Lomiko Metals Inc (LMRMF)

[overlordpeter]

LMRMF fair value estimate of $0.15, a premium of 328% to the $0.035 price


Because of graphite's highly attractive fundamentals and growing investor interest, we have been seeing a lot of new companies pop up or switch their focus to graphite, which is normal in the commodities sector. We saw the same pattern a few years ago when the rare earth boom started. The same has been the case with lithium. This is common, but bear in mind that a lot of companies might not survive the boom period.

Analyst Siddharth Rajeev gives the company a highly speculative buy rating and a fair value estimate of $0.15, a premium of 328% to the $0.035 price.