Fortune Minerals Limited

TSX:FT Stock Report

Market Cap: CA$103.4m

Fortune Minerals Management

Management criteria checks 2/4

Fortune Minerals' CEO is Robin Goad, appointed in Jan 1988, has a tenure of 38.5 years. total yearly compensation is CA$445.57K, comprised of 61.2% salary and 38.8% bonuses, including company stock and options. directly owns 1.56% of the company’s shares, worth CA$1.61M. The average tenure of the management team and the board of directors is 9.2 years and 11.6 years respectively.

Key information

Robin Goad

Chief executive officer

CA$445.6k

Total compensation

CEO salary percentage61.20%
CEO tenure38.5yrs
CEO ownership1.6%
Management average tenure9.2yrs
Board average tenure11.6yrs

Recent management 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...

CEO Compensation Analysis

How has Robin Goad's remuneration changed compared to Fortune Minerals's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-CA$6m

Dec 31 2025CA$446kCA$273k

-CA$5m

Sep 30 2025n/an/a

-CA$5m

Jun 30 2025n/an/a

-CA$5m

Mar 31 2025n/an/a

-CA$4m

Dec 31 2024CA$309kCA$302k

-CA$4m

Sep 30 2024n/an/a

-CA$3m

Jun 30 2024n/an/a

-CA$3m

Mar 31 2024n/an/a

-CA$3m

Dec 31 2023CA$334kCA$250k

-CA$3m

Sep 30 2023n/an/a

-CA$3m

Jun 30 2023n/an/a

-CA$3m

Mar 31 2023n/an/a

-CA$3m

Dec 31 2022CA$433kCA$255k

-CA$3m

Sep 30 2022n/an/a

-CA$2m

Jun 30 2022n/an/a

-CA$562k

Mar 31 2022n/an/a

CA$2m

Dec 31 2021CA$331kCA$247k

-CA$2m

Sep 30 2021n/an/a

-CA$2m

Jun 30 2021n/an/a

-CA$3m

Mar 31 2021n/an/a

-CA$5m

Dec 31 2020CA$304kCA$296k

-CA$2m

Sep 30 2020n/an/a

-CA$82k

Jun 30 2020n/an/a

CA$263k

Mar 31 2020n/an/a

CA$253k

Dec 31 2019CA$357kCA$349k

-CA$3m

Compensation vs Market: Robin's total compensation ($USD313.75K) is above average for companies of similar size in the Canadian market ($USD152.57K).

Compensation vs Earnings: Robin's compensation has increased whilst the company is unprofitable.


CEO

Robin Goad (68 yo)

38.5yrs
Tenure
CA$445,574
Compensation

Mr. Robin Ellis Goad, M.Sc., P.Geo., Co-founded Fortune Minerals Limited in 1988 and serves as its Chief Executive Officer and President. Mr. Goad oversees three mining and refinery projects undergoing env...


Leadership Team

NamePositionTenureCompensationOwnership
Robin Goad
Co-Founder38.5yrsCA$445.57k1.56%
CA$ 1.6m
Patricia Penney
Interim Chief Financial Officer6.1yrsCA$237.38k0.099%
CA$ 102.4k
Glen Koropchuk
Technical Director & Independent Director9.2yrsCA$48.20k0.015%
CA$ 15.7k
Troy Nazarewicz
Investor Relations Manager15.1yrsno datano data
Alex Mezei
Chief Metallurgist2.5yrsno datano data
David Knight
Corporate Secretaryno datano data0.016%
CA$ 16.8k
9.2yrs
Average Tenure
68yo
Average Age

Experienced Management: FT's management team is seasoned and experienced (9.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robin Goad
Co-Founder37.8yrsCA$445.57k1.56%
CA$ 1.6m
Glen Koropchuk
Technical Director & Independent Director9.8yrsCA$48.20k0.015%
CA$ 15.7k
Mahendra Naik
Independent Chairman of the Board20.3yrsCA$129.03k0.83%
CA$ 857.0k
Edward Yurkowski
Independent Director13yrsCA$60.25k1.74%
CA$ 1.8m
John McVey
Independent Director8.1yrsCA$60.25k0.23%
CA$ 240.2k
David Ramsay
Independent Director10.3yrsCA$48.20k0.16%
CA$ 166.0k
11.6yrs
Average Tenure
67.5yo
Average Age

Experienced Board: FT's board of directors are seasoned and experienced ( 11.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 09:13
End of Day Share Price 2026/07/03 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

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Industry and Sector Metrics

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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.