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FOR Stock Chart & Stats
C$0.66
-C$0.02(-3.03%)
At close: 4:00 PM EDT
C$0.66
-C$0.02(-3.03%)
Day’s Range― - ―
52-Week RangeC$0.52 - C$1.17
Previous CloseN/A
Volume16.50K
Average Volume (3M)61.02K
Market Cap
C$43.34M
Enterprise ValueC$34.85
Total Cash (Recent Filing)C$6.00M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.78
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
Minimal LeverageNear-zero reported debt is a durable solvency advantage for an exploration company: it lowers fixed financing costs, reduces bankruptcy risk during exploration cycles, and preserves flexibility to pursue deals or withstand funding gaps without interest-driven cash drain.
Sizeable Equity Relative To AssetsA large equity base versus assets signals a well-capitalized balance sheet that can underwrite multi-year exploration programs. This structural capital buffer supports ongoing project work, makes partnering easier, and reduces immediate refinancing pressure versus highly leveraged peers.
Flexible Project Monetization OptionsFortune Bay's business model allows multiple durable value pathways: selling interests, structuring earn-ins, retaining royalties, or raising equity. These structural levers let the company advance projects while transferring cost/risk to partners or crystallizing value without needing a producing mine.
Bears Say
No Operating RevenueThe absence of operating revenue is a fundamental constraint: without a producing asset or monetization event, the company cannot self-fund exploration, demonstrate commercial economics, or show sustainable margins. This structural revenue gap keeps business viability dependent on external transactions or financing.
Persistent Cash BurnRepeated negative operating and free cash flow indicates ongoing funding needs to advance projects. Over a 2–6 month horizon this persistent burn raises dilution and execution risk if capital markets tighten, slowing exploration timelines and increasing dependency on partners or equity raises.
Negative Returns On EquityA negative ROE shows the company is consuming shareholder capital rather than creating value. Structurally, this undermines investor confidence and can worsen fundraising terms; unless projects convert to higher-value outcomes, negative ROE may persist and pressure future capital access.
FOR FAQ
What was Fortune Bay Corp’s price range in the past 12 months?
Fortune Bay Corp lowest stock price was C$0.52 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$43.34M.
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 26 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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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
350.00%
12-Months-Change
Fundamentals
Return on Equity
―
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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Awale Resources Limited
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Leviathan Gold
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