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Murray Cod Australia Limited ( (AU:MCA) ) has shared an update.
Murray Cod Australia Ltd has successfully raised approximately A$17 million through an institutional placement to support its growth strategy. The funds will be used to enhance production capacity, complete development projects, upgrade processing facilities, and strengthen sales and marketing efforts, positioning the company for future growth and increased shareholder value.
The most recent analyst rating on (AU:MCA) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Murray Cod Australia Limited stock, see the AU:MCA Stock Forecast page.
More about Murray Cod Australia Limited
Murray Cod Australia Ltd is a company operating in the aquaculture industry, primarily focusing on the production and sale of Murray Cod, a premium freshwater fish. The company is dedicated to expanding its production capacity and enhancing its sales and marketing capabilities to strengthen its market position.
Average Trading Volume: 40,805
Technical Sentiment Signal: Sell
Current Market Cap: A$110.2M
Find detailed analytics on MCA stock on TipRanks’ Stock Analysis page.