Fortune Minerals (FT) AI Stock Analysis

• Market Cap: C$69.45M
• Dividend Yield: N/A
• Average Volume (3M): 694.35K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.56
• Revenue Growth: N/A
• EPS Growth: -82.14%
• Country: CA
• Employees: 3
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 603,941,830
• 10 Day