Drone Delivery Canada (CVE:FLT) Trading 5.3% Higher – Time to Buy?

Posted by Stacy Sanders on Dec 24th, 2025

Drone Delivery Canada Corp. (CVE:FLT – Get Free Report) traded up 5.3% on Wednesday . The stock traded as high as C$0.60 and last traded at C$0.60. 777,894 shares were traded during mid-day trading, a decline of 54% from the average session volume of 1,679,495 shares. The stock had previously closed at C$0.57.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Stifel Nicolaus set a C$0.85 target price on Drone Delivery Canada and gave the company a “buy” rating in a report on Thursday, November 27th. Stifel Canada upgraded shares of Drone Delivery Canada to a “strong-buy” rating in a report on Wednesday, November 26th. Finally, Maxim Group raised shares of Drone Delivery Canada to a “strong-buy” rating in a research report on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Strong Buy” and a consensus price target of C$16.43.

Check Out Our Latest Report on Drone Delivery Canada

Drone Delivery Canada Price Performance

The firm has a market cap of C$399.71 million, a PE ratio of -20.00 and a beta of 2.73. The company has a debt-to-equity ratio of 67.19, a current ratio of 0.46 and a quick ratio of 9.02. The firm has a 50-day simple moving average of C$0.61 and a 200 day simple moving average of C$0.56.

Drone Delivery Canada Company Profile

(Get Free Report)

Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution. It serves governments; commercial and industrial applications, such as emergency services, medical, last-mile delivery, mining, oil and gas, agriculture, parcel delivery, postal mail, and military/security; and indigenous and non-indigenous remote communities.