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Hazer Group Ltd. ( (AU:HZR) ) just unveiled an announcement.
Hazer Group Ltd has issued a clarification regarding its recent announcement on securing patent filings for a battery-grade graphite purification process. The company emphasized that the indicative graphite price of US$500 per tonne is based on market research and is not a revenue projection. This clarification aims to prevent investors from relying on the previously mentioned revenue information for investment decisions, ensuring transparency and accuracy in its communications.
The most recent analyst rating on (AU:HZR) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Hazer Group Ltd. stock, see the AU:HZR Stock Forecast page.
More about Hazer Group Ltd.
Hazer Group Ltd is an Australian technology company focused on global decarbonisation through its innovative climate-tech solutions. The company specializes in producing clean hydrogen and high-quality graphite using natural gas or biogas feedstock and iron-ore as a catalyst, positioning itself as a leader in the sustainable energy sector.
Average Trading Volume: 338,999
Technical Sentiment Signal: Sell
Current Market Cap: A$94.24M
For detailed information about HZR stock, go to TipRanks’ Stock Analysis page.