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Golden Matrix Group ( (GMGI) ) has issued an update.
On December 2, 2025, Aleksandar Milovanović, the majority stockholder of Golden Matrix Group, unilaterally amended the company’s bylaws without a meeting or solicitation. The amendments allow only stockholders to amend Section 45 of the bylaws and grant the Chairperson the power to postpone meetings or agenda items for up to 30 days. The company does not plan to file a Schedule 14C information statement as the action was not a corporate action.
The most recent analyst rating on (GMGI) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Golden Matrix Group stock, see the GMGI Stock Forecast page.
Spark’s Take on GMGI Stock
According to Spark, TipRanks’ AI Analyst, GMGI is a Neutral.
The overall score reflects Golden Matrix Group’s strong revenue growth and stable financial base, countered by profitability issues and weak technical indicators. The negative earnings and lack of dividend yield further impact the valuation score. Recent stock price declines post-earnings call suggest a cautious outlook.
To see Spark’s full report on GMGI stock, click here.
More about Golden Matrix Group
Average Trading Volume: 220,189
Technical Sentiment Signal: Sell
Current Market Cap: $112.5M
For detailed information about GMGI stock, go to TipRanks’ Stock Analysis page.