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Greenrise Global Brands Inc ( (TSE:XCX) ) has provided an announcement.
Greenrise Global Brands Inc. has filed its audited financial statements and related documents for the year ended December 30, 2024, which is expected to lead to the revocation of the Management Cease Trade Order (MCTO) issued on May 1, 2025. This development will allow the company’s directors and officers to resume trading securities, and the company plans to file its unaudited interim financial statements for the first quarter of 2025 by June 12, 2025.
Spark’s Take on TSE:XCX Stock
According to Spark, TipRanks’ AI Analyst, TSE:XCX is a Underperform.
The overall stock score is significantly impacted by the company’s critical financial condition, characterized by high leverage, negative equity, and cash flow problems. Technical analysis provides a slight positive offset with some short-term momentum, while valuation metrics reinforce concerns due to negative earnings and the lack of dividends.
To see Spark’s full report on TSE:XCX stock, click here.
More about Greenrise Global Brands Inc
Greenrise Global Brands Inc. is a publicly traded investment holding company with investments in the German cannabis industry.
Average Trading Volume: 14,642
Technical Sentiment Signal: Hold
Current Market Cap: C$236.2K
For a thorough assessment of XCX stock, go to TipRanks’ Stock Analysis page.