Aurora Cannabis TSX
AURORA CANNABIS (ACB) Stocks
ABOUT AURORA CANNABIS
Aurora Cannabis Inc. is a Canadian licensed cannabis producer with headquarters in Edmonton.
It trades on the Toronto Stock Exchange and New York Stock Exchange and has eight licensed production facilities, five sales licences, and operations in 25 countries.
It has a funded capacity of more than 625 000 kilograms of cannabis production per annum with the bulk of it based in Canada and a growing presence in international markets like Denmark and Latin America.
It is the second largest cannabis company in the world by market capitalization.
It was founded in 2006 by Terry Booth, Steve Dobler, Dale Lesack and Chris Mayerson in Mountain View County, Alberta.
In 2017 Aurora received a license from Health Canada to sell cannabis oils and sales of four product lines of cannabis oils commenced.
OVERVIEW OF AURORA CANNABIS
Aurora Cannabis Inc. and its subsidiaries produces and distributes medical cannabis.
The company has more than 2 700 full time employees and is involved in the facility engineering and design to cannabis breeding and genetics research, cannabis and hemp production, derivatives, and home cultivation. It does wholesale and retail distribution.
The company produces various strains of dried cannabis, cannabis oil and capsules, and topicals kits for medical patients. It sells vaporisers, consumable vaporiser accessories like valves, screens, etc., herb mills for using CanniMed herbal cannabis products, grinders and vaporiser lockable containers.
They develop medical cannabis products at various stages and provides patient counselling services; design and construction services; and cannabis analytical product testing services.
VISION & VALUES OF AURORA CANNABIS
- Aurora Cannabis Inc. strive to remove barriers to medical cannabis.
- They are part of a movement that try to help Canadians across the country access the medicine; and provide patients with reliable access to safe, consistent, and effective medical cannabis.
- They are committed to affordable prices, flat-rate compassionate pricing, free shipping Canada-wide and to have an influence on future strains and products.
- Aurora Cannabis Inc. adheres to its value chain to ensure the organisation reaches its goals set to meet the current and future needs of customers and maximises returns, income growth and capital appreciation for shareholders who purchase shares with them.
MARKET PERFORMANCE OF AURORA CANNABIS
Aurora Cannabis Inc.’s shares are traded on the Toronto Stock Exchange (TSX) under the stock symbol ACB.
Highlights of the company’s first quarter 2020 performance as released in December 2019 financial reports include gross profit of $ 53.7 million and 58% cannabis gross margin; indoor cash cost to produce of $ 0.85 per gram and total revenue of $ 75.6 million including medical and consumer cannabis. Net revenue was $ 60.5 million, and wholesale cannabis net revenues $ 10.3 million.
Due to Aurora Cannabis Inc.’s continued performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns in 2019 and further.
LATEST NEWS AURORA CANNABIS
Buy AURORA CANNABIS stocks / shares – ? A Step by Step Guide how to Buy / Purchase AURORA CANNABIS Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy AURORA CANNABIS Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN AURORA CANNABIS STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE AURORA CANNABIS STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of AURORA CANNABIS stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy AURORA CANNABIS stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?