A tough pill to swallow It's been almost 3 years and the share price continues to decline. According to yahoo finance, the share price peaked on February 9th 2021 at $38.5. It troughed on November 15th at $3 and there is no indication that it's going to trend higher. Can this be attributed to bad luck or has the market punished them for their failed execution over these years?
I believe the share price will continue to struggle this year and possibly retest the lows experienced on November 15th. Canada's recession is going to be deep and small caps are going to struggle.
2025 may be a more realistic time frame for when we might see a bit of sunshine on the horizon. It's way too early to get excited.