FOMO Stock Overview
Engages in the acquisition and exploration of mineral property assets in North America. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Formation Metals Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.22 |
| 52 Week High | CA$0.25 |
| 52 Week Low | CA$0.09 |
| Beta | 0 |
| 11 Month Change | 15.79% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 62.96% |
Recent News & Updates
Recent updates
Shareholder Returns
| FOMO | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | 4.8% | 6.6% | 2.1% |
| 1Y | n/a | 32.1% | 23.4% |
Return vs Industry: Insufficient data to determine how FOMO performed against the Canadian Metals and Mining industry.
Return vs Market: Insufficient data to determine how FOMO performed against the Canadian Market.
Price Volatility
| FOMO volatility | |
|---|---|
| FOMO Average Weekly Movement | n/a |
| Metals and Mining Industry Average Movement | 10.4% |
| Market Average Movement | 8.3% |
| 10% most volatile stocks in CA Market | 17.7% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: FOMO's share price has been volatile over the past 3 months compared to the Canadian market.
Volatility Over Time: Insufficient data to determine FOMO's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2022 | n/a | Deepak Varshney | n/a |
Formation Metals Inc. engages in the acquisition and exploration of mineral property assets in North America. Its principal property is the 85% owned Nicobat nickel-copper-cobalt property with 2 combined surface and mining right patents located within Dobie Township of Ontario, Canada. The company was incorporated in 2022 and is headquartered in Vancouver, Canada.
Formation Metals Inc. Fundamentals Summary
| FOMO fundamental statistics | |
|---|---|
| Market cap | CA$6.27m |
| Earnings (TTM) | -CA$134.63k |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-46.5x
P/E RatioIs FOMO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FOMO income statement (TTM) | |
|---|---|
| Revenue | CA$0 |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$0 |
| Other Expenses | CA$134.63k |
| Earnings | -CA$134.63k |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0047 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0% |
How did FOMO perform over the long term?
See historical performance and comparison