FRSP.F Stock Overview

Owns and develops igneous rock phosphate mineral properties in Canada and North America. More details

FRSP.F fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Shares are highly illiquid

Makes less than USD$1m in revenue (CA$0)

Earnings have declined by 64.9% per year over past 5 years

Does not have a meaningful market cap ($20M)

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

First Phosphate Corp. Competitors

Urano Energy

OTCPK:UECX.F

US$14.5m

Texas Mineral Resources

OTCPK:TMRC

US$21.3m

Chilean Cobalt

OTCPK:COBA

US$21.2m

Snow Lake Resources

NasdaqCM:LITM

US$25.2m

Price History & Performance

Summary of share price highs, lows and changes for First Phosphate
Historical stock prices
Current Share Price	CA$0.18
52 Week High	CA$0.30
52 Week Low	CA$0.10
Beta	0
1 Month Change	34.57%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-51.88%

Recent updates

Shareholder Returns

	FRSP.F	US Metals and Mining	US Market
7D	-2.2%	0.06%	0.6%
1Y	n/a	-4.1%	23.8%

Return vs Industry: Insufficient data to determine how FRSP.F performed against the US Metals and Mining industry.

Return vs Market: Insufficient data to determine how FRSP.F performed against the US Market.

Price Volatility

Is FRSP.F's price volatile compared to industry and market?
FRSP.F volatility
FRSP.F Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	7.9%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: FRSP.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine FRSP.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2006	n/a	John Passalacqua	www.firstphosphate.com

First Phosphate Corp. owns and develops igneous rock phosphate mineral properties in Canada and North America. It is involved in the extraction and purifying of phosphate for the production of cathode active material used in lithium iron phosphate battery industry. The company’s flagship property is Lac à l’Orignal Property located in Quebec, Canada.

First Phosphate Corp. Fundamentals Summary

How do First Phosphate's earnings and revenue compare to its market cap?
FRSP.F fundamental statistics
Market cap	US$13.74m
Earnings (TTM)	-US$6.29m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-2.2x

P/E Ratio

Is FRSP.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRSP.F income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$9.07m
Earnings	-CA$9.07m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.12
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did FRSP.F perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 14:51
End of Day Share Price	2024/12/27 00:00
Earnings	2024/08/31
Annual Earnings	2024/02/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Phosphate Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution