National Bank Financial Analysts Give SRG Graphite (CVE:SRG) a C$2.35 Price Target

National Bank Financial set a C$2.35 price objective on SRG Graphite (CVE:SRG) in a research report report published on Tuesday, April 10th. The brokerage currently has an outperform rating on the stock. National Bank Financial also issued estimates for SRG Graphite’s FY2018 earnings at ($0.04) EPS, FY2019 earnings at ($0.08) EPS, FY2020 earnings at ($0.19) EPS and FY2021 earnings at $0.15 EPS.

SRG Graphite stock remained flat at $C$1.65 during mid-day trading on Tuesday. The company had a trading volume of 3,000 shares, compared to its average volume of 34,614. SRG Graphite has a 52 week low of C$0.32 and a 52 week high of C$2.25.

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In other news, Director Isabelle Gauthier sold 50,000 shares of SRG Graphite stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of C$2.00, for a total transaction of C$100,000.00.

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SRG Graphite Company Profile

SRG Graphite Inc engages in mineral exploration and development business in Africa. It focuses on developing its 100% owned Lola Graphite deposit, which is located in the Republic of Guinea, West Africa. The company was formerly known as Sama Graphite Inc and changed its name to SRG Graphite Inc in June 2017.

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