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The latest update is out from Rivalry Corp ( (TSE:RVLY) ).
Rivalry Corp. has provided an update on the management cease trade order (MCTO) issued by the Ontario Securities Commission due to delays in filing its annual financial statements. The company expects to complete these filings by June 30, 2025, and its Q1 filings by July 14, 2025. The MCTO will remain until these requirements are met, impacting the company’s regulatory compliance status.
Spark’s Take on TSE:RVLY Stock
According to Spark, TipRanks’ AI Analyst, TSE:RVLY is a Underperform.
Rivalry Corp’s stock score is primarily impacted by its weak financial health, characterized by persistent losses and high leverage. While there are positive strategic efforts in terms of product development and crypto market expansion, they are overshadowed by current financial instability and valuation challenges. Technical indicators further suggest cautious optimism without strong upward momentum, and recent corporate initiatives highlight potential future growth areas.
To see Spark’s full report on TSE:RVLY stock, click here.
More about Rivalry Corp
Rivalry Corp. is a leading sports betting and media company, offering regulated online wagering on esports, traditional sports, and casino games. Based in Toronto, it operates globally in over 20 countries and holds an Isle of Man license, with plans to expand its licensing further.
Average Trading Volume: 60,263
Technical Sentiment Signal: Sell
Current Market Cap: C$3.58M
See more data about RVLY stock on TipRanks’ Stock Analysis page.