Should You Invest in Canaan Inc ADR (CAN) Now?

LTHM Stock

The 36-month beta value for CAN is at 3.34. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”

The public float for CAN is 267.47M, and currently, shorts hold a 14.50% of that float. The average trading volume for CAN on June 23, 2025 was 26.67M shares.

CAN) stock’s latest price update

Canaan Inc ADR (NASDAQ: CAN) has seen a rise in its stock price by 33364088 in relation to its previous close of 0.63. However, the company has experienced a -13.26% decline in its stock price over the last five trading sessions. newsfilecorp.com reported 2025-06-12 that Dieppe, New Brunswick–(Newsfile Corp. – June 12, 2025) – Canadian Gold Resources Inc. (TSXV: CAN) (“Canadian Gold” or the “Company”) is pleased to report the completion of key site preparation activities at its 100%-owned Lac Arsenault Gold Project, located in the Gaspé region of Quebec. As part of preparations for the upcoming bulk sample program, Company crews have conducted surface washing of outcrop exposures at both the Mersereau and Baker Veins to further delineate mineralized structures and optimize the bulk sampling plan.

CAN’s Market Performance

Canaan Inc ADR (CAN) has experienced a -13.26% fall in stock performance for the past week, with a -20.19% drop in the past month, and a -38.62% drop in the past quarter. The volatility ratio for the week is 5.45%, and the volatility levels for the past 30 days are at 5.82% for CAN. The simple moving average for the past 20 days is -6.48% for CAN’s stock, with a -53.73% simple moving average for the past 200 days.

Analysts’ Opinion of CAN

Many brokerage firms have already submitted their reports for CAN stocks, with Northland Capital repeating the rating for CAN by listing it as a “Market Perform.” The predicted price for CAN in the upcoming period, according to Northland Capital is $1.50 based on the research report published on June 18, 2025 of the current year 2025.

The Benchmark Company, on the other hand, stated in their research note that they expect to see CAN reach a price target of $3. The rating they have provided for CAN stocks is “Buy” according to the report published on May 06th, 2025.

Compass Point gave a rating of “Buy” to CAN, setting the target price at $2.50 in the report published on March 18th of the current year.

CAN Trading at -13.27% from the 50-Day Moving Average

After a stumble in the market that brought CAN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -81.39% of loss for the given period.

Stock Fundamentals for CAN

Current profitability levels for the company are sitting at:

  • -0.84 for the present operating margin
  • -0.31 for the gross margin

The net margin for Canaan Inc ADR stands at -0.93. The total capital return value is set at -0.8. Equity return is now at value -90.43, with -53.98 for asset returns.

Based on Canaan Inc ADR (CAN), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at -0.94. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is -434.2.

Currently, EBITDA for the company is -143.33 million with net debt to EBITDA at 0.01. When we switch over and look at the enterprise to sales, we see a ratio of 0.64. The receivables turnover for the company is 2.35for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.50.

Conclusion

In conclusion, Canaan Inc ADR (CAN) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”.

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