Fortune Minerals Limited is involved in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company explores for gold, cobalt, bismuth, copper, silver, lead, and zinc deposits. Its primary asset is the NICO gold-cobalt-bismuth-copper project covering an area of 5,140 hectares located in the Northwest Territories and Lamont County consists of 76.78 acres located in Alberta site and facilities. The company also holds 100% interest in Sue-Dianne covering an area of 451 hectares; and Salkeld Lake Property that covers an area of 116 hectares located in the Northwest Territories. Fortune Minerals Limited was incorporated in 1988 and is headquartered in London, Canada.
Research context
Fortune Minerals Limited appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
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5 years, 6 months ago
Fortune Minerals Limited is currently in a long term uptrend where the price is trading 10.8% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Fortune Minerals Limited's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 210.7% to $-182K since the same quarter in the previous year.
Finally, its free cash flow grew by 77.5% to $-703K since the same quarter in the previous year.
Based on the above factors, Fortune Minerals Limited gets an overall score of 3/5.