Formation Minerals, Inc. Stock

Equities

FOMI

US81726B1089

Oil & Gas Exploration and Production

Market Closed - OTC Markets 14:14:34 2024-05-31 EDT 5-day change 1st Jan Change
0.0836 USD +4.89% Intraday chart for Formation Minerals, Inc. +22.94% -.--%
Sales 2022 720K 981K Sales 2023 926K 1.26M Capitalization 5.29M 7.21M
Net income 2022 -3M -4.09M Net income 2023 -1M -1.36M EV / Sales 2022 * -
Net cash position 2022 * - 0 Net cash position 2023 * - 0 EV / Sales 2023 * -
P/E ratio 2022 *
-
P/E ratio 2023 *
-
Employees 3
Yield 2022 *
-
Yield 2023 *
-
Free-Float 73.67%
More Fundamentals * Assessed data
Dynamic Chart
An unknown buyer acquired five non-core lower performing assets of Formation Minerals, Inc. for $0.14 million. CI
Formation Minerals, Inc. announced that it has received $0.107 million in funding from 1800 Diagonal Lending, LLC CI
Formation Minerals, Inc. Announces Board Changes CI
Verde Bio Holdings, Inc. completed the acquisition of SensaSure Technologies, Inc. in a reverse merger transaction. CI
Verde Bio Holdings, Inc. has Changed its Name to Formation Minerals, Inc CI
SensaSure Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2024 CI
Sensasure Technologies, Inc. Announces CEO Changes CI
Sensasure Technologies, Inc. Announces Resignation of Clarence Chan as the Chief Financial Officer CI
Sensasure Technologies Inc. Announces Board Changes CI
SensaSure Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2023 CI
Verde Bio Holdings, Inc. entered into an agreement to acquire SensaSure Technologies, Inc. for $4.7 million in a reverse merger transaction. CI
SensaSure Technologies, Inc. Reports Earnings Results for the First Quarter Ended July 31, 2023 CI
SensaSure Technologies, Inc. Reports Earnings Results for the Full Year Ended April 30, 2023 CI
Sensasure Technologies, Inc. Announces Board of Directors Changes CI
Sensasure Technologies, Inc. Announces Chief Executive Officer Changes CI
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Formation Minerals, Inc. is an energy company. The Company is an oil and gas investment asset management firm engaged in the acquisition and development of onshore oil and gas properties within the oil and gas play in the United States. The Company focuses on the acquisition of and exploitation of upstream energy assets, specifically targeting oil and gas mineral interests, oil and gas royalty interests, and select non-operated working interests. The Company holds over 50,000 gross acres of royalty interests with over 300 wells producing across the major basins of the United States (US). The Company has mineral and royalty interests in several properties across seven US states, which include Colorado, Louisiana, Ohio, Oklahoma, Texas, West Virginia, and Wyoming. A total of approximately 412 reserves cases have been identified and evaluated. These include producing, non-producing and undeveloped wells or leases.
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