Drone Delivery Canada Corp. to Post Q3 2024 Earnings of ($0.01) Ventum Cap Mkts (CVE:FLT) Forecast

Drone Delivery Canada Corp. (CVE:FLT – Free Report) – Analysts at Ventum Cap Mkts issued their Q3 2024 earnings estimates for shares of Drone Delivery Canada in a research note issued to investors on Monday, September 9th. Ventum Cap Mkts analyst R. Goff anticipates that the company will post earnings per share of ($0.01) for the quarter. Ventum Cap Mkts has a “Strong-Buy” rating on the stock. The consensus estimate for Drone Delivery Canada’s current year earnings is ($0.01) per share. Ventum Cap Mkts also issued estimates for Drone Delivery Canada’s Q4 2024 earnings at ($0.01) EPS, FY2024 earnings at ($0.06) EPS, FY2025 earnings at ($0.01) EPS, FY2026 earnings at $0.02 and EPS $0.027.

Drone delivery Canada inventory down 4.5%

FLT opened at $0.21 on Wednesday. The company has a 50-day moving average of $0.18 and a 200-day moving average of $0.21. The company has a market cap of $47.08 million, a PE ratio of -7.00 and a beta of 0.94. Drone Delivery Canada has a 12 month low of $0.10 and a 12 month high of $0.40. The company has a current ratio of 0.59, a quick ratio of 9.02, and a debt-to-equity ratio of 6.90.

About Drone Delivery Canada

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

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