Fortune Minerals Limited (TSE:FT - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The stock traded as high as C$0.10 and last traded at C$0.10, with a volume of 33119 shares changing hands. The stock had previously closed at C$0.09.
Wall Street Analysts Forecast Growth
Separately, Fundamental Research set a C$0.42 price objective on Fortune Minerals and gave the stock a "buy" rating in a report on Tuesday, April 22nd.
Get Our Latest Stock Analysis on FT
Fortune Minerals Price Performance
The stock has a market capitalization of C$60.93 million, a PE ratio of -21.30 and a beta of 0.01. The firm's fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.06. The company has a quick ratio of 0.04, a current ratio of 0.39 and a debt-to-equity ratio of -111.61.
About Fortune Minerals
(
Get Free Report)
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.
See Also
Before you consider Fortune Minerals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fortune Minerals wasn't on the list.
While Fortune Minerals currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
