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Salmon Evolution Achieves Record Biomass Production in Q3

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Salmon Evolution Achieves Record Biomass Production in Q3

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The latest announcement is out from Salmon Evolution ASA ( (DE:60E) ).

Salmon Evolution ASA reports stable operations with record biomass production and minimal mortality in Q3. The company harvested 1,387 tonnes HOG with an average harvest weight up 20% from the previous quarter. With a fully stocked farm and improving production metrics, Salmon Evolution is well-positioned to benefit from the recovering salmon prices and tight supply-demand balance anticipated in the coming years.

More about Salmon Evolution ASA

Salmon Evolution is a global leader in land-based salmon farming, pioneering the hybrid flow-through system (HFS) to create optimal growth conditions in a controlled environment on land. This approach combines the benefits of land-based and sea-based farming, focusing on biological priorities and minimizing risks. The company is strategically located on the west coast of Norway, a central hub in the global aquaculture industry, and is listed on Oslo Børs under the ticker SALME.

YTD Price Performance: -22.01%

Average Trading Volume: 1,173,105

Current Market Cap: NOK2.41B

For an in-depth examination of 60E stock, go to TipRanks’ Overview page.

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