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Trades about 113% below its sector, cheaper than its peers on earnings.
Operating within the cannabis industry, Global Health Clinics Ltd. manages medical facilities that provide guidance to patients seeking to legally obtain and use marijuana. The company is also involved in creating psilocybin products designated for scientific research and pharmaceutical development. It was formerly known as Leo Resources Inc., changing its name to Global Health Clinics Ltd. in August 2018. Established in 2013, its primary operations are based in Vancouver, Canada.
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A stock is a fraction of ownership in a real company. Buy one share and you own a piece (usually a tiny piece) of every desk, factory, contract and brand the company runs. The price moves because the market keeps revising what that whole pie is worth.
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Market cap is shares times price. A simple formula that produces wildly unequal numbers: a single US tech name can be worth more than every company on a LATAM exchange combined.
