NEW YORK, January 31 (FinanceEnquiry.com) - Analyst Siddharth Rajeev at Fundamental Research Corp assigns no rating or valuation on the shares of Lomiko Metals (TSXV: LMR) due to early stage nature of its projects.

In a research note published on January 19, the analyst believes that Lomiko Metals' decision to acquire the Quatre Mills project might add more excitement and speculation to the shares. The primary reason to assign no rating is that the project is still in the initial stages and lack of historic information available on the project may suggest bright prospects.

In addition, given the increasing global graphite demand and the stable productions over the past few years, Rajeev sees increasing investor focus in the sector. Since the graphite exploration is less active, compared to other commodities like gold, copper, silver and many more, fewer number of players will support positive results from Quatre Mills. The analyst firmly believes that the Lomiko Metal