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Andfjord Salmon AS ( (DE:50R) ) has provided an announcement.
Andfjord Salmon has successfully registered a share capital increase following a subsequent offering of 11,592 new shares at NOK 35.00 each, bringing the total share capital to NOK 84,773,463. This development signifies a strategic financial maneuver to bolster its operations, potentially enhancing its market position and offering implications for stakeholders in the sustainable aquaculture industry.
More about Andfjord Salmon AS
Andfjord Salmon, based in Andøya, Norway, is pioneering sustainable and fish-friendly aquaculture through a unique flow-through system that merges ocean and land-based salmon farming. The company has achieved remarkable metrics in its first production cycle, including a 97.5% survival rate and a feed conversion ratio of 1.05.
YTD Price Performance: -21.99%
Average Trading Volume: 78
Technical Sentiment Signal: Strong Buy
Current Market Cap: €222.6M
Learn more about 50R stock on TipRanks’ Stock Analysis page.