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Northern Graphite Corporation (TSE:NGC)
:NGC
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Northern Graphite
(OTC:NGC)
44Neutral
Northern Graphite (NGC) vs. S&P 500 (SPY)
Market Cap
$12.45M
Dividend YieldN/A
Average Volume (3M)50.86K
Price to Earnings (P/E)―
Beta (1Y)0.64
Revenue Growth31.19%
EPS Growth-46.99%
CountryCA
Employees76
SectorBasic Materials
Sector Strength66
IndustryMining
Share Statistics
EPS (TTM)-0.24
Shares Outstanding131,098,220
10 Day Avg. Volume56,043
30 Day Avg. Volume50,857
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.57
Price to Cash Flow (P/CF)-111.20
P/FCF Ratio1.20
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
Northern Graphite Business Overview & Revenue Model
Company DescriptionNorthern Graphite (NGC) is a Canadian-based company focused on the exploration and development of graphite deposits. The company primarily operates within the mining and materials sector, specializing in the production of natural graphite used in various industrial applications. Northern Graphite aims to supply high-quality graphite products to meet the growing demand in sectors such as electric vehicles, energy storage, and consumer electronics.
How the Company Makes MoneyNorthern Graphite generates revenue through the extraction and sale of natural graphite from its mining operations. The company monetizes its graphite by supplying it to industries that require graphite for manufacturing batteries, lubricants, refractories, and other products. Key revenue streams include long-term supply agreements with battery manufacturers and partnerships with companies in the energy storage and electronics sectors. The company's earnings are significantly influenced by global demand for graphite, fluctuations in commodity prices, and its ability to efficiently extract and process the material.
Northern Graphite Financial Statement Overview
Summary
Northern Graphite faces significant financial challenges, with substantial losses and high leverage. Despite revenue growth, profitability, liquidity, and solvency are under pressure. Improving operational efficiencies and cash flow management is crucial for sustainable growth.Income Statement
Northern Graphite has shown a steady increase in revenue from 2020 to the TTM period; however, the company continues to experience negative gross profit and significant net losses, reflecting challenges in operational efficiency and cost management. The negative EBIT and EBITDA margins further indicate ongoing profitability issues.35
Negative
Balance Sheet
The company's balance sheet is currently under stress, with negative stockholders' equity and a high debt-to-equity ratio in the TTM period, signaling potential solvency risks. The declining equity ratio also points to increased leverage, which could pose risks in a volatile market environment.25
Negative
Cash Flow
Cash flow is a concern, with negative operating and free cash flows. Although there is some improvement in free cash flow growth, the company continues to spend more than it generates, which could limit its ability to fund future operations without additional financing.30
Negative
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 21.92M | 17.10M | 11.99M | 0.00 | 0.00 | 0.00 | Gross Profit |
| -1.04M | 1.93M | 2.65M | -31.50K | -34.18K | -35.08K | EBIT |
| -11.89M | -9.49M | -3.66M | -3.66M | -792.31K | -650.42K | EBITDA |
| -14.68M | -14.55M | -7.79M | -3.19M | -833.95K | -573.99K | Net Income Common Stockholders |
| -30.87M | -23.64M | -14.55M | -2.79M | -943.96K | -567.70K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 2.37M | 3.60M | 5.64M | 4.33M | 1.39M | 1.38M | Total Assets |
| 16.48M | 91.23M | 102.06M | 19.66M | 15.22M | 15.79M | Total Debt |
| 0.00 | 27.55M | 21.90M | 0.00 | 0.00 | 0.00 | Net Debt |
| -2.37M | 24.43M | 16.81M | -3.58M | -1.21M | -1.38M | Total Liabilities |
| 563.30K | 75.44M | 65.88M | 1.92M | 553.66K | 454.01K | Stockholders Equity |
| 15.92M | 15.79M | 36.18M | 17.73M | 14.67M | 15.34M |
| Cash Flow | Free Cash Flow | ||||
| -3.96M | -9.65M | -16.96M | -2.08M | -700.36K | -985.82K | Operating Cash Flow |
| -2.82M | -4.73M | -10.51M | -1.40M | -525.45K | -618.45K | Investing Cash Flow |
| -1.15M | -4.48M | -51.57M | -1.30M | 352.22K | -367.38K | Financing Cash Flow |
| 2.42M | 7.34M | 63.38M | 5.06M | 0.00 | 0.00 |
Northern Graphite Technical Analysis
Negative
0.10
Price Trends
0.13
Negative
0.12
Negative
0.11
Negative
Market Momentum
>-0.01
Positive
43.86
Neutral
21.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NGC, the sentiment is Negative. The current price of 0.1 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.13, and below the 200-day MA of 0.11, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.86 is Neutral, neither overbought nor oversold. The STOCH value of 21.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NGC.
Northern Graphite Peers Comparison
Overall Rating
UnderperformOutperform
Sector (47)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | C$139.90M | ― | -11.02% | ― | ― | 24.32% | |
47 Neutral | $2.68B | -4.00 | -28.59% | 3.28% | 2.32% | -29.47% | |
45 Neutral | C$10.67M | 0.96 | -28.23% | ― | ― | ― | |
44 Neutral | $12.45M | ― | -329.25% | ― | 31.19% | -46.99% | |
39 Underperform | C$348.68M | ― | -76.46% | ― | ― | -13.44% | |
37 Underperform | $136.65M | ― | -54.98% | ― | 92.38% | 12.79% |
* Basic Materials Sector Average
Performance Comparison
TSE:NGC
Northern Graphite
0.11
-0.08
-43.24%
TSE:GPH
Graphite One Resources
0.96
0.06
6.67%
TSE:ZEN
Zentek
1.35
-0.40
-22.86%
TSE:NOU
Nouveau Monde Mining
2.34
-0.61
-20.68%
TSE:LLG
Mason Graphite
0.06
-0.08
-57.14%
Northern Graphite Corporate Events
Northern Graphite Boosts Prices and Resumes Production Amid Rising Demand
Jan 7, 2025
Northern Graphite has announced a significant increase in graphite prices for 2025, reflecting rising production costs and inflation. The company has also completed maintenance at its Lac des Iles processing facility, which will resume operations on January 13. This move is aimed at ensuring stable production to meet the growing demand driven by geopolitical events and supply chain concerns. The company’s strategy focuses on expanding output from its Lac des Iles mine to support its aim of becoming a leading supplier in the battery anode material market and other advanced industrial technologies.
Northern Graphite Sees Record Sales and Expansion
Nov 28, 2024
Northern Graphite has reported record sales volume for the third quarter of 2024, driven by increased production at their Lac des Iles mine. The company is also making strides in expanding operations with new drilling programs and a joint venture to develop battery anode materials for electric vehicles.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.