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1CM Inc ( (TSE:EPIC) ) just unveiled an update.
1CM Inc. has appointed internal candidate Antony Pramoth as its new Chief Financial Officer, replacing former CFO Harshil Chovatiya with immediate effect. The promotion of Pramoth, who has been with the company since October 2023, signals a continuity-focused leadership transition in the finance function as 1CM pursues its strategy of expanding cash-flow positive cannabis and liquor retail locations through organic growth and acquisitions.
The most recent analyst rating on (TSE:EPIC) stock is a Hold with a C$0.17 price target. To see the full list of analyst forecasts on 1CM Inc stock, see the TSE:EPIC Stock Forecast page.
Spark’s Take on TSE:EPIC Stock
According to Spark, TipRanks’ AI Analyst, TSE:EPIC is a Neutral.
The score is mainly supported by improving financial fundamentals (profitability turnaround and reduced leverage), but is held back by weak technicals (below key moving averages with negative MACD) and an elevated valuation (P/E ~40) without dividend support, especially given still-thin margins and a year-over-year decline in free cash flow.
To see Spark’s full report on TSE:EPIC stock, click here.
More about 1CM Inc
1CM Inc. is a Canadian retailer of cannabis and liquor, focused on operating and developing cash-flow positive retail locations. The company pursues growth both organically and through mergers and acquisitions, expanding its network of cannabis and liquor outlets across Canada.
Average Trading Volume: 23,139
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$19.43M
For an in-depth examination of EPIC stock, go to TipRanks’ Overview page.