A small graphite miner with some big potential for a strong move higher

Potential Buy Entry Alert FGR

Time Frame : Daily/Weekly

Sector : Materials/Basic Materials

Key Stats : $68.72 Million Market Cap, VWAP 0.175, ASX Ranking 910.

Company Overview : First Graphene Limited (FGR, formerly First Graphite Limited) is a mineral exploration company. The Company aims to explore and mine for Graphite in Sri Lanka. They also produced graphene material with new technology.

 

FGR –  First Graphene Limited

FGR is showing some great signs that buyers are starting to step in for a move higher. The company has had some positive news the previous few months which has seen support for price. We are now watching for a minor pullback for further evidence that buyers are taking control to build our entry setup.

 

Stock Code : FGR – First Graphene Limited

Company Website : www.firstgraphite.com.au

Current Price : 0.177

Status : On watch for buy entry setup