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An announcement from Eden Innovations ( (AU:EDE) ) is now available.
Eden Innovations has secured its largest order to date from Holcim Ecuador for its EdenCrete®Pz7 product, valued at approximately A$514,833. This order signifies a growing demand for Eden’s product, with expectations for annual sales to Holcim Ecuador to reach around US$800,000. The ongoing relationship with Holcim, a major player in the global cement and concrete industry, is crucial for Eden’s strategic goal of achieving positive cash flow by 2026.
The most recent analyst rating on (AU:EDE) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Eden Innovations stock, see the AU:EDE Stock Forecast page.
More about Eden Innovations
Eden Innovations Limited is a company operating in the nanomaterial industry, focusing on innovative concrete additives. Their primary product, EdenCrete®Pz7, is designed to enhance the strength and durability of concrete, positioning the company as a leader in this niche market.
YTD Price Performance: 71.43%
Average Trading Volume: 1,001,279
Technical Sentiment Signal: Sell
Current Market Cap: A$23.34M
For an in-depth examination of EDE stock, go to TipRanks’ Overview page.