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Added to YB: 2026-09-17

Pitch date: 2026-09-14

ZEN.V [bullish]

Zentek Ltd.

Author Info

Atrium Research provides institutional quality research on underfollowed public equities. Sign up for the newsletter.

Company Info

Zentek Ltd., together with its subsidiaries, engages in the research and development of graphene and related nanomaterials in Canada.

Market Cap

CAD 96.2M

Pitch Price

N/A

Price Target

2.70

Dividend

N/A

EV/EBITDA

-7.83

P/E

-7.90

EV/Sales

753.44

Sector

Health Care Equipment and Supplies

Category

value

Show full summary:
Zentek – US$3.85B Nuclear-Grade Graphite Asset Trading at ~US$60M

ZEN.V: Zentek’s value is anchored by Albany, a PEA-stage Ontario graphite project that achieved 5N+ purity in bench testing and carries a US$2.29B after-tax NPV8%. Valuing Albany at 0.1x P/NAV plus US$10M for revenue-generating ZenGUARD supports a C$2.70 target, or 275% upside. The key risks are the absence of qualified customers or offtake, dependence on US$23,485/t pricing, and US$817M of initial capex.

Read full article (39 min)