Forafric Global

AFRI

Market cap $237M

Overview Fund Activity

8.82 USD

+0.15

1.73%

At close Updated Sep 17, 4:00 PM EDT

1 day

1.73%

5 days

-0.56%

1 month

13.22%

3 months

13.66%

6 months

3.04%

Year to date

-13.1%

1 year

-20.25%

5 years

5.13%

10 years

5.13%

About: Forafric Global PLC is engaged in production and sale of a variety of wheat flours, Semolina and Pasta and Couscous in Morocco and in more than 45 countries. The two main brands in Morocco are MAYMOUNA and TRIA. The company derives majority of its revenue from Soft wheat.

Employees: 600

Consumer Staples Farm Products

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

167% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 3

163% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 8

13% more funds holding

Funds holding: 38 [Q1] → 43 (+5) [Q2]

3% more capital invested

Capital invested by funds: $4.29M [Q1] → $4.4M (+$112K) [Q2]

0.24% more ownership

Funds ownership: 1.86% [Q1] → 2.1% (+0.24%) [Q2]

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Financial journalist opinion

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FORAFRIC GLOBAL Announces Leadership Transition: New Chairman of the Board Appointed

CASABLANCA, MOROCCO, April 04, 2025 (GLOBE NEWSWIRE) -- Forafric Global (Nasdaq: AFRI, or the « Company »), a leading vertically integrated agribusiness serving Africa, today announced that Khalid Assari, the CEO of the Company, has been appointed as Chairman of the Board, effective April 4th, 2025. Mr. Assari replaces Mr Saad Bendidi.

FORAFRIC GLOBAL Announces Leadership Transition: New Chairman of the Board Appointed

Forafric Adopts New Balance Sheet Strengthening Strategy

Announces Enhanced Focus on Morocco and Soft Wheat through Initiatives to include Divesting Non-Core Assets CASABLANCA, MOROCCO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Forafric Global PLC (Nasdaq: AFRI, or the “Company”), a leading vertically integrated agribusiness serving Africa, today announced that it has adopted a new balance sheet strengthening strategy with a Morocco and soft wheat focus. As part of this initiative, the Company is divesting non-core assets: assets outside of Morocco, durum wheat focused businesses and logistics activities in Morocco.

Forafric Adopts New Balance Sheet Strengthening Strategy

Forafric Announces Nasdaq Compliance Status

CASABLANCA, MOROCCO, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Forafric Global PLC (Nasdaq: AFRI, or the “Company”), a vertically integrated agribusiness serving Africa, today announced that on January 14, 2025, it received written notice from the listing qualifications department of The Nasdaq Stock Market (“Nasdaq”) stating that since the Company has not yet filed a Form 6-K containing an interim balance sheet and income statement as of the end of its second quarter (the “Six Month Report”) by December 31, 2024, the Company was not in compliance with Listing Rule 5250 (c) (2) (the “Rule”).

Forafric Announces Nasdaq Compliance Status

Forafric Announces Plan to Expand with Lease of New Operating Facility; Expects to Increase Crushing Capacity by 600 Tons per Day

CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI, or “Forafric”), a vertically integrated agribusiness serving Africa, today announced it has entered into a 10-year renewable contract to lease and operate an existing milling facility located in the Meknes-Fes region of Morocco. This marks a significant milestone in the expansion of the Company's milling capabilities and positions Forafric for continued growth. This expansion is expected to increase the Company's milling c.

Forafric Announces Plan to Expand with Lease of New Operating Facility; Expects to Increase Crushing Capacity by 600 Tons per Day

Forafric Provides Business Update

CASABLANCA, Morocco--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI) (“Forafric”), a vertically integrated agribusiness serving Africa, today provided a business update. Recent Business Highlights Achieved record high crushing volume for the first nine months of 2023, with more than 443,000 Metric Tons (MT) of soft wheat processed in Morocco, its largest market Completed acquisition of 90% of Société Industrielle de Minoterie du Sud (“SIMS”), a soft wheat milling company with primary operat.

Forafric Provides Business Update

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