Q1 Earnings Estimate for CVE:FLT Issued By Ventum Cap Mkts

Drone Delivery Canada Corp. (CVE:FLT) – Equities researchers at Ventum Cap Mkts issued their Q1 2025 EPS estimates for Drone Delivery Canada in a research report issued on Wednesday, March 26th. Ventum Cap Mkts analyst R. Goff forecasts that the company will earn ($0.01) per share for the quarter. The consensus estimate for Drone Delivery Canada’s current full-year earnings is ($0.01) per share.

Separately, Ventum Financial decreased their target price on shares of Drone Delivery Canada from C$38.00 to C$32.00 and set a “buy” rating for the company in a research note on Wednesday.

Drone Delivery Canada Stock Up 8.8 %

Shares of Drone Delivery Canada stock opened at C$0.19 on Thursday. The company has a market cap of C$84.83 million, a P/E ratio of -3.75 and a beta of 0.94. Drone Delivery Canada has a 1 year low of C$0.10 and a 1 year high of C$0.38. The company has a current ratio of 0.46, a quick ratio of 9.02 and a debt-to-equity ratio of 67.19. The stock has a 50-day moving average price of C$0.18 and a 200 day moving average price of C$0.17.

Drone Delivery Canada Company Profile

Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution.