TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Iofina plc ( (GB:IOF) ) has issued an announcement.
Iofina plc announced a record monthly iodine production of 74.3 metric tons in August 2025, attributed to efficient operations and the addition of a new plant, IO#11, to its portfolio. The company also reported a $1.8 million increase in cash reserves, thanks to Employee Retention Tax Credit refunds received for retaining employees during the COVID-19 pandemic. These developments underscore Iofina’s commitment to growth and operational efficiency, as it plans to expand into new areas and enhance future iodine production.
More about Iofina plc
Iofina plc is a vertically integrated company specializing in the production of iodine and the manufacturing of specialty chemical products. It is the second largest producer of iodine in North America and operates through its entities, Iofina Resources and Iofina Chemical. Iofina Resources focuses on developing and operating iodine extraction plants using proprietary technology, while Iofina Chemical manufactures high-quality halogen specialty chemicals.
Average Trading Volume: 224,287
Technical Sentiment Signal: Buy
Current Market Cap: £47.96M
For detailed information about IOF stock, go to TipRanks’ Stock Analysis page.