Post by
StockDoctor101 on Dec 16, 2022 1:59pm
Globe and Mail $8 PT for GMG
A peice by the Globe and Mail on GMG.v set the price target at $8 based on GMG's graphene battery potential compared to lithium. The analyst also called GMG "an under followed stock with meaningful upside."
There is definitely some significant upside with GMG considering recent updates on the graphene batteries showing potential to be produced at scale. GMG just announced that they'll be accelerating battery pouch cell customer testing and development in 2023 - One step closer to commercialization which would be huge.
https://twitter.com/StockShaman/status/1603062404283523073/photo/1