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Terragen Holdings Ltd ( (AU:TGH) ) has shared an update.
Terragen Holdings Limited has received a $989,242 R&D tax incentive from the Australian Taxation Office for the 2024/2025 financial year, which will bolster their cash reserves and support ongoing commercialisation and development efforts. This incentive underscores Terragen’s commitment to advancing its position in the agricultural industry by investing in innovative solutions that enhance productivity and environmental outcomes, benefiting stakeholders and contributing to agricultural decarbonisation.
The most recent analyst rating on (AU:TGH) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Terragen Holdings Ltd stock, see the AU:TGH Stock Forecast page.
More about Terragen Holdings Ltd
Terragen Holdings Limited is an Australian company specializing in the development of biological products aimed at improving animal and plant health in agriculture, companion animals, and home gardens. Their innovative products, such as Terragen Probiotic for Ruminants and Great Land Plus, enhance livestock and crop yields while promoting environmental sustainability by reducing methane emissions and reliance on chemical fertilizers.
Average Trading Volume: 193,031
Technical Sentiment Signal: Buy
Current Market Cap: A$14.14M
For a thorough assessment of TGH stock, go to TipRanks’ Stock Analysis page.