SRG Graphite (CVE:SRG) Stock Rating Reaffirmed by Beacon Securities

Beacon Securities restated their buy rating on shares of SRG Graphite (CVE:SRG) in a research report released on Tuesday, Zacks.com reports. Beacon Securities also issued estimates for SRG Graphite’s FY2020 earnings at $0.06 EPS.

SRG Graphite stock opened at C$1.02 on Tuesday. The business’s 50 day moving average price is C$0.84. SRG Graphite has a fifty-two week low of C$0.64 and a fifty-two week high of C$1.43. The company has a market cap of $68.73 million and a price-to-earnings ratio of -5.86. The company has a quick ratio of 1.07, a current ratio of 1.17 and a debt-to-equity ratio of 19.48.

SRG Graphite (CVE:SRG) last released its quarterly earnings data on Thursday, May 30th. The company reported C$0.05 earnings per share for the quarter. As a group, research analysts anticipate that SRG Graphite will post -0.09 EPS for the current fiscal year.

About SRG Graphite

SRG Graphite Inc engages in the mineral exploration and development business in Africa. It holds 100% interests in Lola graphite and cobalt-nickel-scandium Gogota projects 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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