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Draganfly ( (TSE:DPRO) ) just unveiled an update.
Draganfly Inc. announced its participation in the Countering Explosives Conference alongside Autonome Labs, where they will showcase the M.A.G.I.C system integrated with Draganfly’s Heavy Lift UAV. This system aims to modernize mine and route clearance operations, offering enhanced safety, efficiency, and precision. The collaboration is expected to provide a cost-effective and mission-ready solution for demining, with pilot deployments planned for post-conflict regions later in the year.
The most recent analyst rating on (TSE:DPRO) stock is a Hold with a C$6.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Spark’s Take on TSE:DPRO Stock
According to Spark, TipRanks’ AI Analyst, TSE:DPRO is a Neutral.
Draganfly’s overall stock score is primarily impacted by its poor financial performance, with significant losses and cash flow issues. While technical analysis and earnings call insights provide some positive aspects, the valuation remains unattractive due to negative earnings.
To see Spark’s full report on TSE:DPRO stock, click here.
More about Draganfly
Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation. The company provides technology for public safety, agriculture, industrial inspections, security, mapping, and surveying, focusing on delivering efficient, reliable, and industry-leading solutions.
Average Trading Volume: 71,215
Technical Sentiment Signal: Buy
Current Market Cap: C$39.01M
For an in-depth examination of DPRO stock, go to TipRanks’ Overview page.