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An announcement from Hydrograph Clean Power ( (TSE:HG) ) is now available.
HydroGraph Clean Power Inc. has appointed Cordell Bennigson, a technology executive and military veteran, to its board of directors. Bennigson’s expertise in business development and his experience in the defense industry are expected to help HydroGraph commercialize its graphene technology across various industries, potentially enhancing the company’s growth and market opportunities.
The most recent analyst rating on (TSE:HG) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Hydrograph Clean Power stock, see the TSE:HG Stock Forecast page.
Spark’s Take on TSE:HG Stock
According to Spark, TipRanks’ AI Analyst, TSE:HG is a Neutral.
Hydrograph Clean Power’s overall stock score is primarily impacted by its challenging financial performance, with significant net losses and reliance on external financing. While technical analysis indicates strong upward momentum, the stock’s valuation remains unattractive due to negative earnings. Investors should be cautious given the financial instability, despite the positive technical signals.
To see Spark’s full report on TSE:HG stock, click here.
More about Hydrograph Clean Power
HydroGraph Clean Power Inc. is a company that produces high-purity graphene through a patented explosion synthesis process, known for its superior purity, energy efficiency, and consistency. It is one of the few companies certified as a Verified Graphene Producer by The Graphene Council, setting a new industry standard.
Average Trading Volume: 3,008,679
Technical Sentiment Signal: Buy
Current Market Cap: C$787.2M
Learn more about HG stock on TipRanks’ Stock Analysis page.