Fertoz Ltd. (AU:FTZ) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Fertoz Ltd reports Q2 sales of A$852,000, below expectations due to rock phosphate supply shortages in Canada and awaiting permit approvals, which are anticipated to boost future operations. The company has successfully reduced costs, particularly in North America, improving cash outflows. With the appointment of Malcolm Weber to the board and phosphate listed as a critical mineral in Canada, Fertoz is positioning itself for growth in the regenerative agriculture sector.
For further insights into AU:FTZ stock, check out TipRanks’ Stock Analysis page.
