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The latest update is out from BIGG Digital Assets ( (TSE:BIGG) ).
BIGG Digital Assets has announced that its subsidiary, Netcoins, has received an extension for its exemptive relief to operate a crypto trading platform in Canada for another two years. This extension positions Netcoins to advance its application to become a registered investment dealer and a CIRO dealer member. The company emphasizes its commitment to compliance and transparency, with plans to meet specified regulatory milestones. The extension allows Netcoins to continue serving its growing customer base while working towards achieving full regulatory status.
Spark’s Take on TSE:BIGG Stock
According to Spark, TipRanks’ AI Analyst, TSE:BIGG is a Neutral.
The overall stock score is primarily influenced by financial performance, which highlights strong revenue growth but significant profitability challenges. Technical analysis suggests a neutral trend, while valuation is weak due to negative earnings and lack of dividends. The absence of earnings call and corporate events data limits further insights.
To see Spark’s full report on TSE:BIGG stock, click here.
More about BIGG Digital Assets
BIGG Digital Assets Inc. is a company that owns, operates, and invests in crypto businesses aimed at supporting a compliant and safe digital asset ecosystem. Its portfolio includes Netcoins, a regulated crypto trading platform in Canada and the US; Blockchain Intelligence Group, which provides blockchain analytics and forensics solutions; and TerraZero Technologies, which focuses on immersive media, Metaverse, and Web3 development.
Average Trading Volume: 235,451
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$35.33M
See more data about BIGG stock on TipRanks’ Stock Analysis page.