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Fortune Minerals J (TSE:FT)
TSX:FT
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$0.05 - C$0.13
Previous CloseN/A
Volume116.35K
Average Volume (3M)694.35K
Market Cap
C$71.19M
Enterprise ValueC$82.44M
Total Cash (Recent Filing)C$2.88M
Total Debt (Recent Filing)C$15.12M
Price to Earnings (P/E)―
Beta1.64
Next Earnings
Mar 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding593,264,300
10 Day Avg. Volume1,496,217
30 Day Avg. Volume694,354
Financial Highlights & Ratios
PEG Ratio-0.31
Price to Book (P/B)-1.99
Price to Sales (P/S)0.00
P/FCF Ratio-12.68
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 Cobalt-gold-bismuth-copper AssetOwning a development-stage NICO deposit with cobalt, gold, bismuth and copper provides durable exposure to critical and specialty metals. Structural demand for battery and specialty metals supports project optionality and strategic relevance as electrification and supply-security trends persist.
Marked Reduction In Extreme Prior LossesThe company’s cumulative loss profile shows a meaningful improvement versus 2022's extreme loss, indicating reduced scale of cash outflows and better cost control. This trend, if sustained, lowers near-term financing pressure and supports longer runway for project development.
Free Cash Flow Less Extreme Than 2022Although FCF remains negative, being materially less extreme than the 2022 outflow shows operational de-risking versus that peak. Sustained moderation in cash burn improves financing optionality and reduces immediate dilution risk while management advances permitting and development work.
Bears Say
No Revenue And Persistent Operating LossesThe absence of operating revenue means the company cannot self-fund development; ongoing losses and negative operating cash flow create structural reliance on external financing. Over time this increases dilution risk and can delay project timelines if capital access tightens.
Highly Stressed Balance Sheet; Negative EquityNegative equity and debt materially exceeding assets reduce financial flexibility and raise refinancing risk. For a development-stage miner this constrains the company’s ability to secure project financing on favorable terms, potentially slowing permitting and construction timelines.
Accelerating Cash Burn And Worsening FCF TrendWorsening free cash flow across recent years shows rising operational funding needs. Persistent negative operating cash flow forces repeated capital raises or higher borrowing, increasing dilution and interest burden and jeopardizing continuous progress on the NICO development program.
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$0.04 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$71.19M.
When is Fortune Minerals J’s upcoming earnings report date?
Fortune Minerals J’s upcoming earnings report date is Mar 26, 2026 which is in 19 days.
How were Fortune Minerals J’s earnings last quarter?
Fortune Minerals J released its earnings results on Nov 14, 2025. The company reported -C$0.002 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.002.
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 593,264,300 shares outstanding.
What happened to Fortune Minerals J’s price movement after its last earnings report?
Fortune Minerals J reported an EPS of -C$0.002 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
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
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5
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7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
81.81%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
64.66%
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.
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