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.
An update from Ceres Global ( (TSE:CRP) ) is now available.
Ceres Global Ag Corp. reported a net loss of $379 thousand for the quarter ending December 31, 2024, compared to a net income of $2.7 million the previous year, largely due to challenging macroeconomic and harvest conditions. Key developments include the sale of its Beausejour facility, leadership changes with Tom Coyle becoming Interim President and CEO, and amendments to its credit and term loan facilities aimed at improving financial flexibility and sustainability initiatives. Despite these challenges, Ceres highlighted strong performance in its Berthold Farmers Elevator joint venture and continued momentum in its Supply Chain Services and Seed Retail segments.
More about Ceres Global
Ceres Global Ag Corp. is a company operating in the agriculture industry, focusing on supply chain services and seed retail. It leverages a network of assets and partnerships to expand its market presence.
YTD Price Performance: -2.80%
Average Trading Volume: 3,115
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$92.02M
For a thorough assessment of CRP stock, go to TipRanks’ Stock Analysis page.
