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Drone Delivery Canada ( (TSE:FLT) ) has provided an update.
Volatus Aerospace has partnered with ARCO Worldwide Services to deliver professional drone training programs in Nigeria through ARCO Aviation Academy. This collaboration aims to align Nigeria’s drone pilot training with international standards and enhance the country’s position in the West African drone industry by empowering a new generation of certified drone professionals.
The most recent analyst rating on (TSE:FLT) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Drone Delivery Canada stock, see the TSE:FLT Stock Forecast page.
Spark’s Take on TSE:FLT Stock
According to Spark, TipRanks’ AI Analyst, TSE:FLT is a Neutral.
Drone Delivery Canada’s stock score is primarily influenced by its financial performance, which shows growth in revenue but significant profitability challenges. Technical analysis suggests short-term bullish momentum, but valuation concerns due to negative earnings impact the overall attractiveness. The absence of earnings call and corporate events data limits additional insights.
To see Spark’s full report on TSE:FLT stock, click here.
More about Drone Delivery Canada
Volatus Aerospace is a leader in innovative global aerial solutions for intelligence and cargo, leveraging over 100 years of combined institutional knowledge in aviation. The company provides meaningful aerial solutions across various industries using both piloted and remotely piloted aircraft systems, focusing on enhancing operational efficiency, safety, and sustainability.
Average Trading Volume: 2,585,077
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$464.7M
For a thorough assessment of FLT stock, go to TipRanks’ Stock Analysis page.