Aduro Clean Technologies (ADUR) Expected to Announce Earnings on Monday

Key Points

• Aduro Clean Technologies is set to announce its quarterly earnings on Monday, August 4th, with analysts anticipating earnings of ($0.11) per share and revenue of $0.01 million.
• The company is currently experiencing a 3.7% drop in stock price, opening at $10.83, and has a market capitalization of $331.72 million.
• Despite the recent decline, D. Boral Capital has maintained a "buy" rating on Aduro, although they have reduced their price target from $50.00 to $48.00.

Aduro Clean Technologies (NASDAQ:ADUR - Get Free Report) is projected to announce its earnings results before the market opens on Monday, August 4th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $0.01 million for the quarter.

Aduro Clean Technologies Price Performance

Shares of ADUR traded down $0.37 during trading hours on Thursday, hitting $10.77. 94,925 shares of the company were exchanged, compared to its average volume of 160,124. The company has a market capitalization of $329.89 million and a PE ratio of -43.08. The firm has a fifty day simple moving average of $9.91 and a 200-day simple moving average of $6.90. Aduro Clean Technologies has a one year low of $3.49 and a one year high of $12.40.

Wall Street Analysts Forecast Growth

Separately, D. Boral Capital decreased their target price on Aduro Clean Technologies from $50.00 to $48.00 and set a "buy" rating for the company in a research report on Wednesday, June 11th.

About Aduro Clean Technologies

Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil and transform renewable oils into higher-value fuels or renewable chemicals. Aduro Clean Technologies is based in LONDON, Ontario.