Fortune Bay Corp (TSE:FOR)
:FOR
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FOR Stock Chart & Stats
C$0.78
C$0.02(8.89%)
At close: 4:00 PM EST
C$0.78
C$0.02(8.89%)
Day’s Range― - ―
52-Week RangeC$0.50 - C$1.17
Previous CloseN/A
Volume10.00K
Average Volume (3M)61.02K
Market Cap
C$49.70M
Enterprise ValueC$35.02M
Total Cash (Recent Filing)C$6.00M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.89
Next Earnings
Aug 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding68,076,680
10 Day Avg. Volume61,615
30 Day Avg. Volume61,017
Financial Highlights & Ratios
PEG Ratio0.99
Price to Book (P/B)1.28
Price to Sales (P/S)0.00
P/FCF Ratio-27.03
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
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
Very Low Financial LeverageThe company carries essentially no debt, materially reducing solvency and interest-rate risk. For an exploration-stage miner, low leverage preserves flexibility to time equity raises or JV deals and limits near-term default risk, supporting operations over the next 2-6 months.
Strong Equity Cushion Vs AssetsEquity represents a large share of the balance sheet, providing a substantial liquidity and capitalization buffer. This sizable equity base supports funding exploration programs, absorbs volatility in asset revaluations, and reduces immediate funding stress for several months.
Clear Exploration-focused Business ModelThe firm’s explicit focus on acquiring and advancing exploration-stage gold and other targets creates a repeatable asset-development model. This specialization enables staged capital deployment, potential partner/JV economics, and long-term optionality from resource discovery or asset monetization.
Bears Say
No Revenue, Recurring Net LossesThe company reports no operating revenue and sustained net losses, meaning it cannot self-fund exploration or G&A from sales. Persistent unprofitability forces dependence on external capital, increases dilution risk, and constrains long-term ability to transition to a selfsustaining operation.
Consistent Negative Operating And Free Cash FlowOperating and free cash flow are consistently negative, reflecting ongoing cash burn to fund exploration. That persistent outflow shortens runway absent financings, raises the probability of dilutive capital raises, and limits ability to accelerate or scale project work without external funding.
Negative Returns On EquityA negative ROE indicates the company is not creating shareholder value from its equity base. Over time this undermines investor confidence and can increase the cost or reduce availability of capital, complicating efforts to fund exploration and advance projects toward value realization.
FOR FAQ
What was Fortune Bay Corp’s price range in the past 12 months?
Fortune Bay Corp lowest stock price was C$0.49 and its highest was C$1.17 in the past 12 months.
What is Fortune Bay Corp’s market cap?
Fortune Bay Corp’s market cap is C$49.70M.
When is Fortune Bay Corp’s upcoming earnings report date?
Fortune Bay Corp’s upcoming earnings report date is Aug 26, 2026 which is in 79 days.
How were Fortune Bay Corp’s earnings last quarter?
Currently, no data Available
Is Fortune Bay Corp overvalued?
According to Wall Street analysts Fortune Bay Corp’s price is currently Overvalued.
Does Fortune Bay Corp pay dividends?
Fortune Bay Corp does not currently pay dividends.
What is Fortune Bay Corp’s EPS estimate?
Fortune Bay Corp’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Fortune Bay Corp have?
Fortune Bay Corp has 68,076,680 shares outstanding.
What happened to Fortune Bay Corp’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Fortune Bay Corp?
Currently, no hedge funds are holding shares in TSE:FOR
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
Fortune Bay Stock Smart Score
Underperform
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
350.00%
12-Months-Change
Fundamentals
Return on Equity
-6.54%
Trailing 12-Months
Asset Growth
36.94%
Trailing 12-Months
Company Description
Fortune Bay Corp
Fortune Bay Corp. acquires, explores for, and develops mineral properties. It primarily explores for gold deposits. The company holds a 100% interest in the Goldfields project comprises 12 mineral dispositions covering an area of approximately 5,000 hectares located in northern Saskatchewan, Canada; the Strike Uranium project that comprises four mineral dispositions covering an area of approximately 10,000 hectares located near Uranium City, northern Saskatchewan, Canada; the Murmac Uranium project, which consists of 10 mineral claims covering an area of approximately 5,300 hectares located in northern Saskatchewan, Canada; and the Ixhuatán project that consists of the 4,176 hectares of Rio Negro concession located in northern Chiapas State, Mexico. It also owns 2% net smelter royalty in the Huizopa project located in the Sierra Madres in Chihuahua, Mexico. The company is headquartered in Halifax, Canada.
Technical Analysis
Galleon Gold
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Abitibi Metals
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Awale Resources Limited
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Leviathan Gold
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Options Prices
Currently, No data available
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