Fortune Minerals (FTMDF) Stock Price, News & Analysis

Company Overview

Fortune Minerals Limited is a Canadian mining company focused on developing the NICO cobalt-gold-bismuth-copper critical minerals project in the Northwest Territories. The NICO deposit is located in the Tłı̨chǫ Region, approximately 160 kilometers northwest of Yellowknife, and contains minerals used in batteries, advanced materials, electronics and other industrial applications.

The company’s plans center on mining and processing NICO ore to produce cobalt products, bismuth metal, gold and copper. Fortune Minerals has also pursued the development of a proposed hydrometallurgical refinery in Alberta, which is intended to process NICO mineralized material and produce battery-grade cobalt products and other saleable metals. The company has described NICO as a potential vertically integrated Canadian source of cobalt and other critical minerals.

Fortune Minerals has been advancing the NICO project for several decades through exploration, feasibility work, permitting and efforts to arrange project financing and strategic partnerships. The company is headquartered in London, Ontario. Robin Goad serves as its president and chief executive officer.

Key Stats

• Today's Range: $0.10 to $0.10
• 50-Day Range: $0.08 to $0.11
• 52-Week Range: $0.05 to $0.18
• Volume: 17,445 shs
• Average Volume: 161,352 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Fortune Minerals Stock Analysis - MarketRank™

Fortune Minerals scored higher than 8% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Fortune Minerals.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Fortune Minerals is -0.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Fortune Minerals is -0.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Fortune Minerals has a short interest ratio ("days to cover") of 5.52.

Change versus previous month

Short interest in Fortune Minerals has recently decreased by 5.49%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Fortune Minerals does not currently pay a dividend.

Dividend Growth

Fortune Minerals does not have a long track record of dividend growth.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.41

News Sentiment

Fortune Minerals has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Fortune Minerals this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.2 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Fortune Minerals insiders have not sold or bought any company stock.

Percentage Held by Institutions

20.39% of the stock of Fortune Minerals is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: Diversified Metals & Mining
• Current Symbol: OTCMKTS:FTMDF
• CIK: 1267818
• Web: www.fortuneminerals.com
• Phone: (519) 858-8188
• Fax: N/A
• Employees: 3
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A