Fortune Minerals (FTMDF) Stock Price, News & Analysis

Company Overview

Fortune Minerals Ltd. is a Canada-based mineral development and exploration company focused on the acquisition, exploration, and development of base and precious metal resources. Founded in 1996, the company has built a diversified portfolio of projects centered on strategic battery and specialty metals. Fortune Minerals is headquartered in Vancouver, British Columbia, with corporate offices in London, England, and field operations across Canada’s Northwest Territories.

The company’s flagship asset is the NICO nickel-cobalt-gold-bismuth deposit near Whati in the Northwest Territories. NICO is an advanced-stage project that has completed extensive metallurgical test work, feasibility studies and environmental assessments. When operational, the mine and concentrator are expected to supply cobalt and bismuth, along with gold and copper, to global markets, targeting industries such as electric vehicle battery manufacturing and specialty metal applications.

In addition to NICO, Fortune Minerals holds exploration-stage properties in Canada and partnerships that aim to advance processing technologies for critical minerals. The company collaborates closely with Indigenous and territorial governments, including the Tłı̨chǫ Government, to support local employment, procurement and environmental stewardship. This community-focused approach underpins its strategy to advance projects responsibly and sustainably.

Fortune Minerals is led by President and CEO Robin Goad, a mining finance and development specialist with more than three decades of industry experience. The management team comprises geologists, engineers and corporate advisors who have overseen multiple project financings and mine developments. Under their guidance, Fortune Minerals continues to pursue strategic partnerships and offtake agreements to position its assets as key suppliers of battery and specialty metals in a transitioning global economy.

Key Stats

• Today's Range: $0.07 to $0.07
• 50-Day Range: $0.04 to $0.08
• 52-Week Range: $0.03 to $0.09
• Volume: 7,501 shs
• Average Volume: 83,229 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

FTMDF Stock Analysis - Frequently Asked Questions

How have FTMDF shares performed this year?

Fortune Minerals' stock was trading at $0.0351 on January 1st, 2025. Since then, FTMDF shares have increased by 97.4% and is now trading at $0.0693.

How do I buy shares of Fortune Minerals?

Shares of FTMDF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• 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