Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
California Nanotechnologies ( (TSE:CNO) ) has issued an announcement.
California Nanotechnologies Corp. has secured two purchase orders worth approximately $196,250 from a U.S.-based company focused on advanced small modular nuclear reactors. These orders involve the production of boron-carbide reactor control rods for the client’s first demonstration reactor, highlighting Cal Nano’s role in the domestic nuclear supply chain. The company’s expertise in advanced materials and rapid production capabilities were key in securing this partnership. Additionally, Cal Nano will host its inaugural SPS/FAST Experts Workshop in March 2026, showcasing advanced sintering technologies and offering networking opportunities.
The most recent analyst rating on (TSE:CNO) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on California Nanotechnologies stock, see the TSE:CNO Stock Forecast page.
Spark’s Take on TSE:CNO Stock
According to Spark, TipRanks’ AI Analyst, TSE:CNO is a Neutral.
The overall stock score is primarily influenced by strong financial performance in terms of revenue growth and cash flow generation, despite profitability challenges and high leverage. Technical analysis indicates a bearish trend with potential short-term overbought conditions. Valuation concerns due to a negative P/E ratio and lack of dividend yield further impact the score.
To see Spark’s full report on TSE:CNO stock, click here.
More about California Nanotechnologies
California Nanotechnologies Corp. (Cal Nano) is a company based in Greater Los Angeles, California, specializing in processing metallurgic powders into parts. It serves a diverse clientele, including Fortune 500 companies and startups, across industries like aerospace, renewable energy, defense, and semiconductors. The company operates advanced processing and testing machinery across two manufacturing facilities to meet materials research and production needs.
Average Trading Volume: 73,164
Technical Sentiment Signal: Sell
Current Market Cap: C$19.47M
See more insights into CNO stock on TipRanks’ Stock Analysis page.