Graphite prices have experienced volatility recently due to bottlenecks in demand for electric vehicles (EVs).
These dynamics will likely encourage the development of more ex-China graphite supply sources.
Against that backdrop, many Canadian graphite stocks have trended downward in 2024. However, several graphite-focused companies have seen strong performances this year.
Year-to-date gain: 75 percent
Market cap: C$38.95 million
Share price: C$0.175
HydroGraph has an exclusive license from Kansas State University to produce both graphene and hydrogen through their patented detonation process.
Although Hydrographs stock price dipped back into the C$0.10 to C$0.12 range for much of the third quarter, the company had a series of new flow for the fall that has pushed its value back in range with its high for the year.
Year-to-date gain: 13.01 percent
Market cap: C$174.83 million
Share price: C$1.65
Year-to-date gain: 6.25 percent
Market cap: C$14.4 million
Share price: C$0.085
Black Swan Graphene describes itself as an emerging powerhouse in the bulk graphene business.
UK-based global chemicals manufacturer Thomas Swan & Co. holds a 15 percent interest in Black Swan, and brings a portfolio of patents and intellectual property related to graphene production. Through this partnership, Black Swan is building out a fully integrated supply chain from mine to graphene products.
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
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