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Beyond Oil Ltd ( (TSE:BOIL) ) has shared an update.
Beyond Oil Ltd. has received an additional 21,600 kg order from Pilpel Hungary Kft., its exclusive distributor in Hungary, Austria, the Czech Republic and Slovakia, after rapid adoption of its frying-oil treatment product among restaurants, hotels, quick-service chains and catering customers across Central Europe. The order is being pulled forward from Pilpel’s 2026 minimum purchase commitment under their distribution agreement, signalling stronger-than-anticipated demand and validating Beyond Oil’s partner-focused distribution strategy, which leverages Pilpel’s large regional customer base and logistics capabilities and marks a key execution milestone that underpins the company’s growth ambitions and market positioning in the European foodservice sector.
The most recent analyst rating on (TSE:BOIL) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Beyond Oil Ltd stock, see the TSE:BOIL Stock Forecast page.
Spark’s Take on TSE:BOIL Stock
According to Spark, TipRanks’ AI Analyst, TSE:BOIL is a Neutral.
Beyond Oil Ltd’s score is driven by strong corporate events and technical trends, but is tempered by financial performance and valuation concerns. The company’s strategic initiatives and market expansion are promising, yet profitability and cash flow issues need addressing.
To see Spark’s full report on TSE:BOIL stock, click here.
More about Beyond Oil Ltd
Beyond Oil Ltd. is a food-tech innovation company that develops patented solutions to reduce health risks associated with fried foods while lowering operational costs and improving sustainability for foodservice operators. Its technology, cleared by the FDA and Health Canada, targets the global problem of repeatedly reused frying oil in restaurants, hotels, catering operations, manufacturing plants and institutions, cutting harmful compounds linked to cancer and cardiovascular diseases while enhancing food quality and reducing environmental impact.
Average Trading Volume: 90,975
Technical Sentiment Signal: Hold
Current Market Cap: C$211.9M
See more data about BOIL stock on TipRanks’ Stock Analysis page.