California Nanotechnologies (TSE:CNO) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
California Nanotechnologies has successfully repaid its debt of approximately $600,000 to Omni-Lite Industries, marking the first time in 15 years the company is debt-free. This strategic move allows Cal Nano more freedom to invest in its manufacturing services as it continues to grow. The repayment was made ahead of schedule, resulting in interest savings and reflecting improved financial health.
For further insights into TSE:CNO stock, check out TipRanks’ Stock Analysis page.
