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Falcon Energy Materials plc engages in the exploration and development of mineral properties in Africa. The company primarily explores for graphite deposits. It holds 100% interests in the Lola Graphite project that consisting of a mining permit covering an area of 94.38 square kilometers located in the Republic of Guinea, West Africa, as well as operates the Morocco Anode Plant. The company was formerly known as SRG Mining Inc. and changed its name to Falcon Energy Materials plc in July 2024. Falcon Energy Materials plc was incorporated in 1996 and is based in Abu Dhabi, the United Arab Emirates.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Public information on Falcon Energy Materials plc (FLCN.V) is limited; the company is listed on the TSX Venture Exchange and appears focused on materials for energy applications. It may attract investors if demand for energy-transition metals rises, since small exploration companies can gain from discoveries and stronger commodity markets.
Principal risks are its early-stage profile with limited disclosure, financing and execution risk, commodity-price exposure and low stock liquidity.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Income before tax | -7.88M | -5.49M | -5.87M | -2.66M | -3.54M |
| Net income | -7.88M | -5.49M | -5.87M | -2.66M | -3.54M |
| Selling general administrative | 6.00M | 4.13M | 3.77M | 1.90M | 2.37M |
| Gross profit | -0.09M | - | - | 0.00M | -0.05M |
| Reconciled depreciation | 0.17M | 0.20M | 0.20M | 0.21M | 0.27M |
| Operating income | -6.73M | -5.74M | -5.69M | -2.28M | -3.46M |
| Interest expense | - | - | 0.09M | 0.34M | 0.23M |
| Interest income | 0.27M | 0.27M | - | 0.00M | 0.00M |
| Net interest income | 0.27M | 0.27M | -0.17M | -0.34M | -0.23M |
| Total revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total operating expenses | 6.73M | 5.74M | 5.69M | 2.28M | 3.46M |
| Cost of revenue | 0.09M | - | - | 0.00M | 0.05M |
| Total other income expense net | -1.42M | -0.02M | -0.02M | -0.05M | 0.15M |
| Net income from continuing ops | -7.88M | -5.49M | -5.87M | -2.66M | -3.54M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total assets | 4.25M | 9.39M | 11.65M | 4.97M | 1.22M |
| Other current assets | - | - | - | - | -0.00M |
| Total liab | 0.81M | 0.67M | 0.94M | 3.19M | 2.28M |
| Total stockholder equity | 3.45M | 8.71M | 10.71M | 1.78M | -1.06M |
| Other current liab | - | - | - | 0.27M | - |
| Capital stock | 43.92M | 43.78M | 41.28M | 27.70M | 22.64M |
| Retained earnings | -53.26M | -45.38M | -39.89M | -34.02M | -31.36M |
| Cash | 3.72M | 0.74M | 11.06M | 4.53M | 0.48M |
| Total current liabilities | 0.81M | 0.64M | 0.93M | 3.17M | 2.23M |
| Net debt | - | - | - | - | 0.27M |
| Short long term debt | - | - | - | 1.07M | 0.70M |
| Total current assets | 3.98M | 9.05M | 11.31M | 4.63M | 0.63M |
| Short term investments | 0.00M | 8.13M | 0.05M | - | - |
| Long term debt | - | - | - | - | 0.05M |
| Accounts payable | - | - | 0.92M | 1.67M | 1.43M |
| Non current assets total | 0.27M | 0.33M | 0.33M | 0.34M | 0.59M |
| Capital lease obligations | 0.10M | 0.12M | 0.02M | 0.03M | 0.04M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Investments | 8.13M | -7.99M | -0.16M | 0.05M | -0.00M |
| Net borrowings | -0.13M | - | - | - | - |
| Total cash from financing activities | -0.08M | 2.44M | 11.60M | 5.36M | 3.63M |
| Net income | -7.88M | -5.49M | -5.87M | -2.66M | -3.54M |
| Change in cash | 2.98M | -10.32M | 6.48M | 4.05M | 0.35M |
| Begin period cash flow | 0.74M | 11.06M | 4.58M | 0.52M | 0.17M |
| End period cash flow | 3.72M | 0.74M | 11.06M | 4.58M | 0.52M |
| Total cash from operating activities | -5.05M | -4.77M | -4.90M | -1.35M | -3.27M |
| Issuance of capital stock | - | 0.00M | 12.57M | 4.86M | 3.48M |
| Depreciation | 0.17M | 0.20M | 0.20M | 0.21M | 0.27M |
| Dividends paid | - | 0.00M | 0.00M | 0.00M | - |
| Capital expenditures | 0.02M | 0.04M | 0.16M | 0.00M | 0.00M |
| Change in working capital | 0.07M | -0.34M | -0.67M | 0.30M | -1.24M |
| Stock based compensation | 2.57M | 1.00M | 1.32M | 0.54M | 1.19M |
| Other non cash items | 0.01M | -0.13M | 0.03M | 0.22M | 0.07M |
| Free cash flow | -5.07M | -4.82M | -5.07M | -1.36M | -3.28M |
Sector: Basic Materials Industry: Other Industrial Metals & Mining
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| FLCN Falcon Energy Materials plc |
0.04 4.08% |
1.02 | - | 12.33 | 66.40 | 22.25 | 23.33 | -12.82 |
| SGML Sigma Lithium Resources Corp |
0.63 8.75% |
7.83 | - | 23.09 | 29.72 | 42.12 | 23.03 | 32.66 |
| AFM Alphamin Res |
-0.01 0.39% |
1.26 | 8.44 | 9.43 | 2.78 | 3.33 | 2.13 | 3.85 |
| SLI Standard Lithium Ltd |
-0.02 1.03% |
1.92 | - | - | 79.52 | 2.40 | 83.96 | 5.29 |
| FWZ Fireweed Zinc Ltd |
0.16 7.08% |
2.42 | - | 1250.00 | - | 26.07 | - | -7.01 |
Falcon Energy Materials plc engages in the exploration and development of mineral properties in Africa. The company primarily explores for graphite deposits. It holds 100% interests in the Lola Graphite project that consisting of a mining permit covering an area of 94.38 square kilometers located in the Republic of Guinea, West Africa, as well as operates the Morocco Anode Plant. The company was formerly known as SRG Mining Inc. and changed its name to Falcon Energy Materials plc in July 2024. Falcon Energy Materials plc was incorporated in 1996 and is based in Abu Dhabi, the United Arab Emirates.
Al Maryah Tower, Abu Dhabi, United Arab Emirates
| Name | Title | Year Born |
|---|---|---|
| Mr. Benoit La Salle CPA, F.C.A., FCA, FCPA, M.B.A., MBA | Executive Chairman | 1955 |
| Mr. Matthieu Francois Thierry Bos M.Sc. | CEO & President | NA |
| Mr. Jean-Daniel Joly CPA | Chief Financial Officer | NA |
| Mr. Patrick Moryoussef ENG, P.Eng. | Chief Operating Officer | NA |
| Mr. Elias J. Elias L.L.B. | VP of Legal & Corporate Affairs and Corporate Secretary | NA |
| Mr. Benoit La Salle CPA, F.C.A., FCPA, M.B.A. | Executive Chairman | 1955 |
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