Golden Matrix Group CEO Resigns, Interim CEO Appointed

Golden Matrix Group ( (GMGI) ) just unveiled an announcement.

Golden Matrix Group, Inc. announced that its Chief Executive Officer, Anthony Brian Goodman, resigned effective December 12, 2025, following a mutual agreement with the company. As part of the severance agreement, Mr. Goodman received a payment of $951,750, with a portion held in escrow. William Scott, the Executive Chairman of the Board, has been appointed as the Interim Chief Executive Officer and Principal Executive Officer. The company is actively seeking a successor independent director to fill the vacancy on the Board.

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: 222,468

Technical Sentiment Signal: Sell

Current Market Cap: $120.1M

See more insights into GMGI stock on TipRanks’ Stock Analysis page.