Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest announcement is out from MTL Cannabis ( (TSE:MTLC) ).
MTL Cannabis Corp. reported a revenue increase to $25.6 million for the third quarter, marking an 8% rise from the previous year. Despite a decrease in operating and net income, the company achieved significant net cash inflows from operating activities, reflecting strong cash flow management and operational efficiency.
More about MTL Cannabis
MTL Cannabis Corp. operates in the cannabis industry, focusing on the production and distribution of quality cannabis products. The company is committed to delivering high-quality products and services, which contribute to its positive operating income and strong margins.
YTD Price Performance: 86.47%
Average Trading Volume: 1,120
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $33.43M
For a thorough assessment of MTLC stock, go to TipRanks’ Stock Analysis page.