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EcoGraf ( (AU:EGR) ) just unveiled an update.
EcoGraf has released an updated bankable feasibility study (BFS) presentation for its Epanko graphite project, reaffirming production targets based on an Ore Reserve comprising 43% Measured and 57% Indicated Resources for an initial 22-year mine life. The company confirms that all material assumptions, technical parameters and forecast financial information underpinning previous resource, reserve and BFS announcements remain unchanged, reinforcing the robustness of its development case for stakeholders.
The most recent analyst rating on (AU:EGR) stock is a Sell with a A$0.39 price target. To see the full list of analyst forecasts on EcoGraf stock, see the AU:EGR Stock Forecast page.
More about EcoGraf
EcoGraf Limited is an Australian-listed company focused on developing sustainable graphite supply for global supply chains. The business is centred on the Epanko graphite project, underpinned by defined Ore Reserves and Mineral Resources reported in accordance with the JORC Code 2012.
YTD Price Performance: 2.70%
Average Trading Volume: 318,293
Technical Sentiment Signal: Buy
Current Market Cap: A$175.4M
Learn more about EGR stock on TipRanks’ Stock Analysis page.