tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Dye & Durham Corrects Financial Disclosure in Annual Information Form

Story Highlights
  • Dye & Durham refiles its Annual Information Form to correct a financial disclosure error.
  • The corrected form shows a $13 million increase in the revolving credit facility usage.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dye & Durham Corrects Financial Disclosure in Annual Information Form

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Dye & Durham ( (TSE:DND) ) just unveiled an announcement.

Dye & Durham Limited announced the refiling of its Annual Information Form to correct a typographical error regarding the balance on its revolving credit facility. The correction indicates that as of June 30, 2025, $47.5 million was drawn under the New Revolving Facility, reflecting an increase of $13 million since March 31, 2025. This adjustment highlights the company’s routine financial management practices and ensures accurate financial disclosures for stakeholders.

The most recent analyst rating on (TSE:DND) stock is a Buy with a C$16.00 price target. To see the full list of analyst forecasts on Dye & Durham stock, see the TSE:DND Stock Forecast page.

Spark’s Take on TSE:DND Stock

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

Dye & Durham’s overall score reflects financial challenges, including high leverage and net losses, which are the most significant concerns. However, strategic initiatives in corporate governance and operations, along with improved customer metrics, provide some optimism. Technical indicators and valuation also suggest caution in the short term.

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

More about Dye & Durham

Dye & Durham Limited provides premier practice management solutions for legal professionals, delivers vital data insights for corporate transactions, and enables essential payments infrastructure for government and financial institutions. The company operates in Canada, the United Kingdom, Ireland, Australia, and South Africa.

Average Trading Volume: 229,108

Technical Sentiment Signal: Sell

Current Market Cap: C$526.6M

Learn more about DND stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1