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FOR Stock Chart & Stats
C$0.66
-C$0.02(-3.03%)
At close: 4:00 PM EDT
C$0.66
-C$0.02(-3.03%)
Day’s Range― - ―
52-Week RangeC$0.52 - C$1.17
Previous CloseN/A
Volume16.50K
Average Volume (3M)61.02K
Market Cap
C$44.04M
Enterprise ValueC$34.85
Total Cash (Recent Filing)C$6.00M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.78
Next Earnings
Aug 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding69,899,185
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
Low Financial Leverage (near-zero Debt)Essentially zero debt materially reduces solvency and fixed-payment risk, extending the company's operational runway and preserving optionality. For an exploration firm this lowers bankruptcy and interest-service risk, making it easier to pursue deals or raise capital on less onerous terms over months.
Sizeable Equity Relative To AssetsA large equity cushion versus assets provides liquidity and balance-sheet flexibility to fund continued exploration and absorb write-downs. This strengthens counterparties' confidence for option/earn-in deals and reduces immediate pressure to secure high-cost secured debt over the medium term.
Exploration Monetization And Partnership OptionalityThe business model offers multiple durable routes to realize project value—earn-ins, JV/option deals, project sales or retained royalties—enabling value capture without needing to build a mine. This strategic flexibility supports long-term project advancement even if near-term cash generation is limited.
Bears Say
No Revenue; Persistent Net LossesLack of operating revenue and recurring net losses mean the firm cannot self-fund exploration from operations. Over months this constrains strategic choices, erodes equity if losses persist, and leaves value creation dependent on asset transactions rather than internal cash generation.
Consistent Negative Operating And Free Cash FlowPersistent negative operating and free cash flow create ongoing cash burn that requires external financing. Over a multi-month horizon this increases the likelihood of equity raises or dilutive partner deals, constraining negotiation leverage and potentially forcing concessions on value extraction from projects.
Negative Returns On Equity; Dilution PressureNegative ROE indicates capital is not producing returns and highlights shareholder dilution risk if management issues equity to fund activities. Over time this can raise the cost of capital, reduce investor appetite, and limit the company's ability to fund larger exploration programs on favorable terms.
FOR FAQ
What was Fortune Bay Corp’s price range in the past 12 months?
Fortune Bay Corp lowest stock price was C$0.52 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$44.04M.
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 25 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 69,899,185 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
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
350.00%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
36.94%
Trailing 12-Months
Company Description
Fortune Bay Corp
Fortune Bay Corp. is an enterprise engaged in the acquisition, exploration, and development of mineral properties, with a primary focus on uncovering gold deposits. The company boasts a diverse portfolio of wholly-owned assets. These include the Goldfields project, spanning approximately 5,000 hectares across 12 mineral dispositions in northern Saskatchewan, Canada. Also in northern Saskatchewan, they control two uranium ventures: the Strike Uranium project, encompassing roughly 10,000 hectares over four mineral dispositions near Uranium City, and the Murmac Uranium project, comprising about 5,300 hectares across 10 mineral claims. Internationally, Fortune Bay operates the Ixhuatán project in northern Chiapas State, Mexico, which features the 4,176-hectare Rio Negro concession. In addition to these projects, the company holds a 2% net smelter royalty interest in the Huizopa project, situated within the Sierra Madres of Chihuahua, Mexico. Headquartered in Halifax, Canada, Fortune Bay Corp. manages its operations from this location.
Technical Analysis
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Awale Resources Limited
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Leviathan Gold
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