Shares of Fortune Minerals Limited (TSE:FT - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.06 and traded as high as C$0.11. Fortune Minerals shares last traded at C$0.10, with a volume of 132,155 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Fundamental Research set a C$0.42 price target on Fortune Minerals and gave the company a "buy" rating in a research note on Tuesday, April 22nd.
Get Our Latest Stock Analysis on FT
Fortune Minerals Price Performance
The business's 50-day moving average price is C$0.07 and its 200 day moving average price is C$0.06. The stock has a market capitalization of C$58.03 million, a PE ratio of -20.29 and a beta of 0.01. The company has a debt-to-equity ratio of -111.61, a quick ratio of 0.04 and a current ratio of 0.39.
Fortune Minerals Company Profile
(
Get Free Report)
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.
Further Reading
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
MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
