Corus Entertainment Inc's stock has remained steady this week amid ongoing credit facility updates.
Corus Entertainment Inc (CJR-B.TO) has seen no price movement this week, maintaining its last close at C$0.04. This stagnation reflects the company's ongoing challenges in the communication services sector, particularly regarding its financial restructuring efforts.
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Corus Entertainment Inc
CJR-B.TO
CJR-B.TO
Corus Entertainment Inc
WealthAwesomeMarket cap
$6.98M
52W high
$0.11
52W low
$0.03
1W change
+0.00%
Beta
1.51
Analyst Price Targets
Based on analyst covering CJR-B
Wall Street analysts forecast CJR-B stock price to rise 14.3% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$0.04
+14.3% Upside
Current Price
C$0.04
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CJR-B's historical volatility
30-Day Vol
162.2%
Annualized
90-Day Vol
164.9%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$0.04
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$0.04 | C$0.02 โ C$0.07 |
| 60 trading days | C$0.04 | C$0.02 โ C$0.09 |
| 90 trading days | C$0.04 | C$0.02 โ C$0.11 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should be aware of Corus's ongoing credit facility updates and recapitalization efforts, as these may impact future performance. The stock's current price near its 52-week low suggests caution, but a moderately bullish outlook from analysts could indicate potential for recovery.
Corus Entertainment's stock remains at C$0.04 with a 52-week range of C$0.03 to C$0.11.
With a market cap of approximately C$6.98 million and a high beta of 1.51, the stock is more volatile compared to the market, indicating potential risks for investors.
Bull case
Analysts are moderately optimistic about Corus. If the company successfully navigates its recapitalization, it could stabilize and improve its financial standing.
Bear case
Concerns about the company's long-term viability stem from its negative profit margins and significant debt. If the recapitalization efforts donโt yield positive results, these issues could worsen.
Price Action Overview
Corus Entertainment Inc's stock has remained unchanged this week, closing at C$0.04. The stock has not seen any significant movement over the past month either, reflecting a stable but concerning position near its 52-week low.
Recent Company News
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No major company news was reported this week. However, Corus has recently been active in extending its waiver and standstill agreement with lenders, which is part of its ongoing recapitalization efforts. The latest updates indicate that the agreement has been extended to September 1, 2026, providing the company with additional time to stabilize its financial situation.
Technical Picture
From a technical perspective, Corus Entertainment's stock is trading at its 50-day moving average of C$0.04, which is 9.3% lower than the current price. The 200-day moving average also stands at C$0.04, indicating that the stock has not shown significant upward momentum over the long term. The stock's beta of 1.51 suggests it is more volatile than the broader market, and the latest trading volume of 32,362 shares is approximately 1.06 times the 20-day average volume of 138,101 shares.
Insider Activity
No insider activity has been reported for Corus Entertainment this week, which may indicate a lack of confidence from internal stakeholders in the current market conditions.
Conclusion
Corus Entertainment Inc's stock remains at C$0.04, reflecting a stable position amidst ongoing challenges. Investors should keep an eye on the company's recapitalization efforts and any future updates regarding its credit facility, as these could significantly influence its performance moving forward.
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