Ventum Cap Mkts Estimates CVE:FLT FY2025 Earnings

Drone Delivery Canada Corp. (CVE:FLT) – Research analysts at Ventum Cap Mkts issued their FY2025 EPS estimates for shares of Drone Delivery Canada in a note issued to investors on Wednesday, March 26th. Ventum Cap Mkts analyst R. Goff anticipates that the company will earn ($0.01) per share for the year. The consensus estimate for Drone Delivery Canada’s current full-year earnings is ($0.01) per share. Ventum Cap Mkts also issued estimates for Drone Delivery Canada’s FY2026 earnings at $0.00 EPS.

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

Drone Delivery Canada Stock Performance

Shares of CVE:FLT opened at C$0.18 on Friday. 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 company has a market cap of C$82.54 million, a price-to-earnings ratio of -3.65 and a beta of 0.94. Drone Delivery Canada has a 12 month low of C$0.10 and a 12 month high of C$0.38. The company has a 50-day moving average price of C$0.18 and a 200-day moving average price of C$0.17.

About Drone Delivery Canada

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.