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Andfjord Salmon AS ( (DE:50R) ) just unveiled an announcement.
KS Invest AS, closely associated with Andfjord Salmon board member Kim Strandenæs, has acquired 10,000 shares in Andfjord Salmon Group AS at an average price of NOK 30.40 per share. This transaction highlights the confidence of insiders in the company’s innovative aquaculture operations and its potential for sustainable growth in the industry.
More about Andfjord Salmon AS
Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord Salmon is developing the world’s most sustainable and fish-friendly aquaculture facility of its kind. Through a proprietary flow-through system, Andfjord Salmon combines the best from ocean and land-based salmon farming. In its first production cycle, the company achieved an industry-leading survival rate of 97.5 percent, feed conversion ratio of 1.05, superior share of 91.1 percent, and required 1 kWh to produce one kilo of salmon.
YTD Price Performance: -25.85%
Average Trading Volume: 72,769
Current Market Cap: NOK2.91B
For an in-depth examination of 50R stock, go to TipRanks’ Overview page.