Birks Group Secures NYSE American Compliance Extension

An update from Birks & Mayors ( (BGI) ) is now available.

On May 16, 2025, Birks Group Inc. announced that the NYSE American LLC accepted its compliance plan, allowing the company to continue its listing on the exchange. This follows a noncompliance notice received on February 25, 2025. The acceptance grants Birks an extension until August 25, 2026, to regain compliance with listing standards. The company’s business operations and financial condition remain unaffected, and its shares will continue trading under the symbol ‘BGI.’

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 is a leading designer of fine jewellery and operates luxury jewellery, timepieces, and gifts retail stores in Canada. The company manages 18 stores under the Maison Birks brand across major metropolitan markets in Canada, along with several other branded locations. Founded in 1879, Birks has established itself as Canada’s premier retailer and designer in its industry.

Average Trading Volume: 122,926

Technical Sentiment Signal: Sell

Current Market Cap: $18.92M

Find detailed analytics on BGI stock on TipRanks’ Stock Analysis page.