Fortune Minerals (FT) Stock Price, News & Analysis

Company Overview

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. The company holds interest in Sue-Dianne and Salkeld Lake Property located in the Northwest Territories. Fortune Minerals Limited was incorporated in 1988 and is headquartered in London, Canada.

Key Stats

• Today's Range: C$0.05 to C$0.05
• 50-Day Range: C$0.05 to C$0.06
• 52-Week Range: C$0.03 to C$0.13
• Volume: 65,000 shs
• Average Volume: 399,393 shs
• Market Capitalization: C$22.81 million
• P/E Ratio: N/A
• Dividend Yield: 844.44%
• Price Target: C$0.35
• Consensus Rating: Buy

FT Stock Analysis - Frequently Asked Questions

How have FT shares performed this year?

Fortune Minerals' stock was trading at C$0.04 at the beginning of 2024. Since then, FT shares have increased by 12.5% and is now trading at C$0.05.
View the best growth stocks for 2024 here.

How do I buy shares of Fortune Minerals?

Shares of FT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Fortune Minerals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Fortune Minerals investors own include Aurora Cannabis (ACB), Denison Mines (DML), Great Panther Mining (GPR), Cenovus Energy (CVE), IsoEnergy (ISO), American Lithium (LI) and Whitecap Resources (WCP).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: Financial Services
• Current Symbol: TSE:FT
• CUSIP: N/A
• CIK: N/A
• Web: www.fortuneminerals.com
• Phone: +1-519-8588188
• Fax: N/A
• Employees: 3
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$0.35
• High Stock Price Target: C$0.35
• Low Stock Price Target: C$0.35
• Potential Upside/Downside: +677.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.01)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-3,200,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -23.08%
• Return on Assets: -5.38%

Debt

• Debt-to-Equity Ratio: 24.90
• Current Ratio: 0.05
• Quick Ratio: 0.04

Sales & Book Value

• Annual Sales: C$60.00
• Price / Sales: 380,182.50
• Cash Flow: C$0.00 per share
• Price / Cash Flow: 70.00
• Book Value: C($0.02) per share
• Price / Book: -2.25

Miscellaneous

• Outstanding Shares: 506,910,000
• Free Float: N/A
• Market Cap: C$22.81 million
• Optionable: Not Optionable
• Beta: 0.01