Fortune Minerals J (TSE:FT)
TSX:FT
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FT Stock Chart & Stats
C$0.10
<C$0.01(10.00%)
At close: 4:00 PM EST
C$0.10
<C$0.01(10.00%)
Day’s Range― - ―
52-Week RangeC$0.06 - C$0.25
Previous CloseN/A
Volume116.35K
Average Volume (3M)694.35K
Market Cap
C$126.33M
Enterprise ValueC$134.94M
Total Cash (Recent Filing)C$1.54M
Total Debt (Recent Filing)C$17.13M
Price to Earnings (P/E)―
Beta1.44
Next Earnings
Aug 17, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding647,860,800
10 Day Avg. Volume1,496,217
30 Day Avg. Volume694,354
Financial Highlights & Ratios
PEG Ratio-0.74
Price to Book (P/B)-4.65
Price to Sales (P/S)0.00
P/FCF Ratio-6.62
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$0.63Price Target Upside530.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strategic Asset FocusFortune’s clear strategic focus on the NICO cobalt-gold-bismuth-copper project and a downstream refinery creates durable project optionality. Successful permitting and downstream integration would capture more value across the supply chain and align the firm with long-term battery/metals demand trends.
Project Development ModelA development-stage business model concentrates resources on de-risking assets (permitting, feasibility, financing). When executed, this long-term approach can unlock step-change value, attract strategic partners, and allow targeted capital raises tied to discrete milestones rather than continuous operating exposure.
Modest Debt Reduction TrendA reduction in total debt versus the prior period, while modest, indicates some deleveraging progress. Sustained debt decline improves refinancing prospects and reduces short-term liquidity strain, providing incremental runway while the company pursues project permitting and financing milestones.
Bears Say
Pre-revenue OperationsBeing pre-revenue means the firm lacks operating cash generation and must rely on external funding to advance projects. This structural position increases financing and dilution risk, constrains the ability to self-fund development milestones, and lengthens time to sustainable profitability.
Persistent Negative Cash FlowConsistent operating and free cash outflows reflect ongoing burn to sustain development activities. Over the medium term this heightens dependence on capital markets or partners, raises dilution risk for shareholders, and can force scaling back projects if financing conditions tighten.
Negative Equity And High LeverageNegative shareholders’ equity and debt materially exceeding assets indicate a strained capital structure. This reduces financial flexibility, increases refinancing and covenant risk, and elevates the probability that future capital raises are dilutive or require onerous terms, impacting long-term viability.
Fortune Minerals News
FT FAQ
What was Fortune Minerals J’s price range in the past 12 months?
Fortune Minerals J lowest stock price was C$0.06 and its highest was C$0.25 in the past 12 months.
What is Fortune Minerals J’s market cap?
Fortune Minerals J’s market cap is C$126.33M.
When is Fortune Minerals J’s upcoming earnings report date?
Fortune Minerals J’s upcoming earnings report date is Aug 17, 2026 which is in 73 days.
How were Fortune Minerals J’s earnings last quarter?
Currently, no data Available
Is Fortune Minerals J overvalued?
According to Wall Street analysts Fortune Minerals J’s price is currently Undervalued.
Does Fortune Minerals J pay dividends?
Fortune Minerals J does not currently pay dividends.
What is Fortune Minerals J’s EPS estimate?
Fortune Minerals J’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Fortune Minerals J have?
Fortune Minerals J has 647,860,800 shares outstanding.
What happened to Fortune Minerals J’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Fortune Minerals J?
Currently, no hedge funds are holding shares in TSE:FT
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 Minerals Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$0.63 (530.00% Upside)
C$0.63 (530.00% Upside)
Insider Transactions
Sold Shares
Worth C$201.3K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
81.81%
12-Months-Change
Fundamentals
Return on Equity
52.59%
Trailing 12-Months
Asset Growth
121.72%
Trailing 12-Months
Company Description
Fortune Minerals J
Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company primarily explores for gold, cobalt, bismuth, copper, silver, lead, and zinc deposits. Its primary asset is the NICO gold-cobalt-bismuth-copper project covering an area of 5,140 hectares located in the Northwest Territories. The company was incorporated in 1988 and is headquartered in London, Canada.
FT Stock 12 Month Forecast
Average Price Target
C$0.63
▲(530.00% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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