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Big Rock Brewery ( (TSE:BR) ) has shared an update.
Big Rock Brewery has strengthened its board with the appointment of logistics and distribution veteran Pat Carey, former CEO of Wallace & Carey and co-founder of warehousing-optimization software firm Sitewise Solutions, as part of its strategy to expand its distribution and logistics business. The company also announced a board transition at shareholder VN Capital’s designated seat, with James Vanasek, principal of VN Capital Management and an experienced value investor and former chair of Ceres Global Ag, replacing outgoing director Don Noone, signaling continued investor engagement and governance support for Big Rock’s evolving growth strategy.
The most recent analyst rating on (TSE:BR) stock is a Hold with a C$0.69 price target. To see the full list of analyst forecasts on Big Rock Brewery stock, see the TSE:BR Stock Forecast page.
Spark’s Take on TSE:BR Stock
According to Spark, TipRanks’ AI Analyst, TSE:BR is a Neutral.
Big Rock Brewery’s stock is currently facing significant challenges. The most impactful factor is the poor financial performance, with consistent net losses and cash flow issues. Technical analysis indicates bearish momentum, with the stock trading below key moving averages and oversold conditions. Valuation metrics are unfavorable, with a negative P/E ratio and no dividend yield. These factors collectively result in a low overall stock score.
To see Spark’s full report on TSE:BR stock, click here.
More about Big Rock Brewery
Big Rock Brewery Inc., listed on the Toronto Stock Exchange, operates in the alcoholic beverage industry with a focus on brewing and distributing beer and related products, and is pursuing growth in distribution and logistics to support its market presence, particularly in Western Canada.
Average Trading Volume: 4,004
Technical Sentiment Signal: Sell
Current Market Cap: C$18.82M
For detailed information about BR stock, go to TipRanks’ Stock Analysis page.