prior three months, the company had posted a loss of as much as $1.3 billion. Aurora’s sales rose to $78.4 million for the … Read More

Cannabis

Curaleaf Stock Gains Momentum At Lower Level

Curaleaf Holdings (CSE:CURA) (OTCQX:CURLF) is now firmly established the biggest multi-state cannabis operators in the United States, and it has expanded its footprint to 17 states in the country. As such, it is also one of the better-known stocks in the cannabis space. That being said, the coronavirus pandemic has come as a major blow.

Major Triggers

Several industries are now in crisis, and it is more pronounced for the cannabis industry since many companies were already struggling with the cash crunch. In such a situation, it could be worthwhile to figure out if Curaleaf is worth investing in.

The … Read More

Cannabis

Is HEXO Stock A Better Long-Term Investment Option Now?

The market has rebounded somewhat in recent days in the hopes of the reopening of the economy following the coronavirus pandemic induced lockdown. However, the situation has not been great with pot stocks, which have continued to remain depressed. That being said, it is also true that it could be the perfect opportunity for investors to make clever investments in some of the notable pot stocks in the market. One of the pot stocks that stand out at this point in time is the HEXO Corp (TSX:HEXO) (NYSE:HEXO). There are some factors that make it one of the more compelling … Read More