First Atlantic Nickel Ratios and Metrics

Market cap in millions CAD. Fiscal year is February - January.

Millions CAD. Fiscal year is Feb - Jan.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 9, 2026	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Market Capitalization	26	20	4	1	3	5
Market Cap Growth	62.15%	434.92%	240.26%	-68.04%	-24.81%	203.29%
Enterprise Value	28	20	3	1	3	4
Last Close Price	0.23	0.23	0.09	0.15	0.55	0.90
PB Ratio	3.35	3.08	1.58	1.34	1.78	3.20
P/TBV Ratio	3.35	3.08	1.58	1.34	1.78	3.20
Debt / Equity Ratio	0.35	0.01	0.01	0.04	-	0.02
Quick Ratio	4.31	0.47	2.22	1.54	0.83	2.30
Current Ratio	5.12	0.51	2.24	1.56	1.12	2.31
Return on Equity (ROE)	-31.91%	-41.39%	-57.38%	-175.24%	-19.82%	-85.86%
Return on Assets (ROA)	-23.26%	-30.76%	-25.52%	-78.42%	-13.29%	-26.25%
Return on Capital Employed (ROCE)	-30.60%	-38.60%	-37.20%	-286.30%	-23.90%	-34.40%
Earnings Yield	-8.12%	-9.17%	-24.39%	-219.02%	-9.68%	-12.74%
FCF Yield	-24.80%	-20.56%	-52.27%	-57.24%	-52.59%	-17.26%
Buyback Yield / Dilution	-64.98%	-138.04%	-321.48%	-23.13%	-87.22%	-171.06%

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.