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Sulliden Mng Cap (FMR) AI Stock Analysis

TSE:FMR

Sulliden Mng Cap

(TSX:FMR)

Select Model
Rating:40Underperform
Price Target:CAD 0.15â–¼(-5.16% Downside)
Action:downgraded
Date:11/01/26

The score is primarily weighed down by weak financial performance—no revenue history provided, ongoing operating losses, persistent cash burn, and negative equity—despite a one-year swing to positive net income that is not backed by operating cash flow. Technical indicators also reflect a sustained downtrend with extreme oversold readings. Valuation provides limited support because the negative P/E and missing dividend yield reduce the usefulness of traditional valuation signals.

Positive Factors
Recent Net IncomeThe 2026 swing to positive net income shows the company can produce an accounting profit in at least one recent period. However, this is not yet a dependable operating trend because EBIT, EBITDA, and operating cash flow remained negative.
Negative Factors
No Recorded RevenueThe absence of recorded revenue across the reported annual periods leaves no demonstrated sales engine from which a durable operating model can scale. Combined with recurring EBIT and EBITDA losses, it indicates that sustainable commercial activity and earnings visibility remain major weaknesses.

Sulliden Mng Cap (FMR) vs. iShares MSCI Canada ETF (EWC)

-80%-60%-40%-20%0%20%40%TSE:FMR-60.76%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
CAD 2.72M
Dividend Yield
―
Average Volume (3M)
20.48K
Price to Earnings (P/E)
5.7
Beta (1Y)
0.60
Revenue Growth
―
EPS Growth
―
Country
Canada
Employees
9
Sector
Basic Materials
Sector Strength
61
Industry
Industrial Materials

Sulliden Mng Cap Business Overview & Revenue Model

Company Description

Future Mineral Resources Inc., established in 2014 and headquartered in Toronto, Canada, is an enterprise focused on acquiring and advancing mining projects across multiple continents. The company's global operations encompass the Americas, Australia...

Sulliden Mng Cap Financial Statement Overview

Summary

Financials are very weak: no recorded revenue across the periods provided, persistent operating losses (negative EBIT/EBITDA), and consistently negative operating and free cash flow (e.g., 2026 FCF -918,530). Although 2026 shows positive net income (450,602), it is not supported by operating cash flow and coincides with negative equity (-384,302) and a sharply contracted asset base, indicating elevated financial risk.

Income Statement

18Very Negative

Balance Sheet

22Negative

Cash Flow

12Very Negative
Financial statement breakdown
BreakdownTTMJul 2026Jul 2025Oct 2024Jul 2023Jul 2022
Income Statement
Total Revenue000000
Gross Profit000-151.93K-54.29K-207
EBITDA40.31K-1.06M-2.59M-2.71M-3.74M-1.48M
Net Income250450.60K-2.61M-2.61M-5.68M-12.06M
Balance Sheet
Total Assets1.24M650.98K825.63K2.39M3.47M9.11M
Cash, Cash Equivalents and Short-Term Investments1.17M508.27K716.43K2.04M3.35M8.20M
Total Debt650.21K667.93K266.42K148.98K90.98K200.00K
Total Liabilities1.12M1.04M3.09M2.08M764.26K718.56K
Stockholders Equity127.09K-384.30K-2.26M314.93K2.71M8.39M
Cash Flow
Free Cash Flow-537.05K-918.53K-254.39K-493.73K-1.38M-5.69M
Operating Cash Flow-537.06K-918.53K-254.39K-493.73K-1.38M-5.69M
Investing Cash Flow702.07K792.57K184.78K471.31K1.16M2.25M
Financing Cash Flow333.13K233.13K99.80K43.00K90.00K3.40M

Sulliden Mng Cap Technical Analysis

Technical Analysis SentimentNegative
Last Price0.15

Price Trends

50DMA0.24Negative
100DMA0.27Negative
200DMA0.29Negative

Market Momentum

MACD-0.02Positive
RSI17.52Positive
STOCH1.75Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FMR, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.22, below the 50-day MA of 0.24, and below the 200-day MA of 0.29, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 17.52 is Positive, neither overbought nor oversold. The STOCH value of 1.75 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:FMR.

Sulliden Mng Cap Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

TSE:FMR against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
TSE:CPSTSE:CPS46NeutralCAD 9.26M-3.3275.67%――25.43%
TSE:VLITSE:VLI46NeutralCAD 2.21M-0.58-25.70%――-40.74%
TSE:GCPTSE:GCP44NeutralCAD 1.48M-1.06-79.39%――8.74%
TSE:CELLTSE:CELL42NeutralCAD 1.93M-1.64-28.86%―――
TSE:FMRTSE:FMR40UnderperformCAD 2.72M5.68-343.77%―――

* Basic Materials Sector Average

Performance Comparison

-50%0%50%TSE:FMRTSE:VLITSE:CPSTSE:CELLTSE:GCPDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
TSE:FMR and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:FMRSulliden Mng Cap0.15-0.26-62.65%
TSE:VLIVision Lithium, Inc.0.11-0.19-62.21%
TSE:CPSCanadian Premium Sand0.10-0.03-23.08%
TSE:CELLGrid Battery Metals Inc0.01-0.03-71.43%
TSE:GCPGolcap Resources Corp.0.04-0.13-77.14%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 01, 2026