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GMG Launches New Website for G® Lubricant, Promising Fuel Efficiency and Emission Reductions

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GMG Launches New Website for G® Lubricant, Promising Fuel Efficiency and Emission Reductions

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The latest update is out from Graphene Manufacturing Group Ltd ( (TSE:GMG) ).

Graphene Manufacturing Group Ltd has launched a new website, www.g-lubricant.com, to directly market its G® Lubricant, a graphene liquid concentrate designed to enhance the performance of diesel and gasoline engines. The product has demonstrated up to 8.4% fuel efficiency improvements in controlled tests and 13% in recent performance testing, along with a 27% reduction in NOx emissions. GMG is targeting various markets with different pack sizes and is in discussions with potential global distributors and original equipment manufacturers to expand its reach.

The most recent analyst rating on (TSE:GMG) stock is a Buy with a C$8.00 price target. To see the full list of analyst forecasts on Graphene Manufacturing Group Ltd stock, see the TSE:GMG Stock Forecast page.

Spark’s Take on TSE:GMG Stock

According to Spark, TipRanks’ AI Analyst, TSE:GMG is a Neutral.

Graphene Manufacturing Group Ltd’s overall stock score is influenced by its mixed financial performance, reflected in ongoing profitability challenges and negative cash flow, counterbalanced by strong cash reserves. Technical indicators suggest a neutral to slightly bearish trend. Valuation metrics highlight significant challenges with a negative P/E ratio. However, recent corporate events are a positive indicator, pointing to potential growth and innovation in the clean-technology sector.

To see Spark’s full report on TSE:GMG stock, click here.

More about Graphene Manufacturing Group Ltd

Graphene Manufacturing Group Ltd (GMG) is an Australian clean-technology company specializing in energy-saving and energy storage solutions. The company produces graphene through a proprietary process that decomposes natural gas into carbon, hydrogen, and residual hydrocarbon gases. GMG focuses on developing commercial scale-up capabilities and securing market applications for its graphene-based products.

Average Trading Volume: 114,958

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$64.1M

For detailed information about GMG stock, go to TipRanks’ Stock Analysis page.

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