Company Description
First Canadian Graphite Inc. is a critical minerals exploration company focused on expanding and developing a high-grade graphite resource in Québec, Canada. The company’s common shares trade on the TSX Venture Exchange under the symbol FCI and on the OTC market under the symbol GRAPF. The GRAPF ticker represents the company’s completed OTC symbol change from its prior OTC symbol.
The company’s flagship asset is the Berkwood graphite project, located near the western shore of Lac Tétépisca in the Tétépisca Graphite District of Québec. The project is centered on graphite mineralization exposed and sampled at surface across multiple locations. Exploratory diamond drilling has defined a NI 43-101 compliant graphite resource at Zone 1, including indicated and inferred resource categories with high reported carbon graphite grades.
First Canadian Graphite describes graphite as a mineral tied to energy transition and advanced technology development. Its operating focus is exploration, resource expansion, and project advancement rather than commercial production. The company has expanded its claim position in the Tétépisca Graphite District and identifies additional graphite anomalies on the property as part of its exploration base.
As a public mineral exploration issuer, First Canadian Graphite’s durable business profile is defined by its Québec graphite claims, the Berkwood project, Zone 1 resource work, exploration drilling history, and corporate governance for a resource-development company. The company has also reported management changes intended to strengthen executive leadership and governance as it advances the project.
Stock Performance
First Canadian (GRAPF) stock last traded at $0.1955. Over the past 12 months, the stock has lost 26.8%. At a market capitalization of $8.8M, GRAPF is classified as a micro-cap stock with approximately 45.0M shares outstanding.
Latest News
First Canadian has 6 recent news articles, with the latest published 4 days ago. Of the recent coverage, 2 articles coincided with positive price movement and 3 with negative movement. View all GRAPF news →
SEC Filings
Financial Highlights
Upcoming Events
Diamond drilling program
First Canadian has 1 upcoming scheduled event. The next event, "Diamond drilling program", is scheduled for November 1, 2026 (in 133 days). Investors can track these dates to stay informed about potential catalysts that may affect the GRAPF stock price.
Short Interest History
Short interest in First Canadian (GRAPF) currently stands at 22.8 thousand shares, up 17280.2% from the previous reporting period, representing 0.1% of the shares outstanding. Over the past 12 months, short interest has decreased by 48.4%.
Days to Cover History
Days to cover for First Canadian (GRAPF) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 63% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 2.7 days.
GRAPF Company Profile & Sector Positioning
First Canadian (GRAPF) operates in the Other Industrial Metals & Mining industry within the broader Basic Materials sector and is listed on the OTC Link.