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Marygold Companies Sells Subsidiary to SKCAL LLC

Story Highlights
  • Marygold Companies to sell Brigadier Security Systems to SKCAL LLC for $2.2 million.
  • The sale aligns with Marygold’s strategy to focus on financial services and reduce debt.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Marygold Companies Sells Subsidiary to SKCAL LLC

Don’t Miss TipRanks’ Half-Year Sale

The latest announcement is out from Marygold Companies ( (MGLD) ).

On June 19, 2025, The Marygold Companies, Inc. announced an agreement to sell its wholly-owned subsidiary, Brigadier Security Systems Ltd., to SKCAL LLC for approximately $2.2 million. This transaction, expected to close on July 1, 2025, aligns with Marygold’s strategy to focus on financial services, with proceeds intended to reduce corporate debt and support general corporate purposes. The sale is not deemed significant under regulatory definitions, but it reflects a strategic shift in company focus.

Spark’s Take on MGLD Stock

According to Spark, TipRanks’ AI Analyst, MGLD is a Neutral.

The overall stock score is primarily impacted by weak financial performance and a challenging valuation. The company’s operational difficulties and negative cash flow are significant concerns. Technical analysis further highlights bearish momentum, while the absence of an earnings call or corporate events does not influence the score.

To see Spark’s full report on MGLD stock, click here.

More about Marygold Companies

The Marygold Companies, Inc. is a diversified global holding firm founded in 1996 and repositioned in 2015. It operates subsidiaries in various sectors including ETF fund management, financial services, food manufacturing, printing, security systems, and beauty products, with operations in the U.S., New Zealand, U.K., and Canada.

Average Trading Volume: 9,546

Technical Sentiment Signal: Sell

Current Market Cap: $38.12M

Learn more about MGLD stock on TipRanks’ Stock Analysis page.

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