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Fortune Minerals TSX:FT Stock Report

Last Price

CA$0.045

Market Cap

CA$23.0m

7D

-10.0%

1Y

12.5%

Updated

26 Dec, 2024

Data

Company Financials

FT Stock Overview

Engages 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 Health0/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Fortune Minerals Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Fortune Minerals
Historical stock prices
Current Share PriceCA$0.045
52 Week HighCA$0.13
52 Week LowCA$0.025
Beta-0.020
1 Month Change-10.00%
3 Month Change-10.00%
1 Year Change12.50%
3 Year Change-66.67%
5 Year Change-43.75%
Change since IPO-99.43%

Recent News & Updates

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

Dec 21
Would Fortune Minerals (TSE:FT) Be Better Off With Less Debt?

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

Sep 07
Fortune Minerals (TSE:FT) Is Making Moderate Use Of Debt

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

May 25
Here's Why Fortune Minerals (TSE:FT) Can Afford Some Debt

Recent updates

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

Dec 21
Would Fortune Minerals (TSE:FT) Be Better Off With Less Debt?

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

Sep 07
Fortune Minerals (TSE:FT) Is Making Moderate Use Of Debt

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

May 25
Here's Why Fortune Minerals (TSE:FT) Can Afford Some Debt

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

Nov 29
Would Fortune Minerals (TSE:FT) Be Better Off With Less Debt?

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

May 05
Is Fortune Minerals (TSE:FT) Using Too Much Debt?

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

Sep 02
Here's Why Fortune Minerals (TSE:FT) Can Afford Some Debt

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

Mar 31
Fortune Minerals (TSE:FT) Is Making Moderate Use Of Debt

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

Nov 19
We Think Fortune Minerals (TSE:FT) Has A Fair Chunk Of Debt

Shareholder Returns

FTCA Metals and MiningCA Market
7D-10.0%2.5%1.7%
1Y12.5%18.8%16.1%

Return vs Industry: FT underperformed the Canadian Metals and Mining industry which returned 17.8% over the past year.

Return vs Market: FT underperformed the Canadian Market which returned 16.3% over the past year.

Price Volatility

Is FT's price volatile compared to industry and market?
FT volatility
FT Average Weekly Movement14.3%
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market3.0%

Stable Share Price: FT's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: FT's weekly volatility has decreased from 21% to 14% over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
19883Robin Goadwww.fortuneminerals.com

Fortune Minerals Limited engages 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.

Fortune Minerals Limited Fundamentals Summary

How do Fortune Minerals's earnings and revenue compare to its market cap?
FT fundamental statistics
Market capCA$23.02m
Earnings (TTM)-CA$2.52m
Revenue (TTM)n/a

0.0x

P/S Ratio

-9.1x

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$2.52m
Earnings-CA$2.52m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0049
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-109.8%

How did FT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 02:35
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Fortune Minerals Limited is covered by 2 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.

AnalystInstitution
Rodney CooperEight Capital
Hendrik VisagieOctagon Capital Corporation