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Fortune Minerals LimitedTSX:FT Stock Report

Market Cap CA$137.8m
Share Price
CA$0.21
CA$0.63
66.7% undervalued intrinsic discount
1Y250.0%
7D16.7%
1D
Portfolio Value
View

Fortune Minerals Limited

TSX:FT Stock Report

Market Cap: CA$137.8m

Fortune Minerals (FT) Stock Overview

Fortune Minerals Limited is involved in the exploration and development of specialty metals, base metals, and precious metals in Canada. More details

FT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

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Fortune Minerals Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Fortune Minerals
Historical stock prices
Current Share PriceCA$0.21
52 Week HighCA$0.22
52 Week LowCA$0.055
Beta-0.35
1 Month Change75.00%
3 Month Change75.00%
1 Year Change250.00%
3 Year Change281.82%
5 Year Change40.00%
Change since IPO-97.36%

Recent News & Updates

Recent updates

Analysis Article Dec 21

Would Fortune Minerals (TSE:FT) Be Better Off With Less Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Sep 07

Fortune Minerals (TSE:FT) Is Making Moderate Use Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 25

Here's Why Fortune Minerals (TSE:FT) Can Afford Some Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Nov 29

Would Fortune Minerals (TSE:FT) Be Better Off With Less Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article May 05

Is Fortune Minerals (TSE:FT) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Sep 02

Here's Why Fortune Minerals (TSE:FT) Can Afford Some Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 31

Fortune Minerals (TSE:FT) Is Making Moderate Use Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Nov 19

We Think Fortune Minerals (TSE:FT) Has A Fair Chunk Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Shareholder Returns

FTCA Metals and MiningCA Market
7D16.7%-2.1%1.6%
1Y250.0%82.7%32.9%

Return vs Industry: FT exceeded the Canadian Metals and Mining industry which returned 83.3% over the past year.

Return vs Market: FT exceeded the Canadian Market which returned 33.7% over the past year.

Price Volatility

Is FT's price volatile compared to industry and market?
FT volatility
FT Average Weekly Movement13.4%
Metals and Mining Industry Average Movement11.7%
Market Average Movement10.2%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market3.9%

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

Volatility Over Time: FT's weekly volatility (13%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988n/aRobin Goadwww.fortuneminerals.com

Fortune Minerals Limited is involved in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company explores for gold, cobalt, bismuth, copper, silver, lead, and zinc deposits. Its primary asset is the NICO gold-cobalt-bismuth-copper project covering an area of 5,140 hectares located in the Northwest Territories and Lamont County consists of 76.78 acres located in Alberta site and facilities.

Fortune Minerals Limited Fundamentals Summary

How do Fortune Minerals's earnings and revenue compare to its market cap?
FT fundamental statistics
Market capCA$137.85m
Earnings (TTM)-CA$5.71m
Revenue (TTM)n/a
0.0x
P/S Ratio
-24.1x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FT income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$5.71m
Earnings-CA$5.71m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.0087
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-143.5%

How did FT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 07:53
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Fortune Minerals Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.