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Zentek ( (TSE:ZEN) ) has shared an update.
Zentek Ltd. has announced an updated slate of independent director nominees for its upcoming annual general and special meeting. The new nominees include Matt Fontes and Pete Gettinby, who bring expertise in building innovation and renewable energy, respectively. This strategic update aims to enhance Zentek’s board with diverse skills and experiences, potentially strengthening its market position and operational capabilities.
The most recent analyst rating on (TSE:ZEN) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Zentek stock, see the TSE:ZEN Stock Forecast page.
Spark’s Take on TSE:ZEN Stock
According to Spark, TipRanks’ AI Analyst, TSE:ZEN is a Neutral.
Zentek’s overall stock score is primarily impacted by its financial performance challenges, including negative margins and cash flows. Technical analysis indicates a bearish trend, and valuation metrics are unattractive due to negative earnings. The absence of earnings call and corporate events data limits further insights.
To see Spark’s full report on TSE:ZEN stock, click here.
More about Zentek
Zentek Ltd. is an intellectual property technology development and commercialization company. It focuses on developing innovative technologies and solutions, with a market presence on the Nasdaq and TSX-V exchanges.
Average Trading Volume: 53,891
Technical Sentiment Signal: Sell
Current Market Cap: C$124.6M
Find detailed analytics on ZEN stock on TipRanks’ Stock Analysis page.