The Industrial Alliance report reviews 36 companies and 98 properties which are presently being explored for graphite across the globe. Of the 36 companies identified in the report, six qualify for the top tier category, it says. The report by analyst Kiril Mugerman goes on to say that these companies operate the most advanced projects that could be taken into production in a short time frame. They include the following TSX Venture Exchange-listed companies:
Northern Graphite Corp. (TSX: V.NGC, Stock Forum) and its Bissett Creek project in Ontario, Canada. Trading at $2.16 this week, Northern Graphite has a market cap of $100 million, based on 46.4 million shares outstanding. The 52-week range is $3.42 and 71 cents.
Focus Metals Inc. (TSX: V.FMS, Stock Forum), which has the Lac Knife project in Quebec, Canada. Trading at 77 cents, Focus has a market cap of $70 million, based on 90.6 million shares outstanding. The 52-week range is $1.33 and 54 cents.
Flinders Resources Ltd. (TSX: V.FDR, Stock Forum), which has the Woxna project in Sweden. Trading at $2.10 this week, Flinders has a market cap of $83.3 million, based on 39.7 million shares outstanding. The 52-week range is $3.20 and 25 cents.
Uragold Bay Resources Inc. (TSX: V.UBR, Stock Forum), which has the Asbury mine in Quebec, Canada. Trading at 3 cents this week, Uragold Bay has a market cap of $4.9 million, based on 166 million shares outstanding. The 52-week range is 5 cents and 2 cents.
Standard Graphite Corp. (TSX: V.SGH, Stock Forum), which has the Mousseau East project in Quebec. Trading at 31.5 cents this week, Standard Graphite has a market cap of $7.6 million, based on 24.2 million shares outstanding. The 52-week range is $1.08 and 12 cents.
The May 1st, 2012 Industrial Alliance Securities report focuses on what makes one graphite deposit stand out from the others, how investors can recognize a company with the right assets, and what to expect from exploration companies in the next 12 to 24 months.
The Montreal-based investment firm also takes a look at the fundamentals behind graphite supply and demand which are ultimately pointing towards supply shortages in the coming years.
Uses of graphite have evolved from the early refractory uses to pencils, applications in steel manufacturing, the electric industry, and energy storage.
For more information about this report, contact Kiril Mugerman at kmugerman@iagto.ca
Phone (514) 284-4175.
Link phrases,
Graphite, investment firm, advanced projects, top tier, production, time frame, new mines, TSX Venture, companies, shares outstanding, community news.