Fortune Minerals J (TSE:FT)
TSX:FT
Want to see TSE:FT full AI Analyst Report?
FT Stock Chart & Stats
C$0.10
<C$0.01(10.00%)
At close: 4:00 PM EST
C$0.10
<C$0.01(10.00%)
Day’s Range― - ―
52-Week RangeC$0.06 - C$0.13
Previous CloseN/A
Volume116.35K
Average Volume (3M)694.35K
Market Cap
C$73.03M
Enterprise ValueC$88.48M
Total Cash (Recent Filing)C$2.26M
Total Debt (Recent Filing)C$17.80M
Price to Earnings (P/E)―
Beta1.47
Next Earnings
May 19, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding608,623,050
10 Day Avg. Volume1,496,217
30 Day Avg. Volume694,354
Financial Highlights & Ratios
PEG Ratio-0.74
Price to Book (P/B)-4.65
Price to Sales (P/S)0.00
P/FCF Ratio-6.62
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
Strategic Project FocusFortune Minerals has a clear, durable strategic focus on developing the NICO critical-minerals project plus a downstream refinery. This concentration aligns resources and permits toward a single integrated value chain, improving long-term execution clarity and potential margin capture if financing and construction succeed.
Downstream Integration PlanA planned downstream refinery represents a structural move to capture more value from ore versus selling concentrates. Vertical integration can reduce commodity price exposure, enhance control over product specifications and potentially create durable processing capability that supports long-term competitiveness once capitalized.
Asset Build-upReported increases in total assets indicate capital deployment into project development and resource base growth. Asset accumulation is a durable sign of project advancement and can underpin future revenue generation once the development cycle and necessary financing are completed, improving long-term project optionality.
Bears Say
Zero RevenueThe company reports no operating revenue and widening TTM losses, indicating it remains pre-revenue. Persistent losses erode capital, increase reliance on external financing, and lengthen the timeline to self-sustaining operations, raising structural execution and dilution risk for shareholders.
Negative Equity And Rising DebtNegative equity coupled with a near doubling of debt materially weakens financial flexibility. This structural balance-sheet impairment raises refinancing and covenant risks, likely increasing cost of capital and the probability of future dilution or constrained ability to fund project milestones without external support.
Consistent Cash BurnOperating cash flow has been negative across periods and free cash flow deteriorated sharply to ~-$7.0M TTM. Sustained cash burn creates ongoing funding needs, lengthens time to development completion, and forces repeated capital raises, which is a durable headwind to shareholder value absent near-term project financing.
Fortune Minerals News
FT FAQ
What was Fortune Minerals J’s price range in the past 12 months?
Fortune Minerals J lowest stock price was C$0.06 and its highest was C$0.13 in the past 12 months.
What is Fortune Minerals J’s market cap?
Fortune Minerals J’s market cap is C$73.03M.
When is Fortune Minerals J’s upcoming earnings report date?
Fortune Minerals J’s upcoming earnings report date is May 19, 2026 which is in 22 days.
How were Fortune Minerals J’s earnings last quarter?
Fortune Minerals J released its earnings results on Apr 01, 2026. The company reported -C$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.001.
Is Fortune Minerals J overvalued?
According to Wall Street analysts Fortune Minerals J’s price is currently Overvalued.
Does Fortune Minerals J pay dividends?
Fortune Minerals J does not currently pay dividends.
What is Fortune Minerals J’s EPS estimate?
Fortune Minerals J’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Fortune Minerals J have?
Fortune Minerals J has 608,623,050 shares outstanding.
What happened to Fortune Minerals J’s price movement after its last earnings report?
Fortune Minerals J reported an EPS of -C$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 4.762%.
Which hedge fund is a major shareholder of Fortune Minerals J?
Currently, no hedge funds are holding shares in TSE:FT
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 Minerals Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
81.81%
12-Months-Change
Fundamentals
Return on Equity
40.99%
Trailing 12-Months
Asset Growth
113.78%
Trailing 12-Months
Company Description
Fortune Minerals J
Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company primarily explores for gold, cobalt, bismuth, copper, silver, lead, and zinc deposits. Its primary asset is the NICO gold-cobalt-bismuth-copper project covering an area of 5,140 hectares located in the Northwest Territories. The company was incorporated in 1988 and is headquartered in London, Canada.
Technical Analysis
Century Lithium
―
Eskay Mining
―
Namibia Critical Metals Inc
―
Nickel 28 Capital Corp
―
Canadian North Resources, Inc.
―