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Plurilock Secures $1.2 Million Contract, Expands Services with Semiconductor Manufacturer

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Plurilock Secures $1.2 Million Contract, Expands Services with Semiconductor Manufacturer

TipRanks Cyber Monday Sale

Plurilock Security Inc ( (TSE:PLUR) ) has provided an update.

Plurilock Security Inc. has secured a $1.2 million contract with a Nasdaq-listed semiconductor manufacturer, expanding its long-standing relationship. The contract includes a one-year licensing renewal for Data Loss Prevention and an eight-month professional services engagement for Security Operations Support, reinforcing Plurilock’s land-and-expand strategy and its role as a strategic cybersecurity partner in high-risk sectors.

Spark’s Take on TSE:PLUR Stock

According to Spark, TipRanks’ AI Analyst, TSE:PLUR is a Neutral.

Plurilock Security Inc’s overall stock score is primarily impacted by its weak financial performance, characterized by persistent net losses and negative equity. Technical analysis provides a neutral outlook, with no strong momentum signals. Valuation is challenged by negative earnings and the lack of a dividend yield, further weighing down the score.

To see Spark’s full report on TSE:PLUR stock, click here.

More about Plurilock Security Inc

Plurilock Security Inc. is a services-led, product-enabled, AI-native cybersecurity company that addresses complex cyber challenges in high-stakes environments. It is trusted by Five-Eyes governments, NATO-aligned agencies, and Global 2000 enterprises, focusing on defending critical infrastructure and safeguarding systems essential to modern life.

Average Trading Volume: 110,131

Technical Sentiment Signal: Sell

Current Market Cap: C$14.92M

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

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