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Nova Cannabis: Top 25 Performing Stocks Year-to-Date on Toronto Stock Exchange (NOVC)

AI-generated - The Globe and Mail - Wed Mar 27, 7:06AM CDT

Nova Cannabis Inc is among the group of top performing stocks year-to-date on the Toronto Stock Exchange. This means each stock on this list has seen its share price grow at a faster rate than the rest of the market so far this year.

This report is generated monthly. It highlights the 25 companies with the greatest percentage increase in share price year-to-date. Stocks in this category are generally held for appreciation or speculation.

Companies experiencing dramatic increases in share price can do so for a variety of reasons – including bullish changes in sector outlook, potential corporate takeover, or the company has restructured and earnings are better than expected.

SymbolNameTotal ReturnPeriod
MDNAMedicenna Therapeutics Corp257.142857YTD
XLYAuxly Cannabis Group Inc250YTD
SHLESource Energy Services Ltd107.550336YTD
DNDelta 9 Cannabis Inc100YTD
OGIOrganiGram Holdings Inc98.837209YTD
NOVCNova Cannabis Inc97.752809YTD
OPTOptiva Inc89.393939YTD
CRDLCardiol Therapeutics Inc80YTD
EXNExcellon Resources Inc80YTD
FORAVerticalScope Holdings Inc76.068376YTD
GRIDTantalus Systems Holding Inc69.512195YTD
CPHCipher Pharmaceuticals Inc68.592058YTD
CDRCondor Energies Inc64.233577YTD
CLSCelestica Inc62.251997YTD
PNPPinetree Capital Ltd61.111111YTD
WCM.AWilmington Capital Management Inc60YTD
SBISerabi Gold PLC59.42029YTD
MSAMineros SA57.463827YTD
TKOTaseko Mines Ltd54.83871YTD
GIVXGivex Corp54.385965YTD
STCSangoma Technologies Corp52.59434YTD
VLEValeura Energy Inc52.464789YTD
BUBurcon NutraScience Corp52.272727YTD
VHIVitalhub Corp52.205882YTD
HPS.AHammond Power Solutions Inc52.117503YTD

All data provided as of March 27, 2024.

More about Nova Cannabis Inc

Nova Cannabis Inc is engaged in the operation of retail cannabis stores in Canada. It operates approximately 88 retail cannabis stores in Alberta, 16 in Ontario, and one in Saskatchewan. Some of its brands are Value Buds and Sweet Tree Cannabis Co. The company's products include Dried flowers, Pre-rolls, Candy and Cartridges, among others.

Nova Cannabis Inc is listed under NOVC on the Toronto Stock Exchange.

Artificial intelligence at Report on Business

Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.