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FPX Nickel Corp. (V:FPX)

Business Focus: Nickel Ore Mining

Sector:  Basic Materials Industry:  Specialty Mining & Metals
 
Company Contact
Address: Suite 620 - 1155 West Pender Street
VANCOUVER BC V6E 2P4
Tel: N/A
Website: https://fpxnickel.com
IR: See website
Key People
Martin Emery Joseph Turenne
President, Chief Executive Officer, Director
Felicia De La Paz
Chief Financial Officer, Corporate Secretary
Tim Bekhuys
Senior Vice President - Sustainability & External Relations
Andrew C. Osterloh
Vice President - Projects
   
Business Overview
FPX Nickel Corp. is a Canada-based junior nickel mining company. The Company is focused on the exploration and development of the Decar Nickel District, located in central British Columbia, and other occurrences of the same style of naturally occurring nickel-iron alloy mineralization known as awaruite. It has a portfolio of five nickel-iron alloy properties, four in British Columbia and one in the Yukon Territory, all 100% owned. The Mich property is located approximately 55 kilometers (kms) southeast of Whitehorse in the southern Yukon Territory. It lies approximately 18 kms off the Alaska Highway and 200 kms by road from the port of Skagway, Alaska. The Company's British Columbia properties include Orca, Wale and Klow. The Orca property is located approximately 35 kilometres east of Dease Lake and nine km from the Eagle target on the adjoining to Wale property. Klow Property is located approximately 120 kms northwest of Fort St. James and 55 kms north of the Decar Nickel District.
Financial Overview
For the fiscal year ended 31 December 2023, FPX Nickel Corp revenues was not reported. Net loss increased 19% to C$4.3M. Higher net loss reflects Share-based compensation increase of 59% to C$2.2M (expense), Management fees and salaries increase of 59% to C$1.7M (expense), Professional fees increase from C$102K to C$479K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.02.
Employees: 6 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $68.57M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$5.53M as of Dec 31, 2023
Net annual income (TTM): -$4.34M as of Dec 31, 2023
Free cash flow (TTM): -$8.33M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 314,875,646 as of Apr 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization