Murray Cod Australia climbs to 7-year high as sales grow amid export hurdles

Murray Cod Australia

03/05/2021 04:18

** Shares of Murray Cod Australia  MCA.AX  rise as much as
7.8% to A$0.485, their highest since June 30, 2014 
    ** The fish breeding co says quarterly total sales grew 205%
pcp despite reporting minimal exports due to covid-19 norms and
lockdowns across the globe  urn:newsml:reuters.com:*:nASX4rLg91
    **  Co also expects to launch a branded product, Aquna
Sustainable Murray Cod, into the chilled seafood cabinet section
of selected Woolworths  WOW.AX  stores in May 2021
    ** Stock posts its biggest intraday pct gain since April 26
    ** Stock has risen 143% this year, as of last close
    
  
($1 = 1.2606 Australian dollars)


 (Reporting by Ananya Pande in Bengaluru)
 ((ananya.pande@thomsonreuters.com))