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Corus Entertainment shares plummeted 14.3% amid a quarterly loss and ongoing financial struggles.
Corus Entertainment shares dropped 14.3% to C$0.03 on Monday amid a quarterly loss of C$0.36 per share, revenue of C$232.09 million, and negative net and return on equity margins.
The company, which operates in Canada’s television and radio sectors, faces financial challenges with a debt-to-equity ratio of 254.56, a market cap of C$5.98 million, and a negative P/E ratio.
Analysts maintain a "Reduce" rating with a C$0.08 price target and project a modest EPS of 0.054 for the current year.
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Las acciones de Corus Entertainment cayeron un 14,3% en medio de una pérdida trimestral y las continuas dificultades financieras.