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Golden Matrix Group Inc (NASDAQ:GMGI) CFO Richard Christensen reported purchasing 20,000 shares of common stock on November 7, 2025, according to a Form 4 filing with the Securities and Exchange Commission.
The shares were bought in one transaction at prices ranging from $0.89 to $0.90, inclusive, for a total value of $18,000. Following the transaction, Christensen directly owns 150,000 shares of Golden Matrix Group.
In other recent news, Golden Matrix Group Inc. reported record revenue of $17.8 million for August. This marks an 18% increase compared to the $15.1 million recorded in the same month last year. Additionally, the company posted strong results for July with revenue of $15.7 million, a 24% rise from $12.7 million in July 2024. These figures highlight a consistent upward trend in the company’s financial performance. In related developments, Freedom Capital Markets initiated coverage on Golden Matrix with a Buy rating. The firm set a price target of $1.80, indicating a potential upside of 80%. Freedom Capital Markets noted Golden Matrix’s operations across various gaming verticals as a key factor in their assessment. These recent developments provide investors with insights into the company’s financial health and market position.
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