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Proximar Seafood AS ( (DE:84Q) ) has issued an update.
Proximar Seafood AS announced its ninth production update, highlighting a standing biomass of 1,389 metric tonnes and a year-to-date harvest of approximately 1,000 tonnes. Despite challenges with fish transfers and feeding system optimization, the company achieved a solid price premium for larger fish and maintains a high-quality harvest. With all modules operational and improved conditions, Proximar expects increased growth rates and a return to market-sized fish, reinforcing its optimistic earnings outlook.
More about Proximar Seafood AS
Proximar Seafood is a Norwegian company specializing in land-based salmon farming, with its primary production facility located near Mount Fuji in Japan. The company focuses on producing fresh Atlantic Salmon using high-quality groundwater, benefiting from its proximity to significant fish markets, which reduces costs and carbon footprint.
Average Trading Volume: 437,925
Current Market Cap: NOK306.4M
For a thorough assessment of 84Q stock, go to TipRanks’ Stock Analysis page.