Fortune Bay Corp (TSE:FOR)
:FOR
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FOR Stock Chart & Stats
C$0.78
C$0.02(8.89%)
At close: 4:00 PM EST
C$0.78
C$0.02(8.89%)
Day’s Range― - ―
52-Week RangeC$0.50 - C$1.17
Previous CloseN/A
Volume10.00K
Average Volume (3M)61.02K
Market Cap
C$42.21M
Enterprise ValueC$35.02M
Total Cash (Recent Filing)C$6.00M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.91
Next Earnings
Aug 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding68,076,680
10 Day Avg. Volume61,615
30 Day Avg. Volume61,017
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
Low Leverage / Strong SolvencyThe near-zero debt and large equity base materially reduce solvency and interest-rate risk over the medium term. This balance-sheet strength gives management flexibility to fund exploration or withstand drilling cycles without immediate refinancing pressure, supporting project continuity.
Focused Exploration Business ModelA clear, specialist exploration mandate aligns resource deployment with discovery-driven value creation. Over 2–6 months, this focused model concentrates capital on advancing prospects, preserves management expertise, and maintains optionality to realize significant upside from a successful drill result.
Signs Of Cash-flow ImprovementIntermittent FCF improvement signals some progress in cost control or capital allocation. If sustained, these operational improvements can extend runway, reduce reliance on dilutive financing, and enable more disciplined funding of exploration into the medium term.
Bears Say
Pre-revenue OperationsOperating without revenue means business economics are unproven and value depends on exploration success. Over months, this creates structural funding dependency and elevates execution risk: until a producing asset exists, profitability and self-funding remain unlikely.
Persistent Cash BurnConsistent negative operating and free cash flow erodes reserves and forces recurrent capital raises. This structural cash burn increases dilution risk, constrains long-term project funding without external financing, and can limit the pace of exploration advancement.
Negative Returns On EquityA negative ROE indicates management has not yet converted capital into shareholder value. Persisting at this level risks investor appetite and may raise financing costs, making it harder to secure non-dilutive funding and slowing long-term growth potential.
FOR FAQ
What was Fortune Bay Corp’s price range in the past 12 months?
Fortune Bay Corp lowest stock price was C$0.49 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$42.21M.
When is Fortune Bay Corp’s upcoming earnings report date?
Fortune Bay Corp’s upcoming earnings report date is Aug 26, 2026 which is in 75 days.
How were Fortune Bay Corp’s earnings last quarter?
Currently, no data Available
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 68,076,680 shares outstanding.
What happened to Fortune Bay Corp’s price movement after its last earnings report?
Currently, no data Available
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
Underperform
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
350.00%
12-Months-Change
Fundamentals
Return on Equity
-6.54%
Trailing 12-Months
Asset Growth
36.94%
Trailing 12-Months
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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Leviathan Gold
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Options Prices
Currently, No data available
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