Highlights
ASX: MCA       MURRAY COD AUSTRALIA LIMITED
Last Price Today's Change   Day's Range   Trading Volume
0.18   0.00 (0.00%)  0.18 - 0.185  63,500

Overview

 
Avg Volume (4 weeks):74,748
4 Weeks Range:0.175 - 0.20
4 Weeks Price Volatility (%):
20.00%
52 Weeks Range:0.15 - 0.225
52 Weeks Price Volatility (%):
40.00%
Average Price Target:-

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Business Background

Murray Cod Australia Limited, formerly Timpetra Resources Limited, is engaged in hatchery business, nursery business, fish farming and cage systems. The Company operates through the hatching, growing and selling of Australian native freshwater fish segment. Its hatchery business is engaged in Silverwater Native Fish breeds fry, including native species of Murray Cod, Silver Perch and Golden Perch, which are then grown into fingerlings in fry ponds and weaned inside the hatchery facilities. The nursery system includes a range of small and large tanks to allow for grading of fish by size. Fish farming includes over two ponds on the Ryan Farm, which are fitted with cage systems that are stocked with fish, with a capacity of approximately 20,000 fish for each pond, which enables an annual production capacity of Murray Cod of over 36,000 kilograms. The cage system allows monitoring of the fish stock for mortality and any signs of disease.

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