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An update from Fae Technology S.P.A ( (IT:FAE) ) is now available.
FAE Technology S.p.A. has launched the ReLife4PCBA project, a pioneering initiative in Italy aimed at creating a circular system for refurbishing electronic boards. The project, valued at 1.9 million euros and supported by the European Commission’s LIFE program, involves collaboration with companies Daze, Socaf, and Ecomet Refining S.p.A. It seeks to extend the life of electronic components, reduce electronic waste, and recover valuable raw materials. This initiative is expected to enhance FAE Technology’s position in the industry by offering sustainable solutions and fostering innovation in electronic waste management.
The most recent analyst rating on (IT:FAE) stock is a Buy with a EUR5.20 price target. To see the full list of analyst forecasts on Fae Technology S.P.A stock, see the IT:FAE Stock Forecast page.
More about Fae Technology S.P.A
FAE Technology S.p.A. is an Italian industrial group operating in the electronics sector, listed on the Euronext Growth Milan market of Borsa Italiana. The company focuses on developing innovative solutions for electronic components, with an emphasis on sustainability and circular economy practices.
Average Trading Volume: 14,842
Technical Sentiment Signal: Sell
Current Market Cap: €51.27M
See more data about FAE stock on TipRanks’ Stock Analysis page.