First Hydrogen (TSE:FHYD)

:FHYD

FHYD

First Hydrogen

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First Hydrogen (FHYD) Price & Analysis

32 Followers

FHYD Stock Chart & Stats

C$0.44

C$0.01(2.78%)

At close: Jan 08 4:00 PM EST

C$0.44

C$0.01(2.78%)

Day’s Range― - ―

52-Week RangeC$0.33 - C$1.35

Previous CloseN/A

Volume49.00K

Average Volume (3M)12.95K

Market Cap

C$34.55M

Enterprise ValueC$37.06M

Total Cash (Recent Filing)C$27.04K

Total Debt (Recent Filing)C$2.53M

Price to Earnings (P/E)―

Beta0.96

Next Earnings

Aug 03, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.03

Shares Outstanding78,532,460

10 Day Avg. Volume7,970

30 Day Avg. Volume12,953

Financial Highlights & Ratios

PEG Ratio0.12

Price to Book (P/B)-6.20

Price to Sales (P/S)0.00

P/FCF Ratio-22.97

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Improving Cash Burn TrendThe company has materially reduced its cash burn versus FY2024, reflecting tighter cost control and operational discipline. Sustained lower outflows extend runway, reduce near-term financing urgency, and improve the odds of executing product and trial milestones over the next several months.

Moderate Absolute Debt LoadAbsolute debt levels are modest compared with many capital-intensive peers, limiting fixed interest burdens in the near term. This provides some financing flexibility to fund vehicle demonstrations and ecosystem initiatives without large servicing pressure, assuming continued cash discipline.

Narrowing LossesNet losses have decreased meaningfully year-over-year, indicating expense control and operational progress. A durable downtrend in losses increases the likelihood of reaching break-even post-commercialization and strengthens negotiating positions with partners and investors.

Bears Say

Pre-revenue BusinessOperating with no recorded revenue means the company lacks commercial validation and cannot self-fund operations. Over a 2-6 month horizon this structural gap keeps profitability elusive, raises execution risk for product launches, and ensures continued dependence on external capital.

Negative Shareholders' EquityPersistent negative equity is a solvency red flag that constrains strategic options and access to credit. It increases the probability of dilutive equity raises or unfavorable financing terms, limiting long-term financial flexibility and heightening investor and creditor scrutiny.

Persistent Cash Flow DeficitsConsistent negative operating and free cash flow means ongoing reliance on external funding to sustain R&D and trials. Even with improvement, continued cash deficits create dilution risk and execution uncertainty, constraining the firm's ability to scale fleet deployments or infrastructure initiatives independently.

First Hydrogen News

First Hydrogen launches $3 million private placement and debt-for-equity option

First Hydrogen ( ($TSE:FHYD) ) has shared an announcement. First Hydrogen Corp. has arranged a non-brokered private placement...

28d ago

First Hydrogen Secures Exclusive Rights to AI-Driven Hydrogen-Powered Ground Drone

First Hydrogen ( ($TSE:FHYD) ) just unveiled an update. First Hydrogen has amended and expanded its agreement with...

1M ago

First Hydrogen Moves Into Robotics With 60% Stake in Actuation Specialist

First Hydrogen ( ($TSE:FHYD) ) has shared an update. First Hydrogen has signed a binding letter of intent...

2M ago

First Hydrogen Raises $1.56 Million in Warrant-Backed Private Placement

First Hydrogen ( ($TSE:FHYD) ) just unveiled an update. First Hydrogen Corp. has closed a private placement financing...

3M ago

First Hydrogen Launches $3 Million Private Placement to Fund Operations

First Hydrogen ( ($TSE:FHYD) ) just unveiled an update. First Hydrogen Corp. has arranged a non-brokered private placement...

4M ago

First Hydrogen Advances Clean Energy Research with University Collaboration

The latest announcement is out from First Hydrogen ( ($TSE:FHYD) ). First Hydrogen Corp. has announced a collaboration...

5M ago

First Hydrogen Corp. Announces Debt Settlement and Debenture Extension

First Hydrogen ( ($TSE:FHYD) ) has shared an update. First Hydrogen Corp. has announced a debt settlement involving...

5M ago

First Hydrogen Collaborates with University of Alberta on SMR Fuel Research

First Hydrogen ( ($TSE:FHYD) ) just unveiled an announcement. First Hydrogen Corp. has initiated a technical research collaboration...

5M ago

First Hydrogen Extends Debenture Maturity and Proposes Debt Settlement

First Hydrogen ( ($TSE:FHYD) ) just unveiled an announcement. First Hydrogen Corp. announced its intention to extend the...

5M ago

First Hydrogen Supports EU’s New Hydrogen Mechanism and Matchmaking Platform

First Hydrogen ( ($TSE:FHYD) ) has provided an announcement. First Hydrogen Corp. welcomes the European Commission’s launch of...

6M ago

FHYD FAQ

What was First Hydrogen’s price range in the past 12 months?

First Hydrogen lowest stock price was C$0.33 and its highest was C$1.35 in the past 12 months.

What is First Hydrogen’s market cap?

First Hydrogen’s market cap is C$34.55M.

When is First Hydrogen’s upcoming earnings report date?

First Hydrogen’s upcoming earnings report date is Aug 03, 2026 which is in 91 days.

How were First Hydrogen’s earnings last quarter?

First Hydrogen released its earnings results on Feb 27, 2026. The company reported -C$0.005 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.005.

Is First Hydrogen overvalued?

According to Wall Street analysts First Hydrogen’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does First Hydrogen pay dividends?

First Hydrogen does not currently pay dividends.

What is First Hydrogen’s EPS estimate?

First Hydrogen’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does First Hydrogen have?

First Hydrogen has 78,532,460 shares outstanding.

What happened to First Hydrogen’s price movement after its last earnings report?

First Hydrogen reported an EPS of -C$0.005 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -12.36%.

Which hedge fund is a major shareholder of First Hydrogen?

Currently, no hedge funds are holding shares in TSE:FHYD

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

First Hydrogen

First Hydrogen Corp. focuses on zero-emission vehicles, green hydrogen production and distribution, and supercritical carbon dioxide extractor systems. It is designing and building hydrogen-fuel-cell-powered light and medium commercial vehicle under two agreements with AVL Powertrain and Ballard Power Systems Inc. The company was formerly known as Pure Extraction Corp. and changed its name to First Hydrogen Corp. in October 2021. First Hydrogen Corp. was incorporated in 2007 and is based in Vancouver, Canada.