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Gigante Salmon AS ( (DE:96M) ) has issued an announcement.
Gigante Salmon has reported a standing biomass of 1,728 tons for the third quarter, with the autumn 2024 generation contributing 1,510 tons and the autumn 2025 generation accounting for 218 tons. The company plans to release over 2.2 million smolt by the end of autumn 2025, indicating a significant expansion in its operations.
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 mitigating traditional sea farming challenges.
Average Trading Volume: 18,111
Current Market Cap: NOK1.46B
Learn more about 96M stock on TipRanks’ Stock Analysis page.