Graphite One (GPH) AI Stock Analysis

• Market Cap: C$388.28M
• Dividend Yield: N/A
• Average Volume (3M): 752.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.06
• Revenue Growth: N/A
• EPS Growth: -15.48%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.02
• Shares Outstanding: 178,928,650
• 10 Day Avg. Volume: 1,607,336
• 30 Day Avg. Volume: 752,281
• PEG Ratio: 0.31
• Price to Book (P/B): 1.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.17
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: C$2.50 ▲(21.36% Upside)

The score is held back primarily by weak operating fundamentals (no revenue, ongoing losses, and negative cash flow), partially offset by a strong low-debt balance sheet. Technically, the stock shows strong upward momentum with the price above key moving averages, and recent corporate events provide supportive financing and resource-upside catalysts, though execution risk remains high. Valuation is less supportive given negative earnings and no dividend yield.

Positive Factors

Low leverage and growing equity

Very low debt and material equity growth provide durable financial flexibility for a capital-intensive mining developer. This reduces near-term refinancing risk, allows staged capital deployment for permitting and construction, and supports strategic partnerships over the next 2–6 months.

Potential large project financing (EXIM LOIs)

Non-binding EXIM interest for multi‑hundred‑million to billion-dollar financing, if realized, materially de‑risks capital funding for development and downstream buildout. Securing such structured export-credit support would enable project execution and long-term supply commitments.

Integrated upstream-to-downstream strategy

A vertically integrated model from mine to battery‑grade processing can capture value across the chain, improve gross margin sustainability once operational, and align with structural demand for critical battery materials, supporting durable revenue potential post-construction.

Negative Factors

Pre-revenue with ongoing net losses

No revenue and recurring net losses mean the company remains in investment mode; this prolongs the path to self-sustaining operations. Continued losses weigh on returns and force management to prioritize funding and execution over near-term profitability for the foreseeable development period.

Negative operating and free cash flow

Persistent negative OCF and materially negative FCF require ongoing external financing to advance the project. Even with year‑over‑year improvement, sustained negative cash generation increases dilution and funding dependency risk across the next several quarters.

Execution and contingent financing risk

Key catalysts cited are non‑binding and contingent on due diligence. Reliance on contingent approvals and resource upside creates structural execution risk: failure to convert commitments or delays could stall development timelines and strain the company’s limited operating runway.

Graphite One Business Overview & Revenue Model

Company Description

Graphite One Inc. operates as mineral exploration company in the United States. It holds interest in the Graphite Creek property that consists of 176 mining claims covering an area of 9,583 hectares located on the Seward Peninsula of Alaska. The company was formerly known as Graphite One Resources Inc. and changed its name to Graphite One Inc. in February 2019. Graphite One Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Graphite One Resources generates revenue primarily through the exploration, development, and future sale of graphite extracted from its Graphite Creek Project. The company plans to monetize its resources by targeting industries with a high demand for graphite, such as battery manufacturers, electronics companies, and other industrial sectors that utilize graphite in their products. Additionally, strategic partnerships and agreements with other companies in the supply chain could provide further revenue opportunities. However, the company is currently in the development stage, and significant revenue generation is contingent upon successful extraction and commercialization of its graphite resources.

Graphite One Financial Statement Overview

Summary

Graphite One Resources faces significant financial challenges, primarily due to the absence of revenue and ongoing operational losses. While maintaining a strong equity position and reducing debt, the lack of sales activity and negative cash flow indicate potential sustainability issues in the long term.

Income Statement

The company has consistently reported zero revenue over the years, indicating a lack of sales activity. The net income has been negative, showing continuous losses. EBIT and EBITDA margins are not meaningful due to zero revenue, but the company is experiencing high operational losses.

Balance Sheet

The balance sheet reflects a relatively strong equity position with a high equity ratio. The company has no debt as of the latest TTM period, which reduces financial risk. However, the absence of revenue and consistent losses may impact long-term stability.

Cash Flow

The company has negative operating and free cash flow, indicating cash outflows from operations. Although there is some financing inflow, potentially from capital raises, the cash flow situation remains concerning due to lack of revenue generation.

