Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Gigante Salmon AS ( (DE:96M) ) is now available.
Gigante Salmon AS has completed significant milestones in the third quarter of 2025, including the completion of its last pool and the successful transfer of fish between pools. The company has secured additional financing and increased its operating credit, which supports its operational goals. With two pools operational and a standing biomass of 1,728 tons, the company is on track to begin its next slaughtering phase by the end of the fourth quarter. The facility’s construction is nearing completion, aiming for full capacity by 2028, with no issues reported regarding fish welfare or salmon lice.
More about Gigante Salmon AS
Gigante Salmon AS is a land-based salmon farming company developing its first facility in Rødøy municipality. The company employs a flow-through aquaculture system that combines the benefits of conventional sea-based and land-based farming while addressing the challenges of traditional sea farming.
Average Trading Volume: 17,345
Current Market Cap: NOK1.45B
Find detailed analytics on 96M stock on TipRanks’ Stock Analysis page.