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Roadman Investments ( (TSE:LITT) ) just unveiled an update.
FutureGen Industries Corp. has retained Venture Liquidity Providers Inc. to provide market-making services for its common shares, aiming to support an orderly trading market on the TSX Venture Exchange. The three-month agreement, carried out through registered broker W.D. Latimer Co. Ltd. and renewable monthly, underscores the company’s efforts to improve share liquidity and trading stability without diluting existing shareholders, as VLP is compensated solely in cash and holds no interest in the company or its securities.
The most recent analyst rating on (TSE:LITT) stock is a Hold with a C$0.34 price target. To see the full list of analyst forecasts on Roadman Investments stock, see the TSE:LITT Stock Forecast page.
Spark’s Take on TSE:LITT Stock
According to Spark, TipRanks’ AI Analyst, TSE:LITT is a Neutral.
The score is held back primarily by weak financial performance (small scale, recurring losses, and negative operating/free cash flow with potential financing risk). Offsetting this, technicals are strong with the stock trading above major moving averages and positive MACD, while valuation remains constrained by negative earnings and no dividend data.
To see Spark’s full report on TSE:LITT stock, click here.
More about Roadman Investments
FutureGen Industries Corp., formerly Right Season Investments Corp., is a Canadian venture capital, investment and advisory firm focused on actively driving innovation and accelerating growth for its shareholders by deploying capital into private and public companies with strong growth prospects.
Average Trading Volume: 25,783
Technical Sentiment Signal: Buy
Current Market Cap: C$12.44M
Find detailed analytics on LITT stock on TipRanks’ Stock Analysis page.