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An announcement from Big Rock Brewery ( (TSE:BR) ) is now available.
Big Rock Brewery has appointed William Woods as Interim Chief Financial Officer, replacing James Chong. Woods brings over 25 years of financial leadership experience across various sectors, which is expected to support Big Rock’s strategic goals and financial objectives. This leadership change is part of Big Rock’s ongoing efforts to strengthen its executive team and enhance its market position.
The most recent analyst rating on (TSE:BR) stock is a Hold with a C$1.00 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 score is primarily impacted by its financial performance challenges, including negative profitability and cash flow issues. Technical analysis indicates a bearish trend, further weighing on the score. Valuation metrics are unfavorable due to negative earnings and lack of dividends, contributing to a lower overall score.
To see Spark’s full report on TSE:BR stock, click here.
More about Big Rock Brewery
Big Rock Brewery Inc., founded in 1985 by Ed McNally, is a prominent player in the beverage industry, known for its extensive portfolio of signature beers, seasonal offerings, ciders, hard teas, and custom-crafted private label products. With brewing operations in Calgary, Alberta, and British Columbia, the company continues to lead the beverage revolution, challenging current trends with its diverse range of alcoholic and non-alcoholic beverages.
Average Trading Volume: 6,854
Technical Sentiment Signal: Sell
Current Market Cap: C$24.89M
Find detailed analytics on BR stock on TipRanks’ Stock Analysis page.