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The latest update is out from Aduro Clean Technologies ( (TSE:ACT) ).
Aduro Clean Technologies is progressing on schedule with its Hydrochemolytic™ Technology Next Generation Process (NGP) Pilot Plant, which is crucial for validating continuous operation and establishing parameters for various feedstocks. The plant, which includes systems for feedstock preparation, conversion, and product recovery, is set to begin commissioning in September 2025. Site preparations and expansions at Aduro’s London laboratory facilities have been completed to accommodate the pilot plant, and key equipment has been tested and is ready for installation. The project involves collaboration with partners like Zeton and Siemens to ensure successful integration and operation, with the aim of supporting environmental assessments and lifecycle analyses.
The most recent analyst rating on (TSE:ACT) stock is a Buy with a C$50.00 price target. To see the full list of analyst forecasts on Aduro Clean Technologies stock, see the TSE:ACT Stock Forecast page.
Spark’s Take on TSE:ACT Stock
According to Spark, TipRanks’ AI Analyst, TSE:ACT is a Neutral.
The overall score reflects significant financial challenges due to negative profitability and cash flow, despite a strong equity position. Positive corporate events and technical indicators show some promise, but valuation concerns and the lack of earnings call insights leave uncertainties.
To see Spark’s full report on TSE:ACT stock, click here.
More about Aduro Clean Technologies
Aduro Clean Technologies Inc. is a clean technology company that leverages chemistry to convert lower-value feedstocks, such as waste plastics, heavy bitumen, and renewable oils, into valuable resources. The company is focused on transforming these materials into resources suitable for the 21st century.
Average Trading Volume: 20,195
Technical Sentiment Signal: Buy
Current Market Cap: C$467.2M
For detailed information about ACT stock, go to TipRanks’ Stock Analysis page.
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