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An announcement from Advance ZincTek Limited ( (AU:ANO) ) is now available.
Advance ZincTek Limited has responded to allegations made in a recent television broadcast concerning the quality of its zinc oxide supplied in 2024. The company has rejected these claims as misleading and deceptive, and it plans to defend its reputation through legal channels. Despite the allegations, ANO continues to export significant quantities of zinc oxide globally, with no reported performance issues, underscoring its strong market position.
The most recent analyst rating on (AU:ANO) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Advance ZincTek Limited stock, see the AU:ANO Stock Forecast page.
More about Advance ZincTek Limited
Advance ZincTek Limited operates in the chemical industry, specializing in the production and export of zinc oxide. The company supplies its products to over 40 countries, focusing significantly on the United States market, where it provides zinc oxide for sunscreen production.
Average Trading Volume: 11,775
Technical Sentiment Signal: Hold
Current Market Cap: A$74.24M
Find detailed analytics on ANO stock on TipRanks’ Stock Analysis page.