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An announcement from OverActive Media Corp ( (TSE:OAM) ) is now available.
OverActive Media Corp. announced a debt financing plan involving a C$1,000,000 loan from its Chairman, Sheldon Pollack. The loan, secured by accounts receivable, will support the company’s growth strategy for its ActiveVoices platform, aiming to scale it into a global technology platform. This financing is part of OverActive’s broader goal to build a profitable, asset-backed digital media company.
The most recent analyst rating on (TSE:OAM) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on OverActive Media Corp stock, see the TSE:OAM Stock Forecast page.
Spark’s Take on TSE:OAM Stock
According to Spark, TipRanks’ AI Analyst, TSE:OAM is a Neutral.
OverActive Media Corp’s stock score is primarily impacted by its financial performance challenges, including profitability and cash flow issues. While the earnings call provided some positive insights into revenue growth and strategic initiatives, the technical analysis and valuation metrics suggest caution. The stock’s bearish trend and negative P/E ratio weigh heavily on its overall attractiveness.
To see Spark’s full report on TSE:OAM stock, click here.
More about OverActive Media Corp
OverActive Media Corp. is a global media, sports, and entertainment company that delivers integrated marketing solutions, content, and live experiences. It operates esports teams and proprietary platforms with a presence in Toronto, Madrid, and Berlin, owning franchises in prominent esports leagues, including Movistar KOI and Toronto ULTRA.
Average Trading Volume: 29,098
Technical Sentiment Signal: Hold
Current Market Cap: C$37.93M
See more data about OAM stock on TipRanks’ Stock Analysis page.