Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Tirupati Graphite Plc ( (GB:TGR) ) just unveiled an announcement.
Tirupati Graphite Plc announced its Annual General Meeting and provided updates on its listing suspension and business operations. The company faced delays in filing its 2024 accounts due to previous management issues, leading to a suspension of its share listing on the LSE. However, the completion of the 2025 accounts is expected to resolve these issues. Operationally, the company has made significant progress, including restarting production, upgrading facilities, and expanding mining areas. Sales have been strong, with a growing pipeline of orders, and strategic options for the Sahamamy project are under evaluation. The company has also secured funding through convertible loan notes to support its turnaround and growth plans.
More about Tirupati Graphite Plc
Tirupati Graphite Plc is a specialist in the flake graphite industry, providing critical minerals essential for the global energy transition. The company focuses on the production and supply of natural flake graphite, with operations in Madagascar and Mozambique.
Technical Sentiment Signal: Sell
Current Market Cap: £8.09M
Find detailed analytics on TGR stock on TipRanks’ Stock Analysis page.