First Canadian (GBMIF) Stock Price, News & Analysis
Company Description
First Canadian Graphite Inc. is a critical minerals exploration company focused on graphite resources in Québec, Canada. The company’s principal asset is the Berkwood graphite project, located near the western shore of Lac Tétépisca in the Tétépisca Graphite District. Its business is centered on mineral exploration, resource expansion, and development work for high-grade graphite, a material used in energy-transition and advanced-technology supply chains.
The Berkwood project includes graphite mineralization exposed and sampled at surface across multiple locations. Exploratory diamond drilling has defined an NI 43-101 compliant resource at Zone 1 consisting of 1.76 million tonnes indicated at 17% Cg and an additional 1.53 million tonnes inferred at 16.4% Cg. The property also includes additional anomalies with outcropping graphite that support the company’s continuing exploration focus.
First Canadian Graphite expanded its land position in early 2026 and controls approximately 167 square kilometers in the Tétépisca Graphite District. The company describes its work as advancing resource expansion and progressing the Berkwood project toward preliminary economic assessment work. Its operating profile is that of an exploration-stage mineral issuer rather than a graphite producer.
The company’s listed securities include common shares on the TSX Venture Exchange under the symbol FCI. On the OTC Market, the company’s common shares changed ticker symbol from GBMIF to GRAPF effective April 7, 2026, making GBMIF the prior OTC trading symbol for the same issuer.
Stock Performance
First Canadian (GBMIF) stock last closed at $0.2900. Over the past 12 months, the stock has gained 251.5%. At a market capitalization of $9.6M, GBMIF is classified as a micro-cap stock with approximately 44.7M shares outstanding.
Latest News
First Canadian has 2 recent news articles. Of the recent coverage, 0 articles coincided with positive price movement and 1 with negative movement. Key topics include acquisition. View all GBMIF news →
SEC Filings
Financial Highlights
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Short Interest History
Short interest in First Canadian (GBMIF) currently stands at 30.9 thousand shares, up 38.2% from the previous reporting period, representing 0.1% of the float. Since September 2025, short interest has increased by 473.7%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for First Canadian (GBMIF) currently stands at 2.9 days, up 185% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has increased 56.6% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 2.9 days.
GBMIF Company Profile & Sector Positioning
First Canadian (GBMIF) operates in the Other Industrial Metals & Mining industry within the broader Basic Materials sector and is listed on the OTC Link.