Food-tech company Beyond Oil has been delivering a stellar year for its shareholders, with its stock soaring over 220% since the start of the year. The company's CEO commented, "We are just at the beginning of our journey."
The small food-tech company Beyond Oil, based in Kibbutz Yifat in the Yizraeleem Valley, has every reason to be pleased. The company's shares have surged approximately 220% since the beginning of the year, reaching a valuation of 74.1 million Canadian dollars (around 195 million shekels). The company's shares are traded on the Canadian stock exchange under the symbol BOIL.CN and BEOLF.
According to CEO Jonathan Or:
"The company's stock has risen by 200% since the beginning of the year, and we are just at the beginning of our journey. The collaboration with international food chains, distributors, and other partners is starting to bear fruit. The fact that more and more customers and distributors who use our product and experience its real value choose to invest in the company's stock out of faith in our vision speaks for itself. We have found the right path, and we will continue to adhere to it to create a more sustainable and healthier future for the food industry."
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