Modern Plant Based Foods Inc. (MDRNF) Stock

About Modern Plant Based Foods Inc.

Modern Plant Based Foods Inc. develops and distributes plant-based and health food products in Canada. The company offers plant-based food products and services, including taco bowl kit, slider kit, falafel bowl kit, orange chicken kit, mac and cheese kit, and the meatloaf muffin; sausage-less products through retail and food service outlets; vegan caviar product lines; and plant-based pet food products, such as blueberries, apple chunks, and pumpkin dog treats. The company was formerly known as Modern Meat Inc. and changed its name to Modern Plant Based Foods Inc. in February 2021. Modern Plant Based Foods Inc. is headquartered in Vancouver, Canada.

Modern Plant Based Foods Inc. is headquartered in CA.

Modern Plant Based Foods Inc. (MDRNF) stock trades at $0.04 with a market capitalization of $604318. The stock is valued at a negative price-to-earnings (P/E) ratio of -0.67, reflecting a net loss over the last twelve months, a negative price-to-book of -0.21, reflecting negative shareholders' equity, price-to-sales of 0.75. Over the past 52 weeks the stock has ranged between $0.02 and $0.11, and currently trades 63.6% below its 52-week high.

On profitability, Modern Plant Based Foods Inc. generates a return on equity (ROE) of 31.16% (not meaningful, as shareholders' equity is negative), return on capital employed of 20.71%, an operating margin of -73.11%, a net profit margin of -95.55%.

Official website: modernfoods.ca