The latest update is out from Advance ZincTek Limited ( (AU:ANO) ).
Advance ZincTek Limited announced that their largest White Sapphire customer, responsible for 10% of FY24 sales revenue, will cease ordering, yet the company has achieved higher total sales revenue this year. The company has completed successful trials of magnesium oxide, planning to market it in FY26, and is introducing new oxides into its product range, which can be manufactured using existing equipment, with interest from customers to integrate these into their products.
More about Advance ZincTek Limited
Advance ZincTek Limited operates in the chemical industry, focusing on the development and distribution of various oxides, including zinc and magnesium oxides, which are used in products like sunscreens and other applications.
YTD Price Performance: -5.26%
Average Trading Volume: 4,551
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$45.08M
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