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First Graphene Ltd ( (AU:FGR) ) has shared an update.
First Graphene Limited reported its strongest first quarter on record for PureGRAPH® sales, driven by growth in its commercial pipeline and the launch of new products, including a waterproofing additive for the South African market and enhanced perovskite solar cells. The company also filed a patent for fire-resistant construction materials and signed an MOU with Hazer Group to explore synergies in carbon-based materials. Despite a minor delay in a significant order, First Graphene achieved record low cash burn, reflecting its commitment to fiscal control and efficiency improvements.
More about First Graphene Ltd
First Graphene Limited operates in the advanced materials industry, focusing on the development and commercialization of graphene products. The company’s primary products include PureGRAPH® graphene additives, which are used in various applications such as composites, polymers, and construction materials. First Graphene is committed to enhancing product performance and reducing production costs, with a market focus on sectors like construction, renewable energy, and safety equipment.
Average Trading Volume: 1,377,468
Technical Sentiment Signal: Buy
Current Market Cap: A$74.44M
See more insights into FGR stock on TipRanks’ Stock Analysis page.