Fortune Minerals (FT) Stock Price, News & Analysis

Company Overview

Fortune Minerals Ltd is a Canadian mining and mine development company focused on developing the NICO Cobalt-Gold-Bismuth Copper Project in the Northwest Territories. The company plans to build a hydrometallurgical plant in southern Canada to process NICO metal concentrates. It also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life.

Key Stats

• Today's Range: C$0.07 to C$0.08
• 50-Day Range: C$0.07 to C$0.11
• 52-Week Range: C$0.04 to C$0.12
• Volume: 231,975 shs
• Average Volume: 398,870 shs
• Market Capitalization: C$41.97 million
• P/E Ratio: N/A
• Dividend Yield: 506.67%
• Price Target: C$0.42
• Consensus Rating: Buy

FT Stock Analysis - Frequently Asked Questions

How have FT shares performed this year?

Fortune Minerals' stock was trading at C$0.05 at the beginning of the year. Since then, FT shares have increased by 66.7% and is now trading at C$0.08.

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.

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
• 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 Price Target for Fortune Minerals: C$0.42
• High Price Target: C$0.42
• Low Price Target: C$0.42
• Potential Upside/Downside: +460.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.02)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$3.22 million
• Net Margins: -13,690.93%
• Pretax Margin: N/A
• Return on Equity: 30.09%
• Return on Assets: -5.38%

Debt

• Debt-to-Equity Ratio: -111.61
• Current Ratio: 0.39
• Quick Ratio: 0.04

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.00 per share
• Price / Cash Flow: 70.00
• Book Value: C($0.02) per share
• Price / Book: -3.83

Miscellaneous

• Outstanding Shares: 559,640,000
• Free Float: N/A
• Market Cap: C$41.97 million
• Optionable: Not Optionable
• Beta: -0.88