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Beyond Oil Ltd ( (TSE:BOIL) ) has shared an update.
Beyond Oil Ltd. announced the publication of a Medical Opinion by Professor Ilan Ron, highlighting the potential of their product to reduce gastrointestinal cancer risks associated with reused frying oils. The findings suggest that Beyond Oil’s technology can significantly lower carcinogen levels in frying oils, making it a valuable preventive tool for both consumers and food service workers, and supporting its integration into public health policies.
Spark’s Take on TSE:BOIL Stock
According to Spark, TipRanks’ AI Analyst, TSE:BOIL is a Neutral.
Beyond Oil Ltd has strong revenue growth and strategic global expansion as key strengths. However, financial challenges like negative profitability and cash flow, coupled with weak valuation metrics, lower the overall score. The corporate events positively impact the score by demonstrating growth potential and strategic initiatives.
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 focused on reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability.
Average Trading Volume: 138,322
Technical Sentiment Signal: Buy
See more data about BOIL stock on TipRanks’ Stock Analysis page.