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Forge ResourcesCNSX:FRG Stock Report

Market Cap CA$52.1m
Share Price
CA$0.53
My Fair Value
CA$1.00
47.0% undervalued intrinsic discount
1Y-8.6%
7D0%
Portfolio Value
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Forge Resources Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Forge Resources
Historical stock prices
Current Share PriceCA$0.53
52 Week HighCA$1.15
52 Week LowCA$0.30
Beta2.21
1 Month Change-11.67%
3 Month Change-44.21%
1 Year Change-8.62%
3 Year Change457.89%
5 Year Change70.97%
Change since IPO315.69%

Recent News & Updates

Recent updates

Shareholder Returns

FRGCA Metals and MiningCA Market
7D0%2.9%0.9%
1Y-8.6%34.6%17.4%

Return vs Industry: FRG underperformed the Canadian Metals and Mining industry which returned 31.5% over the past year.

Return vs Market: FRG underperformed the Canadian Market which returned 16.6% over the past year.

Price Volatility

Is FRG's price volatile compared to industry and market?
FRG volatility
FRG Average Weekly Movement11.2%
Metals and Mining Industry Average Movement10.9%
Market Average Movement8.7%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: FRG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: FRG's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aPJ Murphywww.forgeresourcescorp.com

Forge Resources Corp. engages in the exploration and development of natural resource properties in Canada, Colombia, and Mexico. The company explores for gold, molybdenum, and copper deposits, as well as coal. It has an option right to earn 60% joint venture interest in the Alotta project located in the Whitehorse mining district, Yukon.

Forge Resources Corp. Fundamentals Summary

How do Forge Resources's earnings and revenue compare to its market cap?
FRG fundamental statistics
Market capCA$52.12m
Earnings (TTM)-CA$5.95m
Revenue (TTM)n/a
0.0x
P/S Ratio
-8.8x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRG income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$5.95m
Earnings-CA$5.95m

Last Reported Earnings

Feb 28, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.061
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio4.4%

How did FRG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/22 06:25
End of Day Share Price 2025/07/22 00:00
Earnings2025/02/28
Annual Earnings2024/08/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Forge Resources Corp. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ben PirieAtrium Research