Shares of SugarBud Craft Growers Corp (CVE:SUGR) rose 9.1% on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.06, approximately 584,700 shares traded hands during mid-day trading. An increase of 100% from the average daily volume of 292,451 shares. The stock had previously closed at C$0.06.
The company has a quick ratio of 0.16, a current ratio of 0.27 and a debt-to-equity ratio of 23.23. The company has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.11. The stock has a market cap of $23.36 million and a P/E ratio of 0.05.
About SugarBud Craft Growers (CVE:SUGR)
SugarBud Craft Growers Corp. engages in the development, acquisition, and production of cannabis in Canada. The company was formerly known as Relentless Resources Ltd. and changed its name to SugarBud Craft Growers Corp. in October 2018. The company is headquartered in Calgary, Alberta.
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