| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Formation Minerals, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.068 |
| 52 Week High | US$0.13 |
| 52 Week Low | US$0.025 |
| Beta | 0 |
| 1 Month Change | 92.42% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 4.62% |
Recent News & Updates
Recent updates
Shareholder Returns
| FOMI | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -12.8% | -2.0% | 1.2% |
| 1Y | n/a | 10.2% | 20.6% |
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 | n/a |
| Oil and Gas Industry Average Movement | 4.7% |
| Market Average Movement | 5.8% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.9% |
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 |
|---|---|---|---|
| 2010 | 3 | Scott Cox | www.verdebh.com |
Formation Minerals, Inc. engages in the oil and gas exploration and investment business. It has mineral and royalty interests in various properties. The company was formerly known as Verde Bio Holdings, Inc. and changed its name to Formation Minerals, Inc. Formation Minerals, Inc. was incorporated in 2010 and is based in Frisco, Texas.
Formation Minerals, Inc. Fundamentals Summary
| FOMI fundamental statistics | |
|---|---|
| Market cap | US$3.86m |
| Earnings (TTM) | -US$2.66m |
| Revenue (TTM) | US$342.70k |
12.6x
P/S Ratio-1.6x
P/E RatioIs FOMI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FOMI income statement (TTM) | |
|---|---|
| Revenue | US$342.70k |
| Cost of Revenue | US$249.99k |
| Gross Profit | US$92.71k |
| Other Expenses | US$2.75m |
| Earnings | -US$2.66m |
Last Reported Earnings
Jan 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.042 |
| Gross Margin | 27.05% |
| Net Profit Margin | -776.13% |
| Debt/Equity Ratio | 51.0% |
How did FOMI perform over the long term?
See historical performance and comparison