BluMetric Expands with DS Consultants Acquisition and $15M Equity Offering

The latest announcement is out from BluMetric Environmental ( (TSE:BLM) ).

BluMetric Environmental Inc. has announced the acquisition of DS Consultants Inc., a firm specializing in geotechnical engineering and environmental services, for up to $22.5 million. This acquisition is expected to bolster BluMetric’s expertise and position in the Greater Toronto Area, enhancing its service offerings in the built environment. Additionally, BluMetric is conducting a $15 million equity offering to finance the acquisition and support working capital, with the offering expected to close on December 9, 2025.

The most recent analyst rating on (TSE:BLM) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on BluMetric Environmental stock, see the TSE:BLM Stock Forecast page.

Spark’s Take on TSE:BLM Stock

According to Spark, TipRanks’ AI Analyst, TSE:BLM is a Neutral.

BluMetric Environmental’s stock score is primarily influenced by its mixed financial performance and positive technical indicators. While revenue growth and stable leverage are positives, profitability and cash flow challenges weigh heavily. The technical analysis suggests some positive momentum, but valuation concerns due to negative earnings and lack of dividends limit the overall attractiveness.

To see Spark’s full report on TSE:BLM stock, click here.

More about BluMetric Environmental

BluMetric Environmental Inc. is an engineering WaterTech and full-service environmental consulting firm. The company focuses on providing water technology solutions and environmental consulting services, enhancing its expertise in the natural environment.

Average Trading Volume: 49,924

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$50.63M

For an in-depth examination of BLM stock, go to TipRanks’ Overview page.