Simply Solventless Concentrates Ltd. stock has seen a notable weekly increase despite ongoing challenges.
This week, Simply Solventless Concentrates Ltd. (HASH.V) has experienced a price uptick of 11.11%. However, the stock remains down significantly year-to-date, indicating a challenging market environment for the company.
Investor takeaway: Investors should be mindful of the significant volatility and performance trends in Simply Solventless Concentrates Ltd.'s stock, especially given the lack of recent news and the declining average volume.
Advertisement
Simply Solventless Concentrates Ltd.
HASH.V
HASH.V
Simply Solventless Concentrates Ltd.
WealthAwesomeMarket cap
$5.78M
52W high
$0.29
52W low
$0.04
1W change
+11.11%
Beta
-0.66
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on HASH's historical volatility
30-Day Vol
143.6%
Annualized
90-Day Vol
151.8%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$0.06
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.05 | C$0.03 – C$0.09 |
| 60 trading days | C$0.06 | C$0.03 – C$0.11 |
| 90 trading days | C$0.06 | C$0.03 – C$0.14 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Simply Solventless Concentrates Ltd. Stock Up 11.11% This Week
Despite a weekly increase, the stock remains down 64.29% year-to-date, highlighting ongoing volatility.
Bull case
The recent weekly gain may suggest a potential turnaround or renewed interest in the stock. This could attract investors looking for opportunities in the cannabis sector.
Bear case
The stock's substantial decline year-to-date and poor profit margins indicate ongoing challenges that might discourage potential investors, particularly in a competitive market.
Price Action Overview
Advertisement
Simply Solventless Concentrates Ltd. has experienced a price increase of 11.11% over the past week, closing at C$0.04. Despite this upward movement, the stock has faced a significant decline of 64.29% since the beginning of the year.
Technical Picture
Looking at the technical indicators, HASH.V is currently trading below its 50-day moving average of C$0.06 and its 200-day moving average of C$0.07, indicating a bearish trend. The stock is within 4% of its 52-week range, which spans from C$0.04 to C$0.29. The beta of -0.66 suggests that the stock is less volatile than the broader market, but the low trading volume of 30,000 shares, compared to the 20-day average of 109,225 shares, raises concerns about liquidity.
Fundamental Insights
Simply Solventless Concentrates Ltd. has a market capitalization of approximately C$5.8 million. However, the company is facing significant challenges, reflected in a profit margin of -113.9% and a return on equity (ROE) of -210.8%. The earnings per share (EPS) stands at -0.22, indicating ongoing struggles in profitability.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
