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Focus Graphite Inc. (V:FMS)

Business Focus: Specialty Mining & Metals (NEC)

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: $10.08M 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