RE:We will soon see how accurate this forecast is !Given the assumptions below have been beat by a significant margin, it will be interesting to see a report update.
If we only reached the projected sp following Q1 and Q2 financials (respectively 0.97 and 1.40), based on undervalued assumptions I'd be more than happy :-)
Oden6570 wrote: The continuation of the growth in total sales is clearly noticeable (Figure 4, left). This will generate sales with CAD 6.6 million in Q4 2020 and CAD 8.6 million in Q1 2021 as CAD 10.6 million in Q2 2021 calculated. This results in an increase of around 35% in Q4 compared to Q3 and a continuous increase of a further 30% in Q1 compared to Q4 and 25% in Q2 compared to Q1 2021. In addition, the operating result and EBITDA improve. For Q1 2021 becomes a positive EBITDA at 21,940 CAD and for Q2 2021 at around 188,000 CAD
Price target 1st quarter 2021 = $.97 2nd quarter 2021 $1.40 , this is based soley on information available prior to report and does not account form any possible news or other events upcoming for DM. If your new or on the fence do yourself a favour and have a read. I say after market today release quarter 1 :-)
1g7dinn-210414_DM ESTIM REVENUE PRICE TARGET_english.pdf