FOMNF Stock Chart & Stats
$1.11
-$0.01(-0.89%)
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Day’s Range― - ―
52-Week Range$0.51 - $1.46
Previous CloseN/A
VolumeN/A
Average Volume (3M)1.68K
Market Cap
$88.84M
Enterprise Value$71.06
Total Cash (Recent Filing)$14.20M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.82
Next Earnings
Nov 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.07
Shares Outstanding78,200,060
10 Day Avg. Volume1,310
30 Day Avg. Volume1,683
Financial Highlights & Ratios
PEG Ratio-0.11
Price to Book (P/B)4.76
Price to Sales (P/S)0.00
P/FCF Ratio-25.79
Enterprise Value/Market Cap<0.01
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Debt-free Balance SheetEffectively no debt reduces refinancing and interest obligations, giving the early-stage company greater financial flexibility while it advances mineral properties. This conservative capital structure can help preserve funding for exploration and limit balance-sheet stress during periods without operating revenue.
Expanded Equity Funding BaseThe substantially larger equity base indicates that capital raising has strengthened available funding for the exploration program. Although equity financing can dilute existing holders, added capital may extend project advancement capacity and support operations while the company remains pre-revenue.
Precious-metals Exploration FocusA focused exploration model gives Forte Minerals a clear business purpose centered on identifying and advancing precious-metal opportunities. Its activities span mapping, sampling, geophysics, and drilling, creating a defined pathway for testing targets and potentially increasing project value over time.
Bears Say
No Operating RevenueThe absence of revenue means the company has not yet reached a commercial operating stage and cannot currently fund activities through customer sales. Progress therefore depends on exploration outcomes and financing capacity, making the path to self-sustaining operations uncertain over the coming quarters.
Widening Net LossesLosses have expanded materially as the company continues operating without revenue, weakening earnings quality and reducing the contribution of existing capital to shareholder returns. Until exploration produces a revenue-generating asset or transaction, recurring losses can continue consuming resources and pressure future financing.
Persistent Cash BurnIncreasingly negative operating and free cash flow shows that ongoing activities are not self-funded and that cash requirements remain substantial. Continued burn increases reliance on external funding, which may constrain exploration plans or require additional equity issuance before commercial revenue emerges.
Forte Minerals Corp. News
FOMNF FAQ
What was Forte Minerals Corp.’s price range in the past 12 months?
Forte Minerals Corp. lowest stock price was $0.51 and its highest was $1.46 in the past 12 months.
What is Forte Minerals Corp.’s market cap?
Forte Minerals Corp.’s market cap is $88.84M.
When is Forte Minerals Corp.’s upcoming earnings report date?
Forte Minerals Corp.’s upcoming earnings report date is Nov 26, 2026 which is in 72 days.
How were Forte Minerals Corp.’s earnings last quarter?
Forte Minerals Corp. released its earnings results on Aug 28, 2026. The company reported -$0.009 earnings per share for the quarter.
Is Forte Minerals Corp. overvalued?
According to Wall Street analysts Forte Minerals Corp.’s price is currently Undervalued.
Does Forte Minerals Corp. pay dividends?
Forte Minerals Corp. does not currently pay dividends.
What is Forte Minerals Corp.’s EPS estimate?
Forte Minerals Corp.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Forte Minerals Corp. have?
Forte Minerals Corp. has 78,200,060 shares outstanding.
What happened to Forte Minerals Corp.’s price movement after its last earnings report?
Forte Minerals Corp. reported an EPS of -$0.009 in its last earnings report. Following the earnings report the stock price went up 3.518%.
Which hedge fund is a major shareholder of Forte Minerals Corp.?
Currently, no hedge funds are holding shares in FOMNF
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Forte Minerals Corp. Stock Smart Score
Neutral
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
97.50%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
250.23%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Forte Minerals Corp.
Forte Minerals Corp., an exploration company based in Vancouver, Canada, focuses on acquiring, exploring, and developing gold and copper projects across Peru. The company actively seeks deposits of gold, copper, and molybdenum. Its holdings include a 100% interest in the Pucarini project, which features a 1,000-hectare mining concession situated in Peru's Lampa Province, Puno Department. Forte Minerals also fully owns the Esperanza project, consisting of 2518.17 hectares of mineral concessions located in southern Peru. Additionally, it holds an option to acquire a 60% stake in the Don Gregorio project, covering approximately 900 hectares in northern Peru. Incorporated in 2011, the company adopted its current name, Forte Minerals Corp., in April 2021, having previously been known as Forte Copper Corp.
Technical Analysis
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