Breakdown	TTM	Dec 2024	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	―	0.00	0.00	0.00	0.00
Gross Profit	0.00	―	-15.41K	-22.98K	―	―
EBITDA	-8.13M	―	-6.45M	-11.07M	―	-9.48M
Net Income	-8.21M	―	-6.47M	―	-7.42M	-9.03M
Balance Sheet
Total Assets	72.04M	―	67.38M	61.51M	52.19M	41.15M
Cash, Cash Equivalents and Short-Term Investments	3.59M	―	4.12M	1.82M	501.70K	6.38M
Total Debt	206.24K	―	0.00	56.17K	156.54K	6.48M
Total Liabilities	4.53M	―	4.86M	2.60M	4.68M	7.09M
Stockholders Equity	67.51M	―	62.52M	58.91M	47.51M	34.06M
Cash Flow
Free Cash Flow	-12.16M	―	-29.39M	-27.85M	-4.14M	-3.55M
Operating Cash Flow	-5.17M	―	-3.65M	-3.55M	-3.35M	-3.25M
Investing Cash Flow	-7.69M	―	-1.03M	-15.03M	-13.61M	-12.85M
Financing Cash Flow	11.70M	―	7.01M	20.05M	11.08M	22.51M

Graphite One Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GPH, the sentiment is Positive. The current price of 2.06 is above the 20-day moving average (MA) of 1.92, above the 50-day MA of 1.61, and above the 200-day MA of 1.09, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 67.35 is Neutral, neither overbought nor oversold. The STOCH value of 84.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GPH.

Graphite One Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GMX	63 Neutral	C$138.61M	25.41	15.11%	―	-73.34%	16.21%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GPH	58 Neutral	C$388.28M	-27.96	-12.80%	―	―	-15.48%
WM	56 Neutral	C$115.91M	-9.79	-3.76%	―	―	9.35%
NEXT	49 Neutral	C$87.83M	-2.28	-67.77%	―	―	-156.65%
MSR	43 Neutral	C$100.14M	-73.17	-9.76%	―	―	-127.89%
FMS	36 Underperform	C$46.55M	-12.43	-16.33%	―	―	-64.76%

Graphite One Corporate Events

Graphite One Secures EXIM Bank Interest for Up to $2.07 Billion in U.S. Graphite Supply Chain Financing

Graphite One Inc. said the U.S. Export-Import Bank has substantially increased its non-binding Letters of Interest for potential debt financing of the company’s U.S. graphite supply chain to a combined US$2.07 billion, covering both its Graphite Creek mine project in Alaska and its planned advanced graphite materials and anode manufacturing facility in Ohio. The mine-related LoI has been upsized from US$570 million to US$670 million, while the Ohio plant LoI has jumped from US$325 million to US$1.4 billion—enough to support phased production growth to 100,000 metric tons of anode active material annually, with EXIM indicating it could cover about 70% of total project capital costs. Executed under EXIM’s Make More in America and China and Transformational Exports initiatives, the increased support underscores Washington’s push to reduce U.S. dependence on Chinese graphite, potentially granting the project special consideration under EXIM’s mandate to counter Chinese export support. Graphite One is in talks with major North American investment banks and multiple U.S. government departments to complete financing for the remaining 30% of capital needs, positioning the company as a key prospective domestic supplier in the critical minerals and EV battery value chain, pending EXIM’s due diligence and final approval.

The most recent analyst rating on (TSE:GPH) stock is a Buy with a C$2.85 price target. To see the full list of analyst forecasts on Graphite One stock, see the TSE:GPH Stock Forecast page.

Graphite One Confirms Elevated Rare Earth Elements at Alaska Deposit

Graphite One Inc. announced that independent testing has confirmed the presence of elevated levels of magnet and heavy rare earth elements (REEs) at its Graphite Creek deposit in Alaska. The findings suggest that REE recovery could proceed alongside graphite extraction, potentially enhancing the value of the deposit. The presence of these elements underscores the strategic importance of Graphite Creek, especially in light of China’s export restrictions on REEs and graphite. The company plans to collaborate with a U.S. National Lab to develop a testing program for efficient REE extraction, further solidifying its position in the industry.

The most recent analyst rating on (TSE:GPH) stock is a Buy with a C$2.85 price target. To see the full list of analyst forecasts on Graphite One stock, see the TSE:GPH Stock Forecast page.

Graphite One Unveils Rare Earth Elements Discovery at Alaska Deposit

Graphite One Inc. announced the discovery of rare earth elements (REEs) at its Graphite Creek deposit in Alaska, enhancing the site’s value as a significant source of critical materials. The presence of REEs, alongside graphite, positions Graphite Creek as a strategic asset for U.S. industry and national security, especially in light of China’s export restrictions on these materials. The company plans to develop extraction methods for these elements, which are crucial for technology and defense applications, and is in discussions for further funding and development of its supply chain strategy.

The most recent analyst rating on (TSE:GPH) stock is a Buy with a C$2.85 price target. To see the full list of analyst forecasts on Graphite One stock, see the TSE:GPH Stock Forecast page.