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FRO - Frontline Stock: We May Be At The Bottom So It Seems
Frontline Ltd.
The company posted a net loss of $33.206 million, or $0.17 per diluted share, for the third quarter of 2021 and an adjusted net loss of $35.911 million, or $0.18.
Based on valuation, we could consider the stock attractive now, and the stock may have reached a bottom in 3Q21. However, with the new coronavirus variant, doubts remain.