"Hanover Foods Enters Consent Order With EPA Over Wastewater" $HNFSA
Under a consent order with EPA announced Feb. 25, Hanover Foods will conduct a study to determine the cause and how to correct these alleged water pollution violations that were identified during inspections by EPA and the Pennsylvania Department of Environmental Protection.
During the second fiscal quarter, Hanover lost a further $700k and spent a further $7.4 million on capex.
Assuming a $50 share price for Hanover gives you an implied market capitalization of $36 million.