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    XLY   CA05335P1099

AUXLY CANNABIS GROUP INC.

(XLY)
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An unknown buyer acquired Outdoor cultivation facility located in Hortonville, Nova Scotia from Auxly Cannabis Group Inc. for CAD 4.1 million.

08/10/2022 EDT

An unknown buyer acquired Outdoor cultivation facility located in Hortonville, Nova Scotia from Auxly Cannabis Group Inc. (TSX:XLY) for CAD 4.1 million on August 10, 2022. The Company intends to apply the proceeds from both sales to support Auxly's ongoing operations.

An unknown buyer completed the acquisition of Outdoor cultivation facility located in Hortonville, Nova Scotia from Auxly Cannabis Group Inc. (TSX:XLY) on August 10, 2022.


© S&P Capital IQ 2022
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Analyst Recommendations on AUXLY CANNABIS GROUP INC.
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Financials
Sales 2022 109 M 79,5 M 79,5 M
Net income 2022 -79,9 M -58,2 M -58,2 M
Net Debt 2022 174 M 127 M 127 M
P/E ratio 2022 -0,53x
Yield 2022 -
Capitalization 45,6 M 33,2 M 33,2 M
EV / Sales 2022 2,01x
EV / Sales 2023 1,82x
Nbr of Employees 558
Free-Float 78,9%
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Mean consensus BUY
Number of Analysts 4
Last Close Price 0,05 CAD
Average target price 0,20 CAD
Spread / Average Target 290%
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Managers and Directors
Hugo M. Alves Director
Michael Lickver President
Brian Schmitt Chief Financial Officer
Genevieve Young Chairman
Troy James Grant Independent Director