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Dye & Durham ( (TSE:DND) ) has provided an announcement.
Dye & Durham has disclosed a further delay in filing its audited financial statements for fiscal 2025 and its first-quarter results to September 30, 2025, after its auditor requested additional time to review historical revenue recognition practices under prior management. While current management believes any cumulative adjustments from earlier periods would be immaterial, the auditor will not issue an opinion until its review is complete, leaving a cease-trade order from the Ontario Securities Commission in place and forcing the company to seek court approval to postpone its December 31 annual and special shareholders’ meeting and reset the record date, with new materials to be circulated once a revised timetable is established.
The most recent analyst rating on (TSE:DND) stock is a Hold with a C$4.50 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 is a legal-technology and data services provider that offers practice management solutions for legal professionals, delivers data insights to support corporate transactions, and operates payments infrastructure relied upon by government entities and financial institutions. The company has an international footprint with operations across Canada, the United Kingdom, Ireland, Australia and South Africa.
Average Trading Volume: 717,528
Technical Sentiment Signal: Sell
Current Market Cap: C$265.3M
For detailed information about DND stock, go to TipRanks’ Stock Analysis page.