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Fortune Bay Corp (TSE:FOR)
:FOR
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$0.24 - C$1.17
Previous CloseN/A
Volume10.00K
Average Volume (3M)61.02K
Market Cap
C$60.59M
Enterprise ValueC$59.55M
Total Cash (Recent Filing)C$1.23M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.66
Next Earnings
Apr 16, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding68,076,680
10 Day Avg. Volume61,615
30 Day Avg. Volume61,017
Financial Highlights & Ratios
PEG Ratio7.23
Price to Book (P/B)0.46
Price to Sales (P/S)0.00
P/FCF Ratio-19.15
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 Financial LeverageA zero reported debt load is a durable strength for an exploration company: it lowers solvency risk, reduces fixed financing costs, and preserves strategic optionality to pursue drilling, partnerships or acquisitions without servicing interest, improving resilience across cycles.
Sizable Equity Relative To AssetsA high equity-to-assets ratio provides a meaningful capital cushion that supports ongoing exploration spending and absorbes write-downs. This balance-sheet strength improves bargaining leverage for joint ventures or farm-outs and lengthens the runway to fund programs.
Exploration Model With Multiple Monetization PathsThe company’s project-advancement model creates structural optionality: successful resource definition can be monetized through sales, JV/farm-outs, option payments or retained royalties. That reduces execution risk versus owning a capital-intensive producing mine long-term.
Bears Say
Pre-revenue OperationsRemaining pre-revenue is a persistent fundamental constraint: value depends on exploration success rather than operating cash flow. Continued net losses indicate limited internal value realization and lengthen the timeline and uncertainty to achieve monetization or partner interest.
Negative Cash GenerationSustained negative operating and free cash flow means the company must repeatedly access markets or partners for funding. Over the medium term this raises dilution risk, can constrain continuous multi-year exploration programs, and makes strategy execution contingent on capital availability.
Equity Erosion Risk From Persistent LossesNegative ROE over time can shrink the equity cushion even with low debt. If exploration spending and losses persist, shareholders’ equity can be materially reduced, weakening balance-sheet flexibility and increasing the likelihood of dilutive financings or unfavorable deal terms.
FOR FAQ
What was Fortune Bay Corp’s price range in the past 12 months?
Fortune Bay Corp lowest stock price was C$0.24 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$60.59M.
When is Fortune Bay Corp’s upcoming earnings report date?
Fortune Bay Corp’s upcoming earnings report date is Apr 16, 2026 which is in 59 days.
How were Fortune Bay Corp’s earnings last quarter?
Fortune Bay Corp released its earnings results on Nov 28, 2025. The company reported -C$0.008 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.008.
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?
Fortune Bay Corp reported an EPS of -C$0.008 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -1.163%.
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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4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
350.00%
12-Months-Change
Fundamentals
Return on Equity
-6.38%
Trailing 12-Months
Asset Growth
3.27%
Trailing 12-Months
Company Description
Fortune Bay Corp
Fortune Bay Corp. acquires, explores for, and develops mineral properties. It primarily explores for gold deposits. The company holds a 100% interest in the Goldfields project comprises 12 mineral dispositions covering an area of approximately 5,000 hectares located in northern Saskatchewan, Canada; the Strike Uranium project that comprises four mineral dispositions covering an area of approximately 10,000 hectares located near Uranium City, northern Saskatchewan, Canada; the Murmac Uranium project, which consists of 10 mineral claims covering an area of approximately 5,300 hectares located in northern Saskatchewan, Canada; and the Ixhuatán project that consists of the 4,176 hectares of Rio Negro concession located in northern Chiapas State, Mexico. It also owns 2% net smelter royalty in the Huizopa project located in the Sierra Madres in Chihuahua, Mexico. The company is headquartered in Halifax, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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