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Zenith Energy ( (GB:ZEN) ) just unveiled an announcement.
Zenith Energy Ltd. announced the results of its Swedish Depository Receipts (SDR) offering, which is part of its planned listing on the Spotlight Stock Market. The offering was subscribed to approximately SEK 6.9 million, with the remaining portion covered by guarantors, resulting in a total of SEK 19.9 million before costs. The company’s SDRs are set to begin trading on October 7, 2025. This move is expected to enhance Zenith’s market presence and attract new investors, supporting its growth strategy.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Spark’s Take on GB:ZEN Stock
According to Spark, TipRanks’ AI Analyst, GB:ZEN is a Neutral.
Zenith Energy’s overall stock score is primarily impacted by its financial performance and technical analysis. Despite strong revenue growth, the company faces significant challenges with profitability and cash flow. The technical indicators suggest bearish momentum, and the valuation metrics highlight concerns about unprofitability. While corporate events show some positive financial stability, legal challenges pose additional risks.
To see Spark’s full report on GB:ZEN stock, click here.
More about Zenith Energy
Zenith Energy Ltd. is an independent energy company engaged in energy production, exploration, and development with assets in North Africa, the US, and Europe. The company is listed on the London Stock Exchange Main Market and the Euronext Growth of the Oslo Stock Exchange. Zenith focuses on developing proven revenue-generating energy production assets and conducting low-risk exploration activities in existing production assets.
Average Trading Volume: 746,801
Technical Sentiment Signal: Sell
Current Market Cap: £13.34M
Learn more about ZEN stock on TipRanks’ Stock Analysis page.