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An announcement from Hazer Group Ltd. ( (AU:HZR) ) is now available.
Hazer Group Ltd reported robust financial and operational results for FY25, with revenue more than doubling to $8.5 million and operating costs reduced by 17%. The company achieved significant milestones, including the early completion of its Commercial Demonstration Plant test program and a strategic alliance with KBR to enhance global licensing and commercial deployment. Hazer’s strengthened financial position and strategic partnerships are expected to drive long-term growth in the clean hydrogen and graphite markets, aligning with the rising demand for viable alternatives to green hydrogen.
The most recent analyst rating on (AU:HZR) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Hazer Group Ltd. stock, see the AU:HZR Stock Forecast page.
More about Hazer Group Ltd.
Hazer Group Ltd is an Australian company operating in the clean energy sector, focusing on the production of low-emission hydrogen and graphite. The company is known for its innovative Hazer Process, which offers a sustainable alternative to traditional steam methane reforming, targeting key markets such as ammonia and methanol.
Average Trading Volume: 338,842
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$91.62M
Learn more about HZR stock on TipRanks’ Stock Analysis page.