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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$44.74M
Enterprise ValueC$40.47M
Total Cash (Recent Filing)C$6.00M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.63
Next Earnings
Aug 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding69,899,185
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 LeverageThe company’s near-zero debt and meaningful equity base reduce solvency and liquidity risk for an exploration junior. Over the next 2–6 months this structural balance-sheet strength sustains optionality to fund programs via equity or JV arrangements without immediate distress.
Exploration UpsideFortune Bay’s business model targets asset creation through exploration rather than operating mines. This discovery-driven model offers binary upside: successful drilling or farm-outs can materially re-rate fundamentals, and the company can partner or JV to advance projects while limiting capex commitments.
Improving Loss TrendReported improvement in losses year-over-year indicates some cost discipline or program optimization. Over a medium horizon this suggests management can moderate cash burn, stretch runway, and prioritize high-potential work, reducing the frequency/size of external financing events if trend continues.
Bears Say
No RevenueAs a pre-revenue explorer, the company lacks operating cash inflows and relies on capital markets or partners. This structural revenue absence means long-term value depends on successful discovery or asset sale, raising execution and financing risk over the next several months.
Persistent Cash BurnConsistent negative operating and free cash flow create an ongoing funding requirement. Over 2–6 months this will pressure the balance between exploration progress and dilution, likely necessitating equity raises or partner funding that can dilute existing holders or divert management attention.
Negative ROEA sustained negative return on equity signals the company is not creating shareholder value from invested capital. Structurally this limits investor appeal and implies future capital raises must overcome questions of returns, making it harder to secure favorable financing terms over the medium term.
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$44.74M.
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 54 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 69,899,185 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
1
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5
6
7
8
9
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
Galleon Gold
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Freeman Gold Corp
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Abitibi Metals
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Awale Resources Limited
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Leviathan Gold
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Options Prices
Currently, No data available
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