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Draganfly ( (TSE:DPRO) ) has provided an announcement.
Draganfly Inc. has strengthened its military and defense capabilities by appointing veterans Victor Meyer and Keith Kimmel to its Military Board of Advisors. This strategic move aims to enhance the company’s defense strategy, ensuring its technologies continue to deliver innovation and reliability in defense and government applications. The new advisors bring extensive military and corporate experience, which will be crucial in expanding Draganfly’s defense capabilities and ensuring its solutions meet the needs of defense and security organizations worldwide.
The most recent analyst rating on (TSE:DPRO) stock is a Buy with a C$14.00 price target. To see the full list of analyst forecasts on Draganfly stock, see the TSE:DPRO Stock Forecast page.
Spark’s Take on TSE:DPRO Stock
According to Spark, TipRanks’ AI Analyst, TSE:DPRO is a Neutral.
Draganfly’s overall stock score is primarily impacted by its poor financial performance, with significant losses and cash flow issues. While technical analysis and earnings call insights provide some positive aspects, the valuation remains unattractive due to negative earnings.
To see Spark’s full report on TSE:DPRO stock, click here.
More about Draganfly
Draganfly Inc. is a leading developer of drone technology and unmanned systems, providing solutions across sectors such as public safety, agriculture, industrial inspection, mapping, and defense. With over 25 years of innovation, the company is dedicated to delivering efficient and reliable technology that aids organizations in saving time, money, and lives.
Average Trading Volume: 82,619
Technical Sentiment Signal: Buy
Current Market Cap: C$65.1M
Find detailed analytics on DPRO stock on TipRanks’ Stock Analysis page.