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Focus Graphite Inc. Stock AnalysisComprehensive stock analysis for Focus Graphite Inc. (FMS.V) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisFMS.V
FMS.V
Focus Graphite Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
FMS.V
Home🔹Stocks🔹Focus Graphite Inc.

Focus Graphite Inc.

FRC Coverage
🇨🇦FMS.V•TSXV

Focus Graphite Inc.

FRC Coverage
🇨🇦FMS.V•TSXV
Sentiment

Your view on FMS.V

Sentiment
Your view
FMS.V
Focus Graphite Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
FMS.V
Company Overview

Overview

What the company does, where it operates, and who runs it.

*Focus Graphite Inc. has paid FRC a fee for research coverage and distribution of reports.

About Focus Graphite Inc.

Industry
Industrial Materials
Sector
Basic Materials
CEO
Dean Hanisch
Headquarters
945 Princess Street, Kingston, ON, CA
Industry
Industrial Materials
Sector
Basic Materials
CEO
Dean Hanisch
Headquarters
945 Princess Street, Kingston, ON, CA
Description

Focus Graphite Inc., an exploration stage company, acquires, explores, and develops mineral properties in Quebec, Canada. The company explores for graphite, iron, copper, rare-earth elements, and gold deposits.

Its flagship property is the Lac Knife property in which it holds 100% interests that consists of 57 claims covering an area of 29,863 hectares located in the Côte Nord region of Québec. The company was formerly known as Focus Metals Inc. and changed its name to Focus Graphite Inc. in May 2012.

The company was incorporated in 1998 and is based in Kingston, Canada.

FRC Research
Buy
Fair Value Estimate
CAD$2.03

Raising Our Fair Value Estimate on Transformational Resource Upgrade

Report · May 25, 2026

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FRC Research
Buy
Fair Value Estimate
CAD$2.03

Raising Our Fair Value Estimate on Transformational Resource Upgrade

Report · May 25, 2026

Sign in to view

FRC Research

Research Reports

FRC analyst coverage and recommendations.

Past Reports

Historical coverage archive.

Analyst Notes

Ongoing commentary and updates from FRC analysts.

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for Focus Graphite Inc., and the rating behind it. FMS.V last traded at C$0.48; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Focus Graphite Inc.. Starting points for Focus Graphite Inc.: EPS -C$0.05, beta 3.80 — an Industrial Materials name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Focus Graphite Inc.. Focus Graphite Inc. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Focus Graphite Inc.. Trailing twelve-month EPS for Focus Graphite Inc. stands at -C$0.05. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Focus Graphite Inc.. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Focus Graphite Inc. valued side by side against its closest peers. Focus Graphite Inc. is measured against Industrial Materials peers within the Basic Materials sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold Focus Graphite Inc., and how their positions are changing. At a C$45.7M market value, institutional positions materially move Focus Graphite Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by Focus Graphite Inc. executives and directors. Shares of Focus Graphite Inc. have traded between C$0.07 and C$0.76 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Focus Graphite Inc.. Focus Graphite Inc. is a C$45.7M Basic Materials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Focus Graphite Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Focus Graphite Inc.. Coverage tracks Focus Graphite Inc. within Industrial Materials (Basic Materials). Press releases and market coverage, newest first.

Peer companies

  • LEM.V — Leading Edge Materials Corp.
  • MAXX.CN — Max Power Mining Corp.
  • NBM.V — NEO Battery Materials Ltd.
  • NKG.V — Nevada King Gold Corp.
  • NKL.V — Nickel 28 Capital Corp.
  • OGD.TO — Orbit Garant Drilling Inc.
  • SALT.V — Atlas Salt Inc.
  • SLG.V — San Lorenzo Gold Corp.

More Industrial Materials companies

  • NMR.AX — Native Mineral Resources Holdings Limited
  • NNL.AX — Nordic Resources Ltd
  • NNX.V — Nickel North Exploration Corp.
  • NOURF — Northern Minerals Limited
  • NQMLF — NQ Minerals Plc
  • NRM.V — Noram Lithium Corp.
  • NRVTF — Noram Lithium Corp.
  • NSRCF — NextSource Materials Inc.
  • NTCPF — NorthIsle Copper and Gold Inc.
  • NTU.AX — Northern Minerals Limited
  • NVSGF — Nevada Sunrise Metals Corporation
  • NWCCF — NorthWest Copper Corp.

Research Reports

2 reports

*Focus Graphite Inc. has paid FRC a fee for research coverage and distribution of reports.

May 25, 2026

Raising Our Fair Value Estimate on Transformational Resource Upgrade

Focus Graphite Inc. highlights an 84% market discount on its Lac Knife project, with plans for metallurgical testing to assess economic viability.

Thumbnail for Raising Our Fair Value Estimate on Transformational Resource Upgrade
Mar 19, 2026

The Graphite Arbitrage: High-Grade, Low-Cost Supply for Defense & Critical Industries – Initiating Coverage

Focus Graphite Inc. received $14M in funding to produce ultra-high-purity graphite, targeting military and advanced technology applications.

Thumbnail for The Graphite Arbitrage: High-Grade, Low-Cost Supply for Defense & Critical Industries – Initiating Coverage
8 notes

*Focus Graphite Inc. has paid FRC a fee for research coverage and distribution of reports.

Aug 31, 2026·1 week agoLatest
Company Announcement

From Graphite Concentrate to Battery Anode Material

FRC Analyst's Comment

FMS announced a non-binding agreement with U.S.-based C4V to evaluate a mine-to-anode pathway using graphite from its Lac Knife project in Québec. C4V brings experience in battery materials, cell design and manufacturing, adding technical credibility to the initiative. Earlier this month, Focus produced 850 kg of graphite concentrate grading up to 98.7% carbon using conventional mechanical processing alone, vs. the typical 94%–97% for mechanically processed concentrates. This unusually high initial purity could reduce downstream processing requirements, costs, and energy use.

While the deal includes no purchase commitment, successful testing could lead to customer qualification, strategic partnerships and potential offtake agreements, enabling FMS to move beyond graphite concentrate into higher-value battery materials.

Aug 31, 20261 week agoLatest
Aug 24, 2026·2 weeks ago
Company Announcement

Government Support and Lower Power Costs Strengthen Lac Knife

FRC Analyst's Comment

FMS’s Lac Knife Project was highlighted by the Canadian government as one of four projects receiving support for critical-minerals infrastructure, specifically the planned access road and electrical connection to Hydro-Québec’s power grid. FMS also completed an electrical study identifying a preferred connection that could potentially reduce power-related CAPEX compared with previously estimates. We view these developments positively, as improved infrastructure and lower power costs could reduce development risks and capital requirements for the project.

Lac Knife hosts one of the world’s highest-grade graphite deposits, and is supported by a feasibility study that estimates an after-tax NPV8% of $286M. With FMS trading at a MCAP of just $49M, we believe the shares do not fully reflect Lac Knife’s value, while assigning no value to the company’s Tétépisca project, which hosts one of the world’s largest and highest-grade graphite resources.

Aug 24, 20262 weeks ago
Aug 4, 2026·1 month ago
Company Announcement

Produces Premium Graphite Concentrate

FRC Analyst's Comment

FMS produced 850 kg of graphite concentrate grading up to 98.7% carbon from its Lac Knife project in Quebec using conventional mechanical processing alone. Typical mechanically processed graphite concentrates grade 94–97% carbon, while battery-grade graphite generally requires 99.95%+ carbon through chemical or thermal purification. We believe achieving such a high initial grade has the potential to reduce downstream processing costs, improve recoveries, and enhance project economics.

Aug 4, 20261 month ago
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