Graphite, Graphene Companies Sank in November

InvestorIntel reported that in November, shares of graphite and graphene companies fell 8.61 percent despite the fact that “favorable resource updates” were not scarce. Those circumstances could present a buying opportunity for investors.

As quoted in the market news:

It should be noted that some of the companies that suffered the most over the past month were Australian; their performance were far more a reflection of an especially sluggish commodities sector on the ASX exchange than any specific graphite market issues. Indeed, in the medium term the current lower oil prices could actually help to boost consumer spending, generating long-term positive effects for metals and minerals such as graphite, which is not only one of the drivers of future technology, it is needed for many current industrial applications.

Click here to read the full InvestorIntel report.