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The latest update is out from Andfjord Salmon AS ( (DE:50R) ).
Andfjord Salmon has successfully completed pool K1 and reported strong biological conditions in pool K0 following the recent release of 350,000 smolt. With a survival rate of 99.97% and significant growth in smolt weight, the company is poised for further expansion with plans to release 750,000 smolt into the newly completed K1 pool. This development is part of Andfjord’s ongoing efforts to enhance its production capabilities at Kvalnes, aiming for a future production capacity of approximately 48,100 tonnes.
More about Andfjord Salmon AS
Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord Salmon is developing the world’s most sustainable and fish-friendly aquaculture facility. The company combines ocean and land-based salmon farming through a proprietary flow-through system, achieving high survival rates and efficient production metrics.
YTD Price Performance: -27.07%
Average Trading Volume: 21,599
Current Market Cap: NOK2.86B
For detailed information about 50R stock, go to TipRanks’ Stock Analysis page.