Sector: Basic Materials | Industry: Specialty Mining & Metals |
Company Contact | |
Address: | 945 Princess Street KINGSTON ON K7L 0E9 |
Tel: | N/A |
Website: | https://focusgraphite.com |
IR: | See website |
Key People | ||
Marc Roy President, Chief Executive Officer, Director | Judith Mazvihwa-Maclean Chief Financial Officer |
Business Overview |
Focus Graphite Inc. is a Canada-based advanced exploration company. The Company is engaged in the exploration and development of deposits of flake graphite located in Quebec, Canada. Its projects are Lac Knife and Lac Tetepisca projects. Lac Knife project is a high-grade crystalline flake graphite deposit located in northeastern Quebec, approximately 27 kilometers (km) south of Fermont. The property consists of approximately 57 mining claims covering 29,863 hectares. Lac Tetepisca project comprises two properties, Lac Tetepisca and Lac Tetepisca Nord. These properties are located in the Southwest Manicouagan reservoir area of the Cote-Nord region of Quebec, approximately 234 km north-northwest of the city of Baie-Comeau, an industrial city located where the Manicouagan River intersects the north shore of St. Lawrence River in the Cote-Nord, Quebec. Its properties form a block of approximately 115 claims, covering 6,000 hectares within the Manicouagan-Ouest Graphitic Corridor. |
Financial Overview |
For the three months ended 31 December 2023, Focus Graphite Inc revenues was not reported. Net loss decreased 80% to C$101K. Lower net loss reflects Stock-based compensation decrease of 49% to C$139K (expense), Professional fees decrease of 40% to C$84K (expense), Management and consulting fees decrease of 26% to C$118K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $9.19M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.00M as of Dec 31, 2023 |
EBITDA (TTM): | -$1.84M as of Dec 31, 2023 |
Net annual income (TTM): | -$1.50M as of Dec 31, 2023 |
Free cash flow (TTM): | -$2.62M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 59,798,720 as of Dec 31, 2023 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |