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Gigante Salmon AS ( (DE:96M) ) has issued an announcement.
Gigante Salmon AS reported a total standing biomass of 1070 tons for the first quarter, with the winter 2024 generation contributing 560 tons and the autumn 2024 generation 510 tons. The company plans to begin slaughtering the winter 2024 generation in the second quarter of 2025, expecting a slaughter volume of approximately 550 tons gutted weight. This development marks a significant step in their production process, potentially enhancing their market position in the aquaculture industry.
More about Gigante Salmon AS
Gigante Salmon AS is a land-based salmon farming company that is constructing its first facility in the Rødøy municipality. The company utilizes a flow-through aquaculture system, which combines the benefits of traditional sea-based and land-based farming while addressing the challenges of conventional sea farming.
YTD Price Performance: 4.06%
Technical Sentiment Signal: Sell
Current Market Cap: €117.3M
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