China Carbon Graphite Group, Inc. Price & Performance (CHGI)

Northern Graphite reported a 33% revenue increase and 45% higher sales volumes in 2024, driven by robust demand, particularly from the U.S. However, the company faces critical cash shortages and loan covenant defaults. Management is seeking $10 million in financing to avoid placing its Lac des Iles mine on care and maintenance.12

Canaccord Genuity cut Arq Inc.'s price target from $9 to $8, maintaining a Buy rating despite project delays. The company posted a strong Q1 with $27.2 million in revenue and $200,000 net income, but ongoing delays in its GAC line and market uncertainty continue to weigh on investor sentiment.3

SGL Carbon saw 2024 sales decline by 5.8% to €1.03 billion, mainly due to weaker demand in key segments and project terminations. Despite a slight EBITDA margin improvement, restructuring is underway in its carbon fibers division, and no short-term recovery is expected in 2025 amid continued market headwinds.4