Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from MicroSalt plc ( (GB:SALT) ).
MicroSalt plc announced the successful completion of its Retail Offer, raising £0.23 million through the issuance of Retail Offer Shares. The funds will support staffing, marketing, and general working capital, strengthening the company’s balance sheet and supporting growth plans. This financial boost is expected to help MicroSalt capitalize on increasing production schedules in 2026, with projected revenues reaching US$7.0 million in 2026 and over US$15.0 million in 2027. The company received strong support from existing shareholders and new investors, which reflects confidence in its strategy and positions it well for future profitability.
The most recent analyst rating on (GB:SALT) stock is a Hold with a £53.00 price target. To see the full list of analyst forecasts on MicroSalt plc stock, see the GB:SALT Stock Forecast page.
Spark’s Take on GB:SALT Stock
According to Spark, TipRanks’ AI Analyst, GB:SALT is a Neutral.
MicroSalt plc’s overall stock score is primarily impacted by its weak financial performance and valuation, with persistent losses and negative equity. However, positive corporate events and strategic partnerships provide some optimism for future growth. Technical indicators suggest bearish momentum, further weighing on the stock’s attractiveness.
To see Spark’s full report on GB:SALT stock, click here.
More about MicroSalt plc
MicroSalt plc is a leading provider in the food industry, specializing in full-flavor, natural salt products that contain approximately 50% less sodium. The company focuses on the low-sodium market, aiming to offer healthier salt alternatives.
Average Trading Volume: 43,825
Technical Sentiment Signal: Sell
Current Market Cap: £23.54M
See more insights into SALT stock on TipRanks’ Stock Analysis page.