Duxton Farms Limited ( (AU:DBF) ) has shared an announcement.
Duxton Farms Limited has completed the acquisition of a 2,386-hectare property in the Northern Territory for AU$10,250,000, marking a significant step in its regional expansion strategy. The company plans to initially focus on fodder production, with long-term goals of diversifying into a broader agricultural enterprise, enhancing its market positioning and operational capabilities.
More about Duxton Farms Limited
Duxton Farms Limited operates in the agricultural industry, focusing on both annual cropping and permanent horticulture. The company is expanding its operations in the Northern Territory, aiming to develop a diverse agricultural enterprise.
YTD Price Performance: -3.57%
Average Trading Volume: 44,983
Technical Sentiment Signal: Buy
Current Market Cap: A$55.56M
For detailed information about DBF stock, go to TipRanks’ Stock Analysis page.