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Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Metals & Mining Graphite
Northern Graphite Corporation is a Canada-based flake graphite producing company. The Company is focused on producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/electric vehicles (EVs), fuel cells and graphene, as well as advanced industrial technologies. Its mining operations include Lac des Iles, Okanjande and Bissett Creek. Its products include Flake Graphite Products and Porocarb Products. The Lac des Iles (LDI) mine is the only flake graphite producer in North America. The LDI mine is located approximately two kilometers south of Lac-des-Iles, Quebec, 110 kilometers (km) northeast of Ottawa and 180 km northwest of Montreal. The Okanjande mining is located in Namibia, one of Africa's finest mining jurisdictions. It holds a 100% interest in the Bissett Creek Project, which is located around 15 km from the Trans-Canada Highway between the towns of Deep River and Mattawa, Ontario.


TSXV:NGC - Post by User

Northern Graphite Corp
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Post by youknowwhaton May 02, 2024 9:53am
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Post# 36019269

NGC MORNING BRIEF

NGC MORNING BRIEF

Northern Graphite (CVE:NGC) Full Year 2023 Results

Key Financial Results

  • Revenue: CA$17.1m (up 43% from FY 2022).

  • Net loss: CA$23.6m (loss widened by 63% from FY 2022).

  • CA$0.18 loss per share (further deteriorated from CA$0.14 loss in FY 2022).

    Northern Graphite shares are down 9.4% from a week ago.

 Source Simply Wall Street

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