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Kermode Resources ( (TSE:KLM) ) just unveiled an announcement.
Kermode Resources Ltd. has announced a change in its auditing firm from Davidson LLP to MNP LLP, with the transition approved by the board and audit committee without any reservations or reportable events. Additionally, the company has adopted an advance notice policy to streamline the nomination process for board elections, which will be subject to shareholder approval for inclusion in the company’s articles at the next shareholders’ meeting.
Spark’s Take on TSE:KLM Stock
According to Spark, TipRanks’ AI Analyst, TSE:KLM is a Underperform.
Kermode Resources exhibits high financial risk with consistent losses and no revenue, reflected in a low financial performance score. While recent corporate events show potential for strategic growth, they are overshadowed by governance issues and financial constraints. Technical analysis indicates limited momentum, and the valuation metrics suggest overvaluation. These factors collectively contribute to a low overall stock score.
To see Spark’s full report on TSE:KLM stock, click here.
More about Kermode Resources
Kermode Resources Ltd. is a mineral exploration company based in British Columbia and Alberta, with its common shares listed on the TSXV under the symbol ‘KLM’.
Average Trading Volume: 1,360,499
Technical Sentiment Signal: Sell
Current Market Cap: C$456.2K
For detailed information about KLM stock, go to TipRanks’ Stock Analysis page.