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 Duxton Water Ltd. ( (AU:D2O) ) is now available.
In January 2025, Duxton Water Limited reported a 4% increase in the value of its water entitlements in the southern Murray-Darling Basin over the past six months, reflecting a strengthening demand and a limited supply. The dry start to the year has driven up water allocation prices by 5%-10%, influenced by high irrigation demand and declining storage levels, impacting the company’s portfolio valuation and net asset value positively. Additionally, Duxton Water commenced a new 1,000 ML groundwater lease and is negotiating further leases, while the market awaits government announcements on water management policies.
More about Duxton Water Ltd.
Duxton Water Limited, listed on the ASX under the code D2O, primarily invests in a portfolio of permanent water entitlements in Australia. The company offers flexible water supply solutions, including long-term entitlement leases, forward allocation contracts, and spot allocation supply, to Australian farming partners, aiming to generate returns through its diverse water entitlement portfolio.
Average Trading Volume: 48,664
Technical Sentiment Consensus Rating: Buy
See more insights into D2O stock on TipRanks’ Stock Analysis page.
