tiprankstipranks

Quantum Graphite Reports Increased Losses Despite Revenue Growth

Story Highlights
Quantum Graphite Reports Increased Losses Despite Revenue Growth

Confident Investing Starts Here:

An update from Quantum Graphite Ltd ( (AU:QGL) ) is now available.

Quantum Graphite Ltd reported a significant financial downturn for the period ending December 2024, with a 172% increase in net loss compared to the previous period. Despite a 93% increase in total revenue from ordinary activities, the company did not declare or pay any dividends, reflecting ongoing financial challenges.

More about Quantum Graphite Ltd

Quantum Graphite Ltd is involved in the mining industry, focusing on the extraction and development of high-grade natural flake graphite deposits. The company owns the Uley flake graphite mineral deposits in South Australia, which includes the Uley 2 project, a significant development of the historic Uley mine.

YTD Price Performance: -4.00%

Average Trading Volume: 68,950

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$167.3M

Find detailed analytics on QGL stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App