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The latest update is out from Terragen Holdings Ltd ( (AU:TGH) ).
Terragen Holdings Limited announced significant advancements in its product line, specifically the new dry format ‘Terragen Probiotic for Ruminants,’ which demonstrated a 4.6% increase in average daily weight gain in beef feedlot trials. The company is finalizing commercialization strategies with plans to launch in March 2025, supported by a successful $4.76 million equity raise to boost global commercialization opportunities. Terragen’s efforts position it strongly within the agricultural sector, promising enhanced productivity for stakeholders.
More about Terragen Holdings Ltd
Terragen Holdings Limited is an Australian company focused on research, development, and commercialization in the agricultural sector. The company specializes in probiotic products for ruminants, aiming to enhance animal performance and productivity. Its market focus includes the global agriculture industry, particularly targeting beef feedlots with its new dry format probiotic.
YTD Price Performance: -10.0%
Average Trading Volume: 127,992
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$18.18M
See more insights into TGH stock on TipRanks’ Stock Analysis page.