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FOR Stock Chart & Stats
C$0.79
-C$0.02(-3.03%)
At close: 4:00 PM EDT
C$0.79
-C$0.02(-3.03%)
Day’s Range― - ―
52-Week RangeC$0.55 - C$1.17
Previous CloseN/A
Volume16.50K
Average Volume (3M)108.54K
Market Cap
C$60.60M
Enterprise ValueC$37.09
Total Cash (Recent Filing)C$6.67M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.48
Next Earnings
Dec 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding71,291,150
10 Day Avg. Volume107,483
30 Day Avg. Volume108,538
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
Debt-free Balance SheetA debt-free balance sheet reduces interest and refinancing risk, preserving financial flexibility while Fortune Bay advances exploration projects. This gives the company more capacity to direct available capital toward project work rather than debt service.
Growing Equity And Asset BaseThe larger equity and asset base indicates successful access to funding and an expanded platform for mineral exploration. It can support continued project advancement, although future value creation still depends on exploration success.
Reduced Cash Burn From Prior PeakLower cash burn than in 2021–2022 suggests some improvement in spending discipline and extends the potential runway of existing resources. This is a modest positive because the company remains dependent on funding until projects generate value.
Bears Say
No Operating RevenueWithout operating revenue, Fortune Bay has no recurring commercial cash inflow to fund exploration or corporate costs. Its financial progress therefore depends on discoveries, project transactions, partner funding, or additional equity financing.
Persistent And Widening LossesWidening net and operating losses show that the company is not yet converting its capital base into earnings. Continued losses can erode shareholder resources over time and increase reliance on external funding while projects remain pre-commercial.
Negative Operating And Free Cash FlowPersistent negative operating and free cash flow means exploration and corporate activities consume cash rather than fund themselves. Until revenue or partner funding emerges, Fortune Bay may need repeated financing, creating dilution and execution risk.
FOR FAQ
What was Fortune Bay Corp’s price range in the past 12 months?
Fortune Bay Corp lowest stock price was C$0.55 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$60.60M.
When is Fortune Bay Corp’s upcoming earnings report date?
Fortune Bay Corp’s upcoming earnings report date is Dec 02, 2026 which is in 76 days.
How were Fortune Bay Corp’s earnings last quarter?
Fortune Bay Corp released its earnings results on Aug 27, 2026. The company reported -C$0.002 earnings per share for the quarter.
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 71,291,150 shares outstanding.
What happened to Fortune Bay Corp’s price movement after its last earnings report?
Fortune Bay Corp reported an EPS of -C$0.002 in its last earnings report. Following the earnings report the stock price went same 0%.
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
Neutral
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.17%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
36.31%
Trailing 12-Months
Learn more about TipRanks Smart Score
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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Freeman Gold Corp
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Abitibi Metals
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Awale Resources Limited
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Leviathan Gold
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