Canada’s Corus Entertainment Inc. warned that it may soon breach its debt covenants and said it’s planning more restructuring as advertising revenue spirals downward. The shares plunged to a record low.

Analysts advised shareholders to get out before the company is recapitalized. Adam Shine, an analyst at National Bank Financial, cut his price target to 1 Canadian cent. “It’s hard for us to ascribe any remaining value for equity holders,” he wrote. TD Cowen chopped its target to 5 Canadian cents.