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Richard Christensen, CFO of Golden Matrix Group, Inc. (NASDAQ:GMGI), recently purchased shares of the company’s common stock in two transactions. On November 3, 2025, Christensen acquired 15,000 shares at prices ranging from $1.02 to $1.03. The next day, November 4, Christensen bought another 10,000 shares at prices ranging from $0.98 to $0.99.
The total value of the purchases amounted to $25,200. Following these transactions, Christensen directly owns 120,000 shares of Golden Matrix Group.
In other recent news, Golden Matrix Group Inc. reported record revenue for August, totaling $17.8 million. This figure marks an 18% increase compared to the $15.1 million recorded in August of the previous year. The company also experienced a strong July, with revenue reaching $15.7 million, up 24% from $12.7 million in July 2024. However, Golden Matrix’s second-quarter 2025 earnings showed mixed results, with a net loss of $3.6 million, or $0.03 per share, which was greater than the forecasted loss of $0.0033 per share. Revenue for the quarter was $43.25 million, falling short of the expected $46.38 million. In terms of analyst coverage, Freedom Capital Markets initiated coverage on Golden Matrix with a Buy rating and set a price target of $1.80. The firm highlighted the company’s operations in multiple gaming verticals and its recurring revenue model. These recent developments provide a comprehensive look at Golden Matrix’s current financial performance and market position.
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