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The latest announcement is out from First Phosphate Corp. ( (TSE:PHOS) ).
First Phosphate Corp. has been added to the CSE25 Index, which tracks the 25 leading companies on the Canadian Securities Exchange by market capitalization and liquidity, boosting the company’s visibility among institutional and retail investors and potentially increasing exposure through index-linked investment products. Management framed the inclusion as recognition of the firm’s strategic role in the North American critical minerals and energy transition ecosystem, underscored by its recent production of commercial-grade LFP 18650 battery cells using high-purity phosphate and iron sourced from its Quebec igneous phosphate resource, reinforcing its positioning as a domestic supplier to the growing LFP battery market.
The most recent analyst rating on (TSE:PHOS) stock is a Buy with a C$1.59 price target. To see the full list of analyst forecasts on First Phosphate Corp. stock, see the TSE:PHOS Stock Forecast page.
More about First Phosphate Corp.
First Phosphate Corp. is a mineral exploration, development and cleantech company focused on building a vertically integrated mine-to-market lithium iron phosphate (LFP) battery materials supply chain for North America. From its rare, high-purity igneous phosphate resource at the flagship Bégin-Lamarche property in Quebec, the company aims to supply high-purity phosphate for LFP batteries serving energy storage, data centers, robotics, mobility and national security markets, while helping onshore critical battery materials and reduce supply-chain risks.
Average Trading Volume: 628,711
Technical Sentiment Signal: Buy
Find detailed analytics on PHOS stock on TipRanks’ Stock Analysis page.