Block, Inc. Discloses Conflict Minerals Sourcing Inquiry

Block, Inc. Shs Chess Depository Interests Repr 1 Sh ( (AU:XYZ) ) just unveiled an update.

Block, Inc. has conducted a Reasonable Country of Origin Inquiry (RCOI) to determine the source of 3TG minerals used in its hardware products. The inquiry revealed that some of these minerals may originate from the Democratic Republic of the Congo or adjoining countries, prompting the company to exercise due diligence in tracing the source and chain of custody. This disclosure highlights the company’s commitment to ethical sourcing practices, although it acknowledges limitations in the accuracy of third-party information.

The most recent analyst rating on (AU:XYZ) stock is a Buy with a A$138.00 price target. To see the full list of analyst forecasts on Block, Inc. Shs Chess Depository Interests Repr 1 Sh stock, see the AU:XYZ Stock Forecast page.

More about Block, Inc. Shs Chess Depository Interests Repr 1 Sh

Block, Inc. operates in the technology and financial services industry, offering hardware products such as magstripe readers, contactless and chip readers, Square Stand, Square Register, Square Terminal, and Bitkey. These products are manufactured by third parties and are integral to the company’s market focus on payment processing and financial solutions.

Average Trading Volume: 459,349

Technical Sentiment Signal: Sell

Current Market Cap: A$55.71B

Learn more about XYZ stock on TipRanks’ Stock Analysis page.