Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 21.24M | 22.73M | 17.10M | 11.99M | 0.00 | 0.00 |
Gross Profit | -112.00K | -310.00K | 1.93M | 2.65M | -31.50K | -34.18K |
EBITDA | -17.62M | -20.96M | -14.55M | -7.79M | -3.19M | -833.95K |
Net Income | -35.37M | -38.80M | -23.64M | -14.55M | -2.79M | -943.96K |
Balance Sheet | ||||||
Total Assets | 77.39M | 77.24M | 91.23M | 102.06M | 19.66M | 15.22M |
Cash, Cash Equivalents and Short-Term Investments | 323.00K | 373.00K | 3.60M | 5.64M | 4.33M | 1.39M |
Total Debt | 42.96M | 41.10M | 27.55M | 21.90M | 0.00 | 0.00 |
Total Liabilities | 103.30M | 98.64M | 75.44M | 65.88M | 1.92M | 553.66K |
Stockholders Equity | -25.91M | -21.40M | 15.79M | 36.18M | 17.73M | 14.67M |
Cash Flow | ||||||
Free Cash Flow | -168.00K | -1.70M | -9.65M | -16.96M | -2.08M | -700.36K |
Operating Cash Flow | 252.00K | -1.18M | -4.73M | -10.51M | -1.40M | -525.45K |
Investing Cash Flow | -563.00K | -563.00K | -4.48M | -51.57M | -1.30M | 352.22K |
Financing Cash Flow | -104.00K | -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$10.16M | 0.88 | -18.56% | ― | ― | ― | |
59 Neutral | C$26.53M | ― | -65.04% | ― | -89.84% | -16.41% | |
48 Neutral | C$20.57M | ― | -43.82% | ― | ― | -55.00% | |
44 Neutral | C$964.86M | -6.72 | -13.73% | 2.52% | 17.53% | -32.55% | |
40 Underperform | C$10.71M | ― | -329.25% | ― | 13.94% | -24.54% | |
36 Underperform | C$11.65M | ― | -14.62% | ― | ― | -49.81% |
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.
Northern Graphite has received support from the Port of Rotterdam for its planned Battery Anode Material (BAM) facility in Baie-Comeau, Quebec, marking a significant step in establishing a transatlantic graphite supply chain. This development aligns with agreements between the Dutch and Quebec governments and positions Northern Graphite as a key player in the critical minerals sector, enhancing its capacity to supply the global battery market and contribute to the energy transition in Europe and North America.
Northern Graphite and The BMI Group are collaborating to explore the feasibility of establishing a Battery Anode Material (BAM) facility at a former paper mill in Baie-Comeau, Quebec. This initiative aims to accelerate the construction of a BAM plant, leveraging existing infrastructure to reduce time to market and support Quebec and Canada’s critical mineral strategy. The partnership could position Canada as a leader in battery materials, addressing the growing demand for graphite in electric vehicles and renewable energy. If successful, it would enhance Northern’s position as a major integrated graphite producer and contribute to the development of BMI’s Critical Mineral Corridor, which connects mineral resources in Ontario and Quebec to global markets.