Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 22.73M | 17.10M | 11.99M | 0.00 | 0.00 |
Gross Profit | -310.00K | 1.93M | 2.65M | -31.50K | -34.18K |
EBITDA | -20.96M | -14.55M | -7.79M | -3.19M | -833.95K |
Net Income | -38.80M | -23.64M | -14.55M | -2.79M | -943.96K |
Balance Sheet | |||||
Total Assets | 77.24M | 91.23M | 102.06M | 19.66M | 15.22M |
Cash, Cash Equivalents and Short-Term Investments | 373.00K | 3.60M | 5.64M | 4.33M | 1.39M |
Total Debt | 41.10M | 27.55M | 21.90M | 0.00 | 0.00 |
Total Liabilities | 98.64M | 75.44M | 65.88M | 1.92M | 553.66K |
Stockholders Equity | -21.40M | 15.79M | 36.18M | 17.73M | 14.67M |
Cash Flow | |||||
Free Cash Flow | -1.70M | -9.65M | -16.96M | -2.08M | -700.36K |
Operating Cash Flow | -1.18M | -4.73M | -10.51M | -1.40M | -525.45K |
Investing Cash Flow | -563.00K | -4.48M | -51.57M | -1.30M | 352.22K |
Financing Cash Flow | -1.01M | 7.34M | 63.38M | 5.06M | 0.00 |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
61 Neutral | C$14.39M | 0.88 | -18.56% | ― | ― | ― | |
59 Neutral | C$36.57M | ― | -65.04% | ― | -89.84% | -16.41% | |
55 Neutral | $16.11M | ― | -329.25% | ― | 13.94% | -24.54% | |
48 Neutral | C$17.83M | ― | -43.82% | ― | ― | -55.00% | |
44 Neutral | AU$1.51B | -6.04 | -41.37% | 3.88% | -3.45% | -43.04% | |
― | $8.98M | ― | -14.62% | ― | ― | ― | |
― | $3.17M | ― | ― | ― | ― |
Northern Graphite has commented on the recent U.S. Department of Commerce’s decision to impose antidumping tariffs on Chinese graphite-based active anode material (AAM), which is crucial for lithium-ion batteries. This decision, alongside President Trump’s ‘Big Beautiful Bill,’ is expected to shift U.S. battery manufacturers towards domestic suppliers like Northern Graphite, enhancing their market position as North America’s sole natural graphite producer. With plans to establish a significant AAM plant in Quebec, Northern Graphite is poised to capitalize on this opportunity, further supported by their role in the North American Graphite Alliance, which aims to foster a competitive domestic graphite industry.
Northern Graphite recently hosted Stéphane Séjourné, Executive Vice-President of the European Commission, at its Lac des Iles mine in Quebec, North America’s only operating graphite mine. The visit emphasized the importance of secure and sustainable critical mineral supply chains amidst global trade shifts and highlighted the strategic alliance potential between Canada and the European Union. The discussions focused on enhancing industrial partnerships, with Northern Graphite poised to play a key role in supporting the clean energy transition and establishing a transatlantic critical minerals value chain. The company’s plans to develop a battery anode material facility in France, using feedstock from its Namibian mine, have been granted strategic project status under the EU’s Critical Raw Materials Act, reinforcing its commitment to strengthening Europe’s self-sufficiency in graphite.
Northern Graphite has entered into agreements to acquire intellectual property related to carbon material processing technology previously licensed from Heraeus, enabling it to develop, produce, and sell Porocarb®. This acquisition allows Northern to establish commercial production agreements and license the technology to third parties, generating short- and long-term royalty revenues. The company aims to enhance its integrated growth strategy and strengthen its position in the graphite industry by advancing the development and commercialization of its carbon material processing technology.
Northern Graphite Corporation reported its first-quarter 2025 results, highlighting record-high average sales prices despite a decrease in revenue due to a maintenance shutdown at the Lac des Iles mine. The company achieved strategic project status under the EU’s Critical Raw Materials Act for its Battery Materials Division, which plans to build a Battery Anode Material facility in France. This recognition aligns with Northern Graphite’s strategy to enhance its presence in the battery materials market. The company is also exploring the feasibility of a BAM plant in Baie-Comeau and is in discussions with various government bodies to support its projects. Despite production challenges, Northern Graphite remains focused on cost control and increasing output to meet customer demand.
Northern Graphite has welcomed a preliminary decision by the U.S. Department of Commerce to impose tariffs of up to 721% on Chinese graphite active anode material (AAM). This decision is part of a broader investigation into whether China is subsidizing its graphite AAM production, with final determinations expected by December 2025. As the only current producer of natural graphite in North America, Northern Graphite is well-positioned to benefit from this decision, which aims to create a more level playing field and boost local demand for graphite AAM. This move could significantly impact the graphite industry by encouraging the establishment of independent supply chains in North America.
Northern Graphite Corporation has granted 125,000 stock options to an officer and an employee, with an exercise price of $0.105 per share, expiring in 2030. The company also amended the vesting periods for 350,000 restricted share units, reflecting its strategic focus on incentivizing key personnel to drive future growth and operational success.
Northern Graphite Corporation announced its 2024 year-end results, highlighting strict cost controls and exploration success at the Lac des Iles mine. The company faces challenges in securing financing to expand its pit, crucial for continued operations. Despite geopolitical uncertainties, Northern Graphite increased revenues by 33% and sales volumes by 45%, driven by rising industrial demand for graphite in North America. The company is advancing its battery materials division and engaging with global battery manufacturers to strengthen its position in the battery supply chain.