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The latest update is out from Blue Ant Media ( (TSE:BAMI) ).
Blue Ant Media has secured both Competition Bureau clearance and a final order from the Supreme Court of British Columbia for its acquisition of Thunderbird Entertainment Group, clearing the last major regulatory and court hurdles for the transaction. With these approvals in place and only customary closing conditions remaining, the deal is expected to close this month, positioning Blue Ant to integrate Thunderbird’s assets and scale its global content and streaming operations for its next phase of growth.
The most recent analyst rating on (TSE:BAMI) stock is a Hold with a C$8.00 price target. To see the full list of analyst forecasts on Blue Ant Media stock, see the TSE:BAMI Stock Forecast page.
Spark’s Take on TSE:BAMI Stock
According to Spark, TipRanks’ AI Analyst, TSE:BAMI is a Neutral.
The score is held down primarily by weak financial performance (declining revenue, worsening losses, and negative operating/free cash flow) and limited valuation support (negative P/E, no dividend yield data). Technical indicators are more neutral and provide only modest offset, with mild momentum but a still-challenged longer-term trend.
To see Spark’s full report on TSE:BAMI stock, click here.
More about Blue Ant Media
Blue Ant Media Corporation is an international streaming, production and rights-management company headquartered in Toronto, operating a portfolio of free streaming and pay TV channels such as Love Nature, Cottage Life, Smithsonian Channel Canada, BBC Earth Canada, HauntTV, Homeful and Love Pets, alongside the subscription streaming service MagellanTV. Its studio division produces and distributes premium content across key genres for streaming and broadcast platforms worldwide, with operations spanning major media hubs including Los Angeles, New York, Miami, Singapore, London, Washington, Sydney, Halifax and Ottawa.
Average Trading Volume: 4,004
Technical Sentiment Signal: Hold
Current Market Cap: C$809.1M
See more data about BAMI stock on TipRanks’ Stock Analysis page.