CSE

Fathom Nickel Inc.

FNI.CN•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.01
Today's Change
+50.00%
Market Cap
$4.53M
Volume
452.50K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Fathom Nickel Inc. is an exploration stage company focused on acquiring and exploring base and precious metals for the electric vehicle and battery markets in Canada. Its strengths include a strong liquidity position with a current ratio of 6.54 and no debt, indicating financial stability. However, the negative ROE and ROA of -1.4% raise concerns about profitability and operational efficiency. The recent 50% price increase may reflect speculative interest rather than fundamental value, suggesting caution for potential investors.

Based on 22 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.06
52 Week Low$0.01
Avg Volume613.58K
Beta-0.89
Shares Outstanding301.81M

🔥 Valuation

Market Cap$4.53M
Enterprise Value$1.56M
P/E Ratio-1.35
EV/EBITDA ⚠️-4.28x
Dividend Yield0.00%

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🚩 Red Flags

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Limited Cash Runway

Company is burning $191K per quarter with $599K in cash. Approximately 3.1 quarters of runway at current burn rate.

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Significant Losses

Company posted a loss of $-991K over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $762K over the last year.

🌟 Opportunities

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Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

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Excellent liquidity with current ratio of 6.5x ensures operational stability.

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