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Cadiz Signs MOU for Colorado River Water Project

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Cadiz Signs MOU for Colorado River Water Project

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An update from Cadiz ( (CDZI) ) is now available.

On September 25, 2025, Cadiz Inc., through its management of Fenner Gap Mutual Water Company, entered into a Memorandum of Understanding (MOU) with the U.S. Bureau of Reclamation and Fenner Valley Water Authority to explore water augmentation opportunities for the Colorado River via the Mojave Groundwater Bank project in San Bernardino County, California. This collaboration aims to study the potential delivery of conserved water to Lake Mead and assess the benefits of aquifer storage, supporting efforts to address drought conditions and enhance water storage in Southern California and the Lower Colorado River Basin. The MOU, which is non-binding, outlines a framework for data sharing and research, with the potential to significantly impact water management strategies in the region.

The most recent analyst rating on (CDZI) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Cadiz stock, see the CDZI Stock Forecast page.

Spark’s Take on CDZI Stock

According to Spark, TipRanks’ AI Analyst, CDZI is a Neutral.

Cadiz’s overall score is driven by strong revenue growth and a promising corporate event involving clean energy projects. However, financial instability due to negative profitability and cash flow, coupled with valuation concerns, weigh down the score. Technical analysis shows moderate bullish momentum, offering some optimism.

To see Spark’s full report on CDZI stock, click here.

More about Cadiz

Average Trading Volume: 535,407

Technical Sentiment Signal: Buy

Current Market Cap: $378.1M

See more insights into CDZI stock on TipRanks’ Stock Analysis page.

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