Geekco Extends Private Placement and Announces Board Change

Geekco Technologies Corporation Class A ( (TSE:GKO) ) just unveiled an update.

Geekco Technologies Corporation has announced an extension of its private placement until June 4, 2025, with the first tranche already raising $149,000. Additionally, the company has accepted the resignation of Mr. Sylvain Aird from its Board of Directors, acknowledging his contributions and wishing him well in future endeavors.

Spark’s Take on TSE:GKO Stock

According to Spark, TipRanks’ AI Analyst, TSE:GKO is a Underperform.

The overall stock score for Geekco Technologies Corporation is significantly impacted by its poor financial performance, characterized by negative margins, persistent losses, and high financial leverage. While there is some short-term positive momentum in the technical indicators, the overbought RSI and negative valuation metrics such as a negative P/E ratio limit the appeal of the stock. The absence of any positive earnings guidance or notable corporate events further constrains the potential for improved investor sentiment. The combined factors suggest caution for potential investors.

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

More about Geekco Technologies Corporation Class A

Geekco Technologies Corporation is at the forefront of technological solutions that revolutionize marketing by fostering interactions between consumers and shops. Its Tell Me application enables real-time business discovery, offers exclusive rewards, and facilitates job searches, thereby increasing shop traffic and visibility.

YTD Price Performance: 33.33%

Average Trading Volume: 109,803

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$2.9M

For a thorough assessment of GKO stock, go to TipRanks’ Stock Analysis page.