SRG Graphite (SRG) Given Speculative Buy Rating at Beacon Securities

Beacon Securities reaffirmed their speculative buy rating on shares of SRG Graphite (CVE:SRG) in a research note published on Tuesday. Beacon Securities also issued estimates for SRG Graphite’s FY2018 earnings at ($0.05) EPS, FY2019 earnings at ($0.04) EPS and FY2020 earnings at $0.01 EPS.

Separately, National Bank Financial set a C$2.35 price objective on SRG Graphite and gave the company an outperform rating in a research note on Tuesday, April 10th.

CVE SRG opened at C$1.17 on Tuesday. SRG Graphite has a 52 week low of C$0.40 and a 52 week high of C$2.25.

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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