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First Graphene Ltd ( (AU:FGR) ) has issued an update.
First Graphene Ltd has experienced significant buying activity in the Frankfurt market, likely driven by recent announcements about their commercial pipeline, global distributor onboarding, and upcoming industrial trials with Breedon Group in the UK. Market analysts see FGR as undervalued, with considerable upside potential, which is reflected in the recent share price and volume movements.
More about First Graphene Ltd
First Graphene Ltd is a leading company in the graphene industry, operating the largest graphene production facility globally located in Henderson, Western Australia. The company focuses on a wide range of applications including composites for swimming pools and marine use, thermoplastic polyurethane, personal protective equipment, fire retardant coatings, and energy storage materials. They are registered to sell graphene in both Australia and Europe, and actively participate in ISO Technical Committee on Graphene Characterisation Standards.
YTD Price Performance: 19.05%
Average Trading Volume: 152,803
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $19.35M
Learn more about FGR stock on TipRanks’ Stock Analysis page.