Fortune Minerals (FT) Stock Price, News & Analysis

Company Overview

Fortune is a Canadian mining and mineral processing company focused on developing the NICO cobalt-gold-bismuth-copper project in the Northwest Territories and Alberta. Fortune also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 km north of the NICO deposit and is a potential future source of incremental feed to extend the life of the NICO concentrator.

Key Stats

• Today's Range: C$0.17 to C$0.18
• 50-Day Range: C$0.10 to C$0.24
• 52-Week Range: C$0.06 to C$0.25
• Volume: 462,078 shs
• Average Volume: 943,647 shs
• Market Capitalization: C$118.15 million
• P/E Ratio: N/A
• Dividend Yield: 211.11%
• Price Target: C$0.63
• Consensus Rating: Buy

Fortune Minerals Stock Analysis - MarketRank™

Fortune Minerals scored higher than 50% 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: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Fortune Minerals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Fortune Minerals has a consensus price target of C$0.63, representing about 250.0% upside from its current price of C$0.18.

Amount of Analyst Coverage

Fortune Minerals has only been the subject of 1 research reports in the past 90 days.

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 -18.00, 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 -18.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FT.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Fortune Minerals is a leading dividend payer. It pays a dividend yield of 4.62%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

News and Social Media

• Score: 2.1 / 5
• News Sentiment: N/A

News Sentiment

Fortune Minerals has a news sentiment score of 0.34. 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 is a lower news sentiment than the 0.55 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Fortune Minerals this week, compared to 0 articles on an average week.

Search Interest

Only 4 people have searched for FT on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Fortune Minerals to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

Company Ownership

• Score: 0.9 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Fortune Minerals insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$202,565.00 in company stock.

Percentage Held by Insiders

5.87% of the stock of Fortune Minerals is held by insiders.

Percentage Held by Institutions

0.31% of the stock of Fortune Minerals is held by institutions.

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$0.63
• High Price Target: C$0.63
• Low Price Target: C$0.63
• Potential Upside/Downside: +250.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.01)
• 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: 52.59%
• Return on Assets: -5.38%

Debt

• Debt-to-Equity Ratio: -157.84
• Current Ratio: 0.15
• 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: -10.00

Miscellaneous

• Outstanding Shares: 656,409,000
• Free Float: N/A
• Market Cap: C$118.15 million
• Optionable: Not Optionable
• Beta: -1.76