Verano Holdings Hits Day High with Strong 10.34% Intraday Surge

Verano Holdings Corp., a small-cap player in the Other Agricultural Products industry, has shown significant activity today, gaining 10.34% as of February 24, 2026. The stock reached an intraday high of CAD 1.71, reflecting a notable performance compared to the S&P/TSX 60, which only increased by 0.51% on the same day. Over the past week, Verano Holdings has outperformed the broader market with a 13.48% rise, while the S&P/TSX 60 saw a modest gain of 2.02%. However, the company's performance over the past month has been less favorable, with a decline of 19.6%, contrasting with the S&P/TSX 60's increase of 3.14%. In terms of longer-term performance, Verano Holdings has faced challenges, with a year-to-date decline of 8.05% and a staggering 94.56% drop over the past five and ten years. The company's market capitalization stands at CAD 666 million, and it currently does not offer a dividend. With a debt-to-equity ratio of 0.37 and a price-to-book ratio of 0.54, Verano Holdings continues to navigate a complex financial landscape.