Burcon NutraScience (TSE:BU) Releases Earnings Results

Burcon NutraScience (TSE:BU) (NYSE:BUR) issued its quarterly earnings results on Wednesday. The company reported C($0.30) earnings per share (EPS) for the quarter, FiscalAI reports. Burcon NutraScience had a negative net margin of 628.94% and a positive return on equity of 1,249.92%. The business had revenue of C$1.28 million during the quarter.

Burcon NutraScience Price Performance

Shares of BU stock traded up C$0.06 on Wednesday, hitting C$1.86. 2,401 shares of the company’s stock were exchanged, compared to its average volume of 5,157. The company has a 50 day moving average of C$1.96 and a 200 day moving average of C$2.03. The stock has a market cap of C$23.61 million, a P/E ratio of -1.65 and a beta of 2.84. The company has a debt-to-equity ratio of -421.12, a current ratio of 0.19 and a quick ratio of 1.71. Burcon NutraScience has a 12 month low of C$1.51 and a 12 month high of C$2.99.

Burcon NutraScience Company Profile

Burcon is a global technology leader in plant-based proteins for food and beverage applications. The Company has developed a portfolio of high-performance protein ingredients, including Peazzaz® pea proteins, FavaPro TM fava proteins and Puratein® canola proteins, and is focused on commercializing its technologies through manufacturing partnerships and growing customer adoption worldwide.