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An update from Birks & Mayors ( (BGI) ) is now available.
On June 9, 2025, Birks Group Inc. announced it has entered into an acquisition agreement and two financing agreements. The company secured a $13.5 million term loan from SLR Credit Solutions to fund a strategic acquisition of jewellery stores and working capital, repayable by December 24, 2026. Additionally, Mangrove Holding S.A. will provide $3.75 million in financing for working capital. These moves aim to bolster Birks’ market presence and operational capacity, although the completion of these agreements is contingent upon meeting certain conditions.
Spark’s Take on BGI Stock
According to Spark, TipRanks’ AI Analyst, BGI is a Underperform.
BGI’s overall stock score is primarily impacted by its weak financial performance, characterized by persistent losses and a fragile balance sheet. Technical indicators reflect a bearish outlook, while valuation metrics are hindered by a negative P/E ratio. The company must address its financial challenges to improve its stock performance.
To see Spark’s full report on BGI stock, click here.
More about Birks & Mayors
Birks Group Inc. is a leading designer and retailer of fine jewellery, timepieces, and gifts in Canada. The company operates 18 stores under the Maison Birks brand across major metropolitan markets in Canada, along with several other branded retail locations in Montreal, Calgary, and Vancouver. Founded in 1879, Birks has established itself as a premier luxury jewellery retailer in the Canadian market.
Average Trading Volume: 93,168
Technical Sentiment Signal: Sell
Current Market Cap: $16.04M
See more insights into BGI stock on TipRanks’ Stock Analysis page.