As the world transitions towards cleaner and more sustainable energy solutions, the demand for graphite is expected to increase significantly. This naturally occurring mineral is primarily used in the production of steel and other metal alloys, as well as in the manufacture of lithium-ion batteries used in electric vehicles and other electronic devices. As a result, investing in graphite stocks could be an attractive opportunity for investors looking to capitalize on this growing demand. With the potential for diversification, growth, and profit, graphite stocks are worth considering for those interested in investing in the energy and materials sectors. However, as with any investment, it is important to conduct proper research and understand the risks involved. What are the best graphite stocks?
1. Syrah Resources Ltd (SYR.AX)
Syrah Resources Ltd (SYR.AX) is an Australian mining company that focuses on the production of natural graphite. The company’s primary asset is the Balama Graphite Project, located in Mozambique, which is one of the largest graphite mines in the world.
As a stock, SYR.AX has had a volatile performance to date. In early 2017, the stock experienced a surge in price due to increasing demand for graphite, particularly in the production of lithium-ion batteries for electric vehicles. However, the stock price declined in the following years due to a number of factors, including increased competition in the graphite market, logistical issues related to shipping graphite from Mozambique, and a downturn in the global graphite market.
In early 2021, the stock experienced a rebound in price due to a resurgence in demand for graphite, particularly in the production of electric vehicles. The company reported increased production and sales volumes in the first quarter of 2021, which contributed to the stock’s rise in value.
As of March 18th, 2023, SYR.AX has a market capitalization of approximately AUD 400 million and a stock price of around AUD 0.23.
2. Mason Graphite Inc (LLG.TO)
Mason Graphite Inc (LLG.TO) is a Canadian mining company that operates the Lac Guéret graphite project in Quebec, Canada. The project is expected to produce high-quality, large-flake graphite for a variety of applications, including the growing battery market.
As a stock, LLG.TO has had a volatile performance to date. From January 1st, 2017 to March 18th, 2023, the stock price has fluctuated between CAD 0.11 and CAD 1.08, with several significant upswings and downturns.
At the start of 2017, LLG.TO was trading around CAD 0.43 per share. By late September of that year, the stock had surged to a high of CAD 1.08, representing a gain of over 150%. However, the stock price gradually declined over the next few years, reaching a low of CAD 0.11 in March 2020, following the COVID-19 pandemic and global market downturn.
Since then, the stock has experienced a partial recovery, with the price fluctuating between CAD 0.20 and CAD 0.40 per share in 2021 and 2022. As of March 18th, 2023, the stock is trading at around CAD 0.28 per share. One of the best graphite stocks!
3. Northern Graphite Corporation (NGC.V)
The iShares Cybersecurity and Tech ETF (IHAK) is an exchange-traded fund that seeks to track the performance of the NYSE FactSet Global Cyber Security Index. The index is comprised of companies that are involved in the cybersecurity industry, including companies that offer cybersecurity hardware, software, and services.
As of March 18, 2023, IHAK holds 37 stocks from the cybersecurity industry, with the largest holdings including companies such as CrowdStrike Holdings, Zscaler, Okta Inc., and Fortinet Inc. The fund has an expense ratio of 0.47%.
In terms of performance, IHAK has performed well since its inception in June 2019. From June 2019 through March 2023, the fund had an average annual return of approximately 27.88%. However, it’s important to note that past performance is not indicative of future results and that investing in any ETF involves risk. Additionally, investors should conduct their own research and consult with a financial advisor before making any investment decisions.
4. Triton Minerals Ltd (TON.AX)
The Global X Cybersecurity ETF (BUG) is an exchange-traded fund that seeks to track the performance of the Indxx Cybersecurity Index. The index is comprised of companies that are involved in the cybersecurity industry, including companies that offer cybersecurity hardware, software, and services.
As of March 18, 2023, BUG holds 32 stocks from the cybersecurity industry, with the largest holdings including companies such as Palo Alto Networks, Zscaler, Fortinet Inc., and Crowdstrike Holdings. The fund has an expense ratio of 0.50%.
BUG provides investors with exposure to the growing cybersecurity industry, which is expected to continue to experience significant growth due to increasing cyber threats and the growing importance of data protection. The ETF offers investors a diversified portfolio of cybersecurity companies, reducing the risk associated with investing in a single stock.
In terms of performance, BUG has performed well since its inception in October 2019. From October 2019 through March 2023, the fund had an average annual return of approximately 21.31%.
5. NextSource Materials Inc (NEXT.TO)
NextSource Materials Inc (NEXT.TO) is a Canadian mining company focused on the exploration and development of critical materials, including graphite and vanadium. The company’s flagship project is the Molo Graphite Project in Madagascar, which is expected to produce high-quality graphite for a variety of applications, including the battery market.
As a stock, NEXT.TO has had a volatile performance to date. From its initial public offering (IPO) in 2015 to March 18th, 2023, the stock price has fluctuated between CAD 0.05 and CAD 0.48, with several significant upswings and downturns.
After its IPO, NEXT.TO experienced a surge in price, reaching a high of CAD 0.48 in May 2016, representing a gain of over 700%. However, the stock price gradually declined over the next few years, reaching a low of CAD 0.05 in March 2020, following the COVID-19 pandemic and global market downturn.
Since then, the stock has experienced a partial recovery, with the price fluctuating between CAD 0.10 and CAD 0.25 per share in 2021 and 2022. As of March 18th, 2023, the stock is trading at around CAD 0.14 per share. One of the best graphite stocks!
6. Graphite One Inc (GPH.V)
Graphite One Inc (GPH.V) is a Canadian exploration and development company focused on the Graphite Creek project in Alaska, USA. The Graphite Creek project is expected to produce high-purity graphite for a variety of applications, including the growing electric vehicle and battery market.
As a stock, GPH.V has had a volatile performance to date. From its initial public offering (IPO) in 2012 to March 18th, 2023, the stock price has fluctuated between CAD 0.06 and CAD 1.46, with several significant upswings and downturns.
After its IPO, GPH.V experienced a surge in price, reaching a high of CAD 1.46 in August 2012, representing a gain of over 2300%. However, the stock price gradually declined over the next few years, reaching a low of CAD 0.06 in March 2020, following the COVID-19 pandemic and global market downturn.
Since then, the stock has experienced a partial recovery, with the price fluctuating between CAD 0.10 and CAD 0.30 per share in 2021 and 2022. As of March 18th, 2023, the stock is trading at around CAD 0.19 per share.
