Overview
Niocan has a can-do attitude when it comes to mining niobium. The company explores for niobium, a talc-like mineral that is used in the production of steel and superalloys, at its Oka ferroniobium project in Quebec. Niobium competes with other minerals such as vanadium and molybdenum. The company is looking to get authorization from the government to begin production at its Oka project. In 2005 co-founder René Dufour retired as chairman and CEO.
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Read More Founded in 1995, Niocan is 20%-owned by Electrum Ferrometals.
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Read More Founded in 1995, Niocan is 20%-owned by Electrum Ferrometals.
Read Less
Hubert Marleau
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Metal Ore Mining
,
Support Activities for Mining
,
Mining (except Oil and Gas)
,
Mining, Quarrying, and Oil and Gas Extraction
,
Iron ore mining
See All Industries Metal mining services
See Fewer Industries
See All Industries Metal mining services
See Fewer Industries
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Actual
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Actual
$6,188
Actual
-29.75%
$1
DEC
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TSX Vent:NIO
Contacts
Get in Touch with 6 Principals* and 3 Contacts
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Hubert MarleauChairman of the Board and President and Member of the Board of Directors
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
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Financial data as of December 31, 2023 (12 month period) in USD
Annual Revenue 2024
$6,188
USD
Actual
1 USD = 1.3736 CAD
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Net Operating Cash | -$0 | -$1 | -$0 |
Net Investing Cash | $ | $ | $ |
Net Financing Cash | $0 | $0 | -$0 |
Net Change in Cash | -$0 | -$0 | -$0 |
Cash at Beginning of Period | $1 | $1 | $1 |
Cash at End of Period | $1 | $1 | $1 |
Capital Expenditure | $ | $ | $ |
Assets (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $1 | $1 | $1 |
Accounts Receivable | $ | $ | $ |
Inventories | $ | $ | $ |
Other Current Assets | $0 | $0 | $0 |
Asset Summary | |||
Total Current Assets | $1 | $1 | $1 |
Tangible Fixed Assets | $0 | $0 | $0 |
Intangible Assets | $ | $ | $ |
Total Assets | $2 | $2 | $2 |
Liabilities (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $0 | $0 | $0 |
Short-Term Debt | $ | $ | $0 |
Other Current Liabilities | $0 | $0 | $0 |
Liability Summary | |||
Total Current Liabilities | $0 | $0 | $0 |
Long-Term Debt | $ | $ | $0 |
Other Long-Term Liabilities | $ | $ | $ |
Total Liabilities | $0 | $0 | $1 |
Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Equity | |||
Common Stock | $16 | $15 | $15 |
Retained Earnings | -$17 | -$16 | -$15 |
Equity Summary | |||
Total Equity | $1 | $1 | $1 |
Shares Outstanding | 83,859,305 | 79,860,672 | 75,718,338 |