Fortune Minerals Limited (TSE:FT - Get Free Report)'s share price reached a new 52-week high on Thursday . The stock traded as high as C$0.10 and last traded at C$0.10, with a volume of 33119 shares traded. The stock had previously closed at C$0.09.
Wall Street Analysts Forecast Growth
Separately, Fundamental Research set a C$0.42 price target on shares of Fortune Minerals and gave the stock a "buy" rating in a report on Tuesday, April 22nd.
View Our Latest Stock Report on FT
Fortune Minerals Trading Up 11.1%
The stock has a market cap of C$58.03 million, a PE ratio of -20.29 and a beta of 0.01. The company has a quick ratio of 0.04, a current ratio of 0.39 and a debt-to-equity ratio of -111.61. The stock's fifty day moving average price is C$0.07 and its 200 day moving average price is C$0.06.
About Fortune Minerals
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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.
Further Reading
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