Company Description
Frontier Nuclear and Minerals Inc. develops a nuclear fuel cycle and critical minerals business centered on U.S. uranium assets and selected downstream nuclear technologies. The company does business as Frontier Nuclear, trades on Nasdaq under the symbol FNUC, and is headquartered in Winnipeg, Manitoba, Canada. Its current strategy emphasizes uranium mining and milling, uranium enrichment exposure, and small modular reactor technology through a mix of mineral projects and portfolio investments.
The company was previously known as Snow Lake Resources Ltd. and Snow Lake Energy. In March 2026, it changed its name to Frontier Nuclear and Minerals Inc. and changed its trading symbol from LITM to FNUC, reflecting a transition toward a focused nuclear fuel cycle platform. That transition followed the completed acquisition of Global Uranium and Enrichment Limited, which added U.S. uranium assets and broadened the company's nuclear fuel cycle exposure.
Uranium and mineral asset base
Frontier's uranium portfolio includes the Tallahassee Project in Colorado, described by the company as an established uranium resource base, and the Pine Ridge Project in Wyoming, an exploration-stage uranium asset in the Powder River Basin. The company has described its near-term work on these assets as staged drilling, technical work programs, and development planning. Its uranium activities are tied to a broader objective of building exposure to domestic nuclear fuel supply.
Frontier also retains a minerals identity through legacy and broader critical-minerals interests. Company materials describe projects and commodities that include uranium, lithium, tantalum, and cesium across North America and Namibia. Recent corporate updates characterize lithium assets as non-core to the company's nuclear fuel cycle focus, while the operating emphasis has shifted toward uranium and nuclear fuel cycle technologies.
Enrichment and reactor technology exposure
Frontier holds an equity position in Ubaryon Pty Ltd, a developer of uranium enrichment technology. The company has described itself as Ubaryon's largest shareholder, with Urenco Limited identified as the second largest shareholder. This investment provides Frontier with exposure to a downstream portion of the nuclear fuel cycle beyond uranium resource development.
Frontier also has an investment in Kadmos Energy Services LLC, a portfolio company developing small modular reactor technology. Kadmos is advancing a light-water, pressurized-water reactor approach that builds on established PWR operating experience and is designed with passive safety features. Company disclosures describe Kadmos' engineering and experimental validation work, including thermal-hydraulic and containment test platforms that support design development and Nuclear Regulatory Commission licensing strategy.
Business model and public-company profile
Frontier's business model is development-stage and investment-oriented. The company seeks to create exposure across multiple segments of the nuclear fuel cycle by advancing uranium projects and holding targeted interests in enrichment and reactor technologies. Its public disclosures center on project development, portfolio-company progress, nuclear fuel cycle strategy, capital allocation, and corporate transformation from a lithium-focused issuer into a uranium and nuclear fuel cycle company.
Stock Performance
Frontier Nuclear and Minerals (FNUC) stock last traded at $2.26, down 1.33% from the previous close. Over the past 12 months, the stock has lost 15.6%. At a market capitalization of $54.7M, FNUC is classified as a micro-cap stock with approximately 18.0M shares outstanding.
FNUC Rankings
Latest News
Frontier Nuclear and Minerals has 5 recent news articles. Of the recent coverage, 1 article coincided with positive price movement and 3 with negative movement. View all FNUC news →
SEC Filings
Frontier Nuclear and Minerals has filed 5 recent SEC filings, including 3 Form 6-K, 1 Form 4, 1 Form 20-F/A. The most recent filing was submitted on May 4, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all FNUC SEC filings →
Financial Highlights
Upcoming Events
Short Interest History
Short interest in Frontier Nuclear and Minerals (FNUC) currently stands at 1.3 million shares, up 28.6% from the previous reporting period, representing 7.0% of the float. Over the past 12 months, short interest has increased by 28.6%. The 6.7 days to cover indicates moderate liquidity for short covering.
Days to Cover History
Days to cover for Frontier Nuclear and Minerals (FNUC) currently stands at 6.7 days, up 226.8% from the previous period. This moderate days-to-cover ratio suggests reasonable liquidity for short covering, requiring about a week of average trading volume. The days to cover has increased 226.8% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 2.0 to 6.7 days.
FNUC Company Profile & Sector Positioning
Frontier Nuclear and Minerals (FNUC) operates in the Other Industrial Metals & Mining industry within the broader Basic Materials sector and is listed on the NASDAQ.