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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$0.07 - C$0.25
Previous CloseN/A
Volume116.35K
Average Volume (3M)694.35K
Market Cap
C$80.74M
Enterprise ValueC$78.89
Total Cash (Recent Filing)C$1.54M
Total Debt (Recent Filing)C$17.13M
Price to Earnings (P/E)―
Beta1.65
Next Earnings
Aug 17, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding656,408,940
10 Day Avg. Volume1,496,217
30 Day Avg. Volume694,354
Financial Highlights & Ratios
PEG Ratio-0.75
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
Multi-commodity ProjectFortune's NICO project targets multiple payable products (cobalt, bismuth, copper, gold). A multi-commodity output can diversify revenue sources once operational, reducing single-commodity exposure and improving the resilience of long-term project economics versus single-metal developers.
Cobalt Exposure (critical Mineral)Cobalt is identified as a critical mineral with ongoing structural demand from battery supply chains and industrial uses. Having cobalt as a core product aligns the project's potential revenue with a durable end-market trend that supports long-term demand for produced metal.
Modest Debt ReductionThe balance sheet shows slight deleveraging versus 2025, indicating management has achieved some reduction in nominal debt. While modest, this trend can incrementally improve refinancing options and reduce near-term liquidity stress if sustained over coming quarters.
Bears Say
Pre-revenue With Widening LossesThe company remains pre-revenue and reported widening TTM net losses (~$5.7M). Without operating revenue, ongoing losses erode reserves and require external financing to advance the project, creating durable execution and dilution risk until production or material financing is secured.
Negative Equity; Debt > AssetsNegative shareholders' equity and debt materially exceeding assets reflect a stressed capital structure. This reduces financial flexibility, increases refinancing costs and creditor risk, and heightens the likelihood of equity dilution or onerous financing terms to fund development.
Consistent Negative Operating & Free Cash FlowOperating and free cash flow are consistently negative, with TTM OCF ~ -$3.6M and FCF ~ -$7.3M. Persistent cash burn increases dependency on external capital, risks delaying project milestones, and creates ongoing dilution or creditor pressure absent a durable funding solution.
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$0.07 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$80.74M.
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 27 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 656,408,940 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
―
Trailing 12-Months
Asset Growth
121.72%
Trailing 12-Months
Company Description
Fortune Minerals J
Fortune Minerals Limited is a Canadian company focused on discovering and advancing projects for various metals, including specialty, industrial, and precious varieties. The company primarily explores for deposits of gold, cobalt, bismuth, copper, silver, lead, and zinc. Its flagship asset is the NICO gold-cobalt-bismuth-copper project, which encompasses 5,140 hectares in the Northwest Territories. Established in 1988, Fortune Minerals Limited maintains its corporate headquarters in London, Canada.
FT Stock 12 Month Forecast
Average Price Target
C$0.63
▲(530.00% Upside)
Technical Analysis
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