What is First Phosphate Corp.'s (PHOS.CN) StockRank?

MoatMap's StockRank for First Phosphate Corp. (PHOS.CN) is 28/100, with a Sell signal. This is a composite score combining Quality (32), Value (22), and Momentum (65) factor ranks across MoatMap's 19,000+ stock universe.

Does First Phosphate Corp. have an economic moat?

First Phosphate Corp. (PHOS.CN) has a Quality factor score of 32/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is First Phosphate Corp. a buy, hold, or sell?

MoatMap's current signal for First Phosphate Corp. (PHOS.CN) is Sell, based on a StockRank of 28/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is First Phosphate Corp. in?

First Phosphate Corp. (PHOS.CN) operates in the Basic Materials sector, specifically the Other Industrial Metals & Mining industry (Canada).

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PHOS.CN

SELLFLAG

First Phosphate Corp. · Basic Materials · Canada · $245M · Avg Vol: $896K/d

StockRank

P/E (TTM)

—

ROE

-76.8%

D/E

0.0x

Dividend %

—

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

First Phosphate is a developer of high-purity phosphate assets in Canada specifically targeted at the LFP battery market. It offers an intriguing, highly asymmetric option on North American battery material independence, but as a pre-revenue junior mining play, it currently fails our strict quality and cash-flow requirements.

COMPANY DESCRIPTION

First Phosphate Corp. is a mineral development company fully dedicated to extracting and purifying phosphate for the production of active anode materials for the Lithium Iron Phosphate (LFP) battery industry. The company's competitive moat is its high-purity, low-impurity anorthosite phosphate rock deposit in Quebec, which allows for direct, low-carbon processing into battery-grade phosphoric acid. First Phosphate operates as a vertically integrated, pure-play supplier targeting the North American electric vehicle supply chain.

FINANCIAL SUMMARY

Year	2022	2023	2024	2025	CAGR
Revenue	0	0	0	0	—
EPS	-0.01	-0.01	-0.01	-0.01	—
Shares	299M	48M	74M	90M	-70.0%
Debt	52,639	369,920	3M	768,770	144.4%
Equity	-52,639	4M	7M	5M	8.6%
Op CF	-18,962	-2M	-3M	-6M	—
Inv CF	0	-1M	0	—	—
Fin CF	0	5M	7M	2M	—

PRICE (1M)+29.8%

SMA 50SMA 200

$1.23

RSI (14)

35.8

52W High

$1.49

From 52W High

0.8%

SCORE BREAKDOWN

Quality

ROIC

-113.1%3.8

ROE

-76.8%6.0

GP/Assets

—N/A

Op. Margin

0.0%26.7

FCF/Assets

-59.8%5.5

Piotroski

—7.4

Int. Cover

-18.1x13.7

D/E Ratio

0.00x99.0

Current Ratio

17.30x93.2

Value

P/E (TTM)

—N/A

EV/EBITDA

—N/A

P/FCF

—N/A

P/B

10.2x7.3

P/S

—N/A

Div Yield

—N/A

Momentum

52W High %

83%69.0

RS 6M

61%88.6

SMA 50/200

1.49x94.8

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—N/A

Q Growth

—N/A

FUNDAMENTALS

Market Cap

$245M

P/E (Forward)

-23.0x

Gross Margin

0.0%

SECTOR PEERS

Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of PHOS.CN are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
PHOS.CN	First Phosphate Corp.(you)	$245M	28	SELL
GLO.TO	Global Atomic Corporation	$259M	30	SELL
ZNG.V	Group Eleven Resources Corp.	$224M	30	SELL
CVW.V	CVW Sustainable Royalties Inc.	$251M	32	SELL
MAXX.CN	Max Power Mining Corp.	$236M	33	SELL
SICO.V	Silverco Mining Ltd.	$271M	22	SELL
HHH.V	Helius Minerals Limited	$172M	26	SELL
CDPR.V	Cerro de Pasco Resources Inc.	$282M	35	HOLD
ETG.TO	Entrée Resources Ltd.	$364M	25	SELL
SCMI.V	Selkirk Copper Mines Inc.	$176M	23	SELL

Peer medians: ROE -12.3% · P/E 15.3x · Gross margin 0.0%

First Phosphate Corp. (PHOS.CN) — Stock Score Summary

First Phosphate Corp. (PHOS.CN) has a MoatMap StockRank of 28/100 based on Quality (32/100), Value (22/100), and Momentum (65/100) factor scores. The current signal is SELL. First Phosphate is a developer of high-purity phosphate assets in Canada specifically targeted at the LFP battery market. It offers an intriguing, highly asymmetric option on North American battery material independence, but as a pre-revenue junior mining play, it currently fails our strict quality and cash-flow requirements.

Key Financial Metrics

Price	$1.23
Market Cap	$245M
P/E (Forward)	-23.00
Price/Book	10.19
Return on Equity	-76.8%
Return on Invested Capital	-113.1%
Debt/Equity	0.02
Gross Margin	0.0%
Operating Margin	0.0%
Free Cash Flow	$-2M

First Phosphate Corp. operates in the Other Industrial Metals & Mining industry, part of the Basic Materials sector (Canada).

Frequently Asked Questions

What is First Phosphate Corp.’s (PHOS.CN) StockRank?: MoatMap’s StockRank for First Phosphate Corp. (PHOS.CN) is 28/100, with a Sell signal. It is a composite of Quality (32), Value (22), and Momentum (65) factor ranks across MoatMap’s 19,000+ stock universe.
Does First Phosphate Corp. have an economic moat?: First Phosphate Corp. (PHOS.CN) has a Quality factor score of 32/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is First Phosphate Corp. a buy, hold, or sell?: MoatMap’s current signal for First Phosphate Corp. (PHOS.CN) is Sell, based on a StockRank of 28/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is First Phosphate Corp. in?: First Phosphate Corp. (PHOS.CN) operates in the Basic Materials sector, specifically the Other Industrial Metals & Mining industry (Canada).