Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Perimeter Medical Imaging AI ( (TSE:PINK) ) has issued an update.
Perimeter Medical Imaging AI reported that shareholders approved all items at its annual general and special meeting, including the election of four directors to its board after the post-meeting resignation of Michelle Caron for personal reasons, and the appointment of KPMG LLP as auditor. Investors also backed a significant amendment to the company’s omnibus equity incentive plan, raising the pool of shares available for equity-based compensation to 20% of outstanding common shares, subject to final TSX Venture Exchange approval, a move that strengthens its ability to attract and retain talent as it advances its AI-powered B-Series platform toward anticipated regulatory milestones in 2026.
The most recent analyst rating on (TSE:PINK) stock is a Hold with a C$0.34 price target. To see the full list of analyst forecasts on Perimeter Medical Imaging AI stock, see the TSE:PINK Stock Forecast page.
Spark’s Take on TSE:PINK Stock
According to Spark, TipRanks’ AI Analyst, TSE:PINK is a Neutral.
The overall stock score is primarily impacted by financial performance challenges, including negative profitability and cash flow issues. While technical analysis shows bullish momentum, the valuation reflects ongoing losses, limiting the stock’s attractiveness.
To see Spark’s full report on TSE:PINK stock, click here.
More about Perimeter Medical Imaging AI
Perimeter Medical Imaging AI is a commercial-stage medical technology company based in Toronto and Dallas that develops ultra-high-resolution, real-time imaging tools aimed at improving cancer surgery outcomes. Its FDA-cleared Perimeter S-Series OCT system provides cross-sectional visualization of excised tissue at the cellular level across the U.S., while its investigational Perimeter B-Series OCT with ImgAssist AI, supported by a grant from the Cancer Prevention and Research Institute of Texas, represents its next-generation AI-driven platform currently under clinical evaluation.
Average Trading Volume: 129,296
Technical Sentiment Signal: Hold
Current Market Cap: C$46.26M
For an in-depth examination of PINK stock, go to TipRanks’ Overview page.