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NXT Energy Solutn ( (TSE:SFD) ) just unveiled an update.
NXT Energy Solutions has successfully completed SFD® data acquisition in Africa and plans to deliver interpretation recommendations by Q2 2025. The company is also preparing for SFD® surveys in Southeast Asia and Pakistan, with operations scheduled throughout 2025. These activities are expected to positively impact NXT’s financial performance in 2025, as the company aims to enhance its market presence across Africa, Southeast Asia, and South Asia.
More about NXT Energy Solutn
NXT Energy Solutions Inc. is a Calgary-based technology company specializing in the proprietary airborne Stress Field Detection (SFD®) survey system. This technology leverages quantum mechanics to identify stress anomalies indicating potential hydrocarbon and geothermal resources. The SFD® system is applicable both onshore and offshore and aims to optimize exploration by reducing time, costs, and risks while being environmentally friendly and adaptable to various terrains.
YTD Price Performance: 25.00%
Average Trading Volume: 25,102
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$15.83M
For an in-depth examination of SFD stock, go to TipRanks’ Stock Analysis page.