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The latest announcement is out from 01 Communique Laboratory Inc. ( (TSE:ONE) ).
01 Quantum Inc. has announced a brokered financing agreement with Hampton Securities Limited to raise between $2 million and $3 million through the sale of units, which include shares and warrants. The proceeds will be used to advance product development, expand teams, and accelerate commercialization efforts, potentially enhancing the company’s market position in the cybersecurity industry.
The most recent analyst rating on (TSE:ONE) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on 01 Communique Laboratory Inc. stock, see the TSE:ONE Stock Forecast page.
Spark’s Take on TSE:ONE Stock
According to Spark, TipRanks’ AI Analyst, TSE:ONE is a Neutral.
The overall stock score is primarily impacted by the company’s weak financial performance, characterized by declining revenues and persistent losses. Technical analysis provides a neutral outlook, while poor valuation metrics further weigh down the score.
To see Spark’s full report on TSE:ONE stock, click here.
More about 01 Communique Laboratory Inc.
01 Quantum Inc., formerly 01 Communique Laboratory Inc., is a pioneering enterprise in the realm of post-quantum cybersecurity and remote access solutions. The company is renowned for its IronCAP™ product line, which focuses on post-quantum cybersecurity and is protected by U.S. patents. Additionally, it offers a suite of secure remote access services and products.
Average Trading Volume: 117,572
Technical Sentiment Signal: Buy
Current Market Cap: C$57.3M
See more data about ONE stock on TipRanks’ Stock Analysis page.