Valuation: Fortune Minerals Limited

Market Cap 79.54M 55.77M 49.6M 46.2M 42.15M 5.38B 80.28M 560M 217M 2.74B 210M 205M 8.8B P/E 2024
-6.29x
P/E 2025 -10.3x
Enterprise Value 92.65M 64.97M 57.77M 53.82M 49.09M 6.26B 93.51M 652M 253M 3.19B 244M 239M 10.25B EV / Sales 2024
-
EV / Sales 2025 -
Free-Float
93.8%
Yield 2024 *
-
Yield 2025 -
09-18 Fortune Minerals Gets Northwest Territories Water License and Land Use Permit Renewals For NICO Mine MT
09-18 Fortune Minerals Receives Northwest Territories Water Licence and Land Use Permit Renewals for Nico Mine CI
08-14 Fortune Minerals Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
06-26 Fortune Minerals Limited Receives Conditional Approval for Up to $50 Million Funding from Government of Canada for Nico Project Access Road Construction CI
05-15 Fortune Minerals Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
05-14 Fortune Minerals Limited Receives Water Licence and Land Use Permit for Nico Project Access Road CI
05-01 Fortune Minerals to raise C$10 mln & retire C$11.84 mln maturing debts RE
04-30 Fortune Minerals Limited announced that it expects to receive CAD 10 million in funding from The Lind Partners, LLC CI
04-29 Fortune Minerals pursuing government funding opportunities for NICO project development RE
04-29 Fortune Minerals Seeking Govt Funding For NICO Project Development; Jumped 25% to Near 52 Week Highs on Tuesday MT
04-29 Fortune and the Tlicho Government Are Forming A Joint Venture for the Development of an Access Road to the Company?s Nico Cobalt-Gold-Bismuth-Copper Mine and Concentrator in the Northwest Territories CI
04-08 Fortune Minerals Reaches Process Waste Disposal Agreement With SECURE for Its Planned Alberta Refinery MT
04-08 Fortune Minerals Alberta Inc. and Secure Waste Infrastructure Corp. Sign Process Waste Disposal Agreement CI
1 day-4.17%
1 week-14.81%
1 month-20.69%
3 months-26.98%
6 months+4.55%
Current year+35.29%
1 week 0.12
Extreme 0.115
0.12
1 month 0.12
Extreme 0.115
0.15
Current year 0.08
Extreme 0.085
0.25
1 year 0.08
Extreme 0.08
0.25
3 years 0.02
Extreme 0.025
0.25
5 years 0.02
Extreme 0.025
0.25
10 years 0.02
Extreme 0.025
0.38
Manager TitleAgeSince
Chief Executive Officer 68 1988-12-31
Director of Finance/CFO - 2016-09-05
Director of Finance/CFO - 2020-05-31
Director TitleAgeSince
Director/Board Member 68 1988-12-31
Chairman 67 2012-04-18
Director/Board Member 79 2013-07-24
Date Insider Type Main position Quantity % Market Cap. Importance
8/23/26 Option

Director

800,000 0.1194%
8/21/26 Buy

Chairman

2,200,000 0.3352%
8/20/26 Buy

Chairman

2,200,000 0.3352%
Change 5-day change 1-year change 3-year change Capi.($)
-4.17%-14.81%+27.78%+187.50% 55.8M
+0.98%+3.51%+47.73%+42.53% 216B
+1.47%-0.45%+43.09%+40.14% 160B
+3.71%+3.60%+45.51%+192.71% 100B
+2.95%+0.05%+61.46%+23.86% 87.17B
+3.28%+3.03%-3.23%+62.45% 63.02B
+2.97%+1.36%+45.65%+67.25% 58.08B
+5.34%+4.61%+62.15%+80.57% 33.64B
+0.60%-6.71%+16.51%+402.24% 26.28B
-1.49%-5.33%+13.26%+80.77% 24.48B
Average +1.58%-1.68%+35.99%+118.00% 76.88B
Weighted average by Cap. +2.14%+0.52%+42.17%+78.18%

Financials

2024 2025
Net sales - -
Net income -3.61M -2.53M -2.25M -2.1M -1.91M -244M -3.64M -25.38M -9.84M -124M -9.5M -9.3M -399M -4.52M -3.17M -2.82M -2.63M -2.4M -306M -4.57M -31.83M -12.35M -156M -11.92M -11.66M -501M
Net Debt 8.86M 6.21M 5.52M 5.14M 4.69M 599M 8.94M 62.3M 24.16M 305M 23.33M 22.82M 980M 13.11M 9.19M 8.17M 7.61M 6.95M 886M 13.23M 92.22M 35.77M 452M 34.53M 33.78M 1.45B
Logo Fortune Minerals Limited
Fortune Minerals Limited is a mining company. It is engaged in the exploration and development of mineral properties in Canada. It is focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories and Alberta that produces a bulk concentrate for shipment to a refinery that it plans to construct in southern Canada. It also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 kilometers (km) north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator. It also maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia. It also has a 100% interest in these 116 hectares of property south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has a 1% net smelter royalty covering 78 hectares of land positioned in a former silver mining district, located south of the Eldorado mining district at Great Bear Lake.
Employees
3
Date Price Change Volume
26-10-02 $0.1150 -4.17% 143,715
26-10-01 $0.1200 +4.35% 291,064
26-09-30 $0.1150 0.00% 405,623
26-09-29 $0.1150 -8.00% 923,141
26-09-28 $0.1250 -7.41% 113,664
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
0.1150CAD
Average target price
0.6300CAD
Spread / Average Target
+447.83%