The Graphex Group Limited (GRFX) share price is expected to decrease by 76.63% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered GRFX. Price targets range from $0.05142 at the low end to $0.05142 at the high end. The current analyst consensus for GRFX is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedGRFX 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Graphex Group Limited to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on GRFX. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of GRFX.
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When did it IPO
2022
Staff Count
249
Country
Hong Kong
Sector/Industry
Basic Materials/Other Industrial Metals & Mining
CEO
Mr. Yick Yan Chan
Market Cap
$13.0M
In 2023, GRFX generated $291.9M in revenue, which was a decrease of -14.45% from the previous year. This can be seen as a signal that GRFX's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
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Summary - China's flake graphite prices remain stable; however, exports fell due to controls. Analysts predict a potential flake graphite shortage. Syrah Resources and Black Rock Mining secure new deals and financing.
Why It Matters - Fluctuating graphite prices and export declines signal supply chain challenges. Potential shortages could drive prices up, impacting companies like Syrah Resources and Black Rock Mining.
Summary - Graphex Group Limited (NYSE: GRFX) views recent US and China government actions as support for its global expansion strategy and development of domestic production ecosystems for battery supply.
Why It Matters - Graphex's strategy aligns with U.S. and China's policies to bolster domestic production, potentially enhancing its market position and revenue prospects, which is favorable for investor confidence.
Summary - Graphex Group Limited has signed a Letter of Intent for its U.S. subsidiary, Graphex Technologies, to be acquired by a NASDAQ-listed blank check company.
Why It Matters - The proposed acquisition of Graphex Technologies by a NASDAQ-listed company could enhance Graphex's market position and attractiveness, potentially impacting its stock value and investor sentiment.
Summary - China's flake and spherical graphite prices were stable to slightly lower, while Europe saw a price increase. MRC acquired Skaland, and Northern Graphite resumed processing at its mine.
Why It Matters - Fluctuations in graphite prices and changes in ownership can impact supply dynamics, influencing costs for manufacturers and potential returns for investors in the sector.
Summary - Flake and spherical graphite prices declined slightly recently. UBS projects a 50% price surge. China will require export licenses for graphite, potentially impacting anode development. Northern Graphite confirms LDI grade, and NextSource Materials shipped SuperFlakeยฎ graphite.
Why It Matters - Declining graphite prices may signal short-term market challenges, but UBS's bullish outlook suggests potential recovery. China's export restrictions could impact global supply, affecting battery production.
Summary - Graphex Group Limited (NYSE American: GRFX) highlights its strategy to supply anode material amid new Chinese graphite export controls, targeting North American EV and battery manufacturers.
Why It Matters - Graphex's response to China's graphite export controls highlights its strategic positioning in the EV supply chain, potentially boosting its market relevance and investor confidence.