Risk factor
Very high price volatility
Profitability factor
Strong growth
About
Graphene Manufacturing Group Ltd, a clean-technology company, engages in the manufacture of graphene powder and energy saving and energy storage solutions enabled by graphene in Australia. The company offers graphene products, including Thermal-XR HVAC coating system, which improves the conductivity of corroded heat exchange surfaces; G Lubricant, a concentrate of GMG Graphene and lubricating oil designed for energy savings, emission savings, and wear prevention; Supa G, a graphene slurry used to enhance the performance of lithium-ion batteries; and graphene aluminum-ion battery. It also provides Thermal-XR coating and energy savings application services. The company was incorporated in 2016 and is based in Brisbane, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks.
Target Price
The average target price of GMG.V is 2.99 and suggests 35.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc