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The latest announcement is out from Bri-Chem ( (TSE:BRY) ).
Bri-Chem Corp. has filed its management information circular and proxy materials for the upcoming annual and special meeting of shareholders. The meeting, scheduled for September 16, 2025, will address both routine matters and the ratification of a new by-law. The company is urging shareholders to vote for its nominees using the Yellow Proxy, as the election is contested by a dissident group led by Barry Hugghins. The board has expressed concerns about the qualifications and independence of the dissident nominees, highlighting potential conflicts of interest and a lack of public company experience.
Spark’s Take on TSE:BRY Stock
According to Spark, TipRanks’ AI Analyst, TSE:BRY is a Neutral.
Bri-Chem’s overall stock score reflects its weak financial performance marked by declining revenues, high leverage, and unprofitability. Technical indicators suggest a bearish trend with potential for minor upward corrections. Valuation metrics are unattractive with a negative P/E ratio and no dividend yield. Strategic improvements are essential for better financial health and investor appeal.
To see Spark’s full report on TSE:BRY stock, click here.
More about Bri-Chem
Bri-Chem Corp. is a leading North American company specializing in the distribution and blending of oilfield chemicals. The company operates within the oilfield services industry, focusing on providing essential chemical products to support oil and gas operations.
Average Trading Volume: 10,386
Technical Sentiment Signal: Sell
Current Market Cap: C$7.14M
Find detailed analytics on BRY stock on TipRanks’ Stock Analysis page.