Please help
I am trying to compare Sunniva with three biggest companies in Canada Canopy, Aurora, Aphria. I think I can compare with them, because Sunniva has plan to have 1 milion square feett in California and Canada. Lets start... WEED Market Cap 7 bilions, number of shares 185 mil, share price 32$. ACB Market Cap 4.6 bilions, number of shares 380 miions, share 10.3. APH Market Cap 3.3 bilions, number of shares 160 milions, share price 18$. AND NOW SUNNIVA Market Cap 266 milions, number of shares 26 milions, share price 10$.
Comparing: Market Cap 25x-12x lower, number of shares 6x-14x lower, share price equal-3x lower.
I not sure that I am reading well info. Is this a real? If all of these are true, this stock should be a gold mine (maybe DIAMOND mine). Plus, Sunniva has already finished in California first phase, so they have finished 324.000 square feet facility and second phase will add 165.000 more. In BC thay have a plan to build 680.000 square feet facility. Last year from first facility (324.000 square feet in California) they generating a growing level of revenue and has $12 million cash on hand. I think only Aphria is in similar situation. Moreover, they are lowest cost producer, about less than $1.00 US and still they are one of the most efficient producer pre square foot.
I really need advice. Tell me, what is wrong here? Comparing Market Cap, number of shares and share price, this stock is minimum 10 (in some segments 30) times undervalued.
Everything about this comapny is very, very, positive. Is there anything negative? Please tell me what I miss....