FOMI Stock Overview
Acquires and manages oil and gas minerals and royalties in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Formation Minerals, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.037 |
| 52 Week High | US$0.13 |
| 52 Week Low | US$0.025 |
| Beta | 0 |
| 11 Month Change | -11.90% |
| 3 Month Change | -22.11% |
| 1 Year Change | n/a |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -43.08% |
Recent News & Updates
Recent updates
Shareholder Returns
| FOMI | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -45.6% | 3.2% | 1.6% |
| 1Y | n/a | 1.5% | 30.5% |
Return vs Industry: Insufficient data to determine how FOMI performed against the US Oil and Gas industry.
Return vs Market: Insufficient data to determine how FOMI performed against the US Market.
Price Volatility
| FOMI volatility | |
|---|---|
| FOMI Average Weekly Movement | 72.8% |
| Oil and Gas Industry Average Movement | 5.3% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: FOMI's share price has been volatile over the past 3 months.
Volatility Over Time: Insufficient data to determine FOMI's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 3 | Scott Cox | www.formationminerals.com |
Formation Minerals, Inc. acquires and manages oil and gas minerals and royalties in the United States. It owns producing mineral, royalty, and over-riding royalty interests. The company is based in Jacksboro, Texas.
Formation Minerals, Inc. Fundamentals Summary
| FOMI fundamental statistics | |
|---|---|
| Market cap | US$3.38m |
| Earnings (TTM) | -US$1.68m |
| Revenue (TTM) | US$1.15k |
2,950x
P/S Ratio-2.0x
P/E RatioIs FOMI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FOMI income statement (TTM) | |
|---|---|
| Revenue | US$1.15k |
| Cost of Revenue | US$0 |
| Gross Profit | US$1.15k |
| Other Expenses | US$1.68m |
| Earnings | -US$1.68m |
Last Reported Earnings
Apr 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.018 |
| Gross Margin | 100.00% |
| Net Profit Margin | -146,414.22% |
| Debt/Equity Ratio | -27.6% |
How did FOMI perform over the long term?
See historical performance and comparison