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CSS – Clean Seas Seafood Ltd

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Recommendation Rating

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.58

Low: 0.58

High: 0.58

Total Analysts: 1

Company Profile

Clean Seas Seafood Limited is a commercial producer of aquaculture Yellowtail kingfish. It is engaged in the propagation of Hiramasa Yellowtail Kingfish, producing fingerlings for sale and grow out; grow out of Hiramasa Yellowtail Kingfish for harvest and sale, and research and development activities for the future aquaculture production of Southern Bluefin Tuna (SBT). The Company operates through two segments: Finfish Sales and Tuna Operations. The Finfish Sales segment is engaged in the propagation, grow out, and sale of Yellowtail Kingfish. The Finfish Sales segment also includes Mulloway and wild caught Tuna. The Tuna Operations segment is engaged in research and development activities relating to Southern Bluefin Tuna. Its hatchery and farms are located in South Australia’s Spencer Gulf. It partners with seafood distributors and wholesalers to supply its Spencer Gulf Kingfish fish to fine dining, international, Japanese and fusion cuisine restaurants, as well as retail customers.

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