Revenue growth benefited from growing sales of Emerald-grown, Emerald-branded flower outside of Quebec and one week of sales, after a successful late-June launch of the new Souvenir. Pure Sunfarms recently made its first shipment of vapes and oil tinctures to the BC liquor board, and with the shipment of its Cannabis 2.0 products into other provinces, it continues to entrench its competitive position across Canada. © American Consumer News, LLC dba MarketBeat® 2010-2020. "The fact that we were able to deliver so well on all of these objectives during these unprecedented times is a testament to the tremendous effort of our team and the systematic discipline that we have placed on improving every aspect of our operational and financial performance, which has been our focus since I joined the company 13 months ago. Kudos!!!! Net sales, consisting entirely of dried cannabis, were $12.9M in 2Q20 compared to $18.0M in 1Q20. A Dow Jones Forecast For 2020 And 2021 *Post Corona Crash Update*, A Gold Price Forecast For 2020 And 2021 *Post Corona Crash Update*, A Silver Price Forecast For 2020 And 2021 *Post Corona Crash Update*, An XRP Price Forecast For 2020 *Post Corona Crash Update*, 7 Must-Read Cryptocurrency Predictions For 2020 *Post Corona Crash Update*, A Copper Price Forecast For 2020 And 2021 *Corona Crash Update*, A Bitcoin Price Forecast For 2020 *Corona Crash Update*, Emerging Markets Chart: A New Must-See Trend For 2020, Top Biotechnology Stocks Forecast For 2020, A Qualcomm (QCOM) Stock Forecast For 2020 And 2021, A Palladium Price Forecast For 2020 And 2021, 10 Market Forecasts For 2020 From Bullish To Bearish. Non-GAAP measures used by the Company may not be comparable to similar measures used by other companies. The AMD ("AMD" ) On June 22, 2020, Emerald introduced its new SouvenirTM cannabis brand to the Quebec adult-recreational cannabis market through the Société Québécoise du Cannabis (SQDC). SYNC™ 15 Nano CBD Fast Action Spray is planned for distribution in the coming months. Libya’s oil blockade is entering its 7th month and the country’s oil output is hovering at just 100,000 b/d instead of the pre-crisis 1.2 million b/d. +22.97% Consumer reaction to the Souvenir products has been very strong and the brand has contributed more than $1.5M in sales to date. European Metals Holdings Limited is based in West Perth, Australia. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Export data to Excel for your own analysis. US petroleum demand, as measured by total domestic petroleum deliveries, was 18.3 million b/d in July. Will AMD price drop? Please enter your username or email address to reset your password. The P/E ratio of European Metals is -9.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. See above. The Company uses these non-GAAP measures because they provide additional information regarding performance of the Company's overall business that are not otherwise reflected under IFRS. To access the audio broadcast, please dial (866) 652-5200, or via the Internet at: https://services.choruscall.com/links/emhtf200619.html. Emerald's three distinct operating assets are designed to uniquely serve the Canadian marketplace and international opportunities. He lowered his price target slightly, to $1,390 from $1,420, as he cut his revenue forecasts for the next five years. EBITDA of negative $1.2M in 2Q20 reflects a $6.1M improvement from negative $7.3M EBITDA in 2Q19 and $2.7M improvement over 1Q20. European Metals' stock was trading at GBX 12.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. It made a historic move this year in May... Our palladium price forecast for 2020 and 2021 is really extreme. 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for European Metals in the last year. Learn why more and more producers are adopting a complete, cloud-based solution to easily connect the field and back offices, automate field data capture, accelerate production allocations, and drop more revenue to their bottom line. Advanced Micro Devices, Inc. stock forecast, April 9, 2020: raised $1.1M in gross proceeds from the exercise of 6,250,000 warrants at $0.17 per warrant. Vancouver, British Columbia--(Newsfile Corp. - September 1, 2020) - Emerald Health Therapeutics, Inc. (TSXV: EMH) (OTCQX: EMHTF) ("Emerald") reported financial results for the three and six months ended June 30, 2020. View analyst ratings for European Metals. We believe... Biotechnology stocks were once overhyped 100 baggers stocks.