05/27/2026
A new research report from Fundamental Research Corp. authored by Siddharth Rajeev (Head of Research) and Nina Rose Coderis, B.Sc (Geology) (Equity Analyst) highlighted what we at Focus Graphite Inc. believe is becoming increasingly clear:
• Tétépisca is now positioned among the world’s largest and highest-grade graphite projects
• Lac Knife remains one of the highest-grade advanced graphite deposits globally
• Focus trades at a fraction of peer valuations despite two district-scale assets in Québec
• North American sovereign supply is rapidly becoming a strategic priority for EVs, defence, aerospace, and advanced technologies
The market is beginning to recognize the importance of secure supply chains.
Since FRC's initial coverage (March 19, 2026), the updated "Fair Value" reported increased +$0.76 from $1.27 to $2.03. This was driven by the material Lac Tetepisca MRE upgrade announcement dated May 7, 2026.
Read the full report 🔗: https://www.researchfrc.com/stocks/FMS.V/focus-graphite-inc
🇨🇦 $FMS | 🇺🇸 $FCSMF | 🇩🇪 $FKC0