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Abaxx Technologies Inc ( (TSE:ABXX) ) has issued an announcement.
Abaxx Technologies Inc. announced the launch of its Enwex United Kingdom Onshore Wind futures contract, set for December 12, 2025, pending regulatory review. This new offering expands Abaxx’s suite of weather-indexed benchmarks, providing a standardized tool for managing weather-driven volume risk in the UK’s wind-dependent power system. The contract is designed to strengthen renewable generation risk hedging in a region where wind plays a significant role in energy generation. This move is part of Abaxx’s broader strategy to enhance its market positioning in the renewable energy sector.
The most recent analyst rating on (TSE:ABXX) stock is a Buy with a C$81.00 price target. To see the full list of analyst forecasts on Abaxx Technologies Inc stock, see the TSE:ABXX Stock Forecast page.
Spark’s Take on TSE:ABXX Stock
According to Spark, TipRanks’ AI Analyst, TSE:ABXX is a Neutral.
Abaxx Technologies Inc. has strong revenue growth and a solid balance sheet, but it remains unprofitable with negative cash flow, significantly impacting its financial performance score. Technical analysis points to a stable stock price without significant upward momentum. Valuation metrics are poor due to negative profitability. However, strategic corporate events positively influence the overall score by enhancing financial stability and market potential.
To see Spark’s full report on TSE:ABXX stock, click here.
More about Abaxx Technologies Inc
Abaxx Technologies Inc. is a financial software and market infrastructure company that focuses on developing and deploying financial technologies to facilitate communication, trade, and secure transactions. The company is the majority shareholder of Abaxx Singapore, which owns the Abaxx Commodity Exchange and Clearinghouse. Abaxx is committed to building ‘Smarter Markets’ by providing market-based solutions for challenges like the energy transition, through centrally-cleared futures contracts in various commodities and modernizing physical gold trading.
Average Trading Volume: 193,538
Technical Sentiment Signal: Buy
Current Market Cap: C$61.56M
For detailed information about ABXX stock, go to TipRanks’ Stock Analysis page.