Banxa (BNXA) Stock Price, News & Analysis

Company Overview

Banxa Holdings Inc. operates as a payments service provider for the cryptocurrency exchanges in Australia, North America, and Europe. It provides Web3 on-and-off ramp solutions that allows users to purchase cryptocurrency and NFT's using fiat currency. The company's platform also provides connections to approximately 40 blockchain ecosystems allowing businesses and projects to list new tokens on existing blockchains or explore opportunities to list on new blockchains. Banxa Holdings Inc. was founded in 2014 and is headquartered in Melbourne, Australia.

Key Stats

• Today's Range: C$0.78 to C$0.89
• 50-Day Range: C$0.31 to C$1.34
• 52-Week Range: C$0.31 to C$1.39
• Volume: 102,993 shs
• Average Volume: 28,201 shs
• Market Capitalization: C$36.45 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$1.00
• Consensus Rating: N/A

BNXA Stock Analysis - Frequently Asked Questions

How have BNXA shares performed this year?

Banxa's stock was trading at C$0.67 at the beginning of the year. Since then, BNXA stock has increased by 19.4% and is now trading at C$0.80.
View the best growth stocks for 2024 here.

How do I buy shares of Banxa?

Shares of BNXA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Banxa own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Banxa investors own include Enterprise Products Partners (EPD), Enbridge (ENB), GrowGeneration (GRWG), NVIDIA (NVDA), Arista Networks (ANET), NextEra Energy Partners (NEP) and Magna International (MG).

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Computer and Technology
• Industry: Information Technology Services
• Sub-Industry: N/A
• Current Symbol: CVE:BNXA
• CUSIP: N/A
• CIK: N/A
• Web: www.banxa.com
• Phone: N/A
• Fax: N/A
• Employees: 149
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$1.00
• High Stock Price Target: C$1.00
• Low Stock Price Target: C$1.00
• Potential Upside/Downside: +25.0%
• Consensus Rating: N/A
• Rating Score (0-4): 0.00
• Research Coverage: 0 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.20)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-9,730,000.00
• Net Margins: -3.33%
• Pretax Margin: N/A
• Return on Equity: -5,336.19%
• Return on Assets: -15.33%

Debt

• Debt-to-Equity Ratio: 194.64
• Current Ratio: 0.96
• Quick Ratio: 2.36

Sales & Book Value

• Annual Sales: C$292.18 million
• Price / Sales: 0.12
• Cash Flow: C$0.18 per share
• Price / Cash Flow: 4.54
• Book Value: C($0.10) per share
• Price / Book: -8.00

Miscellaneous

• Outstanding Shares: 45,560,000
• Free Float: N/A
• Market Cap: C$36.45 million
• Optionable: Not Optionable
• Beta: 2.75