How Low Does Aurora Cannabis Need to Go Before the Marijuana Stock Is a Buy? [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: The Motley Fool
Nearly everything has a price at which it's a good deal. That's true whether we're talking about cars, houses, or stocks. Of course, the less desirable a given item is, the lower the price is where it makes sense to buy it. That leads me to Aurora Cannabis ( NYSE:ACB How low does Aurora have to go before the marijuana stock Image source: Getty Images. The biggest problem There's one glaring problem for Aurora that arguably outweighs all of the company's other problems -- its debt. Aurora reported current loans and borrowings of close to 00 million in Canadian dollars as of Dec. , 09. But add to that the company's nearly CA$0 million in convertible debentures and Aurora's total debt stands at around CA$60 million. If times were good for Aurora, those convertible debentures wouldn't be too much of a concern. Holders of the senior convertible notes issued by the company would be likely to convert those notes to shares if Aurora stock was steadily rising. That's not the case right now, th
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ACB
News
- Aurora Cannabis: Improved Financials, Limited Opportunity [Seeking Alpha]Seeking Alpha
- Aurora Cannabis Inc. (ACB) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]Yahoo! Finance
- Cannabis Beverages Global Strategic Business Report 2024: Market to Grow by $1.6 Billion by 2030 - Major Alcoholic Beverage Players Seek Role in the Market [Yahoo! Finance]Yahoo! Finance
- Green gold rush, Aurora Cannabis leads pot stock surge [BNN Bloomberg (Canada)]BNN Bloomberg
- CNN values your feedback [CNN]CNN
ACB
Analyst Actions
- 2/8/24 - CANACCORD
ACB
Sec Filings
- 3/1/24 - Form 6-K
- 2/16/24 - Form 6-K
- 2/8/24 - Form 6-K
- ACB's page on the SEC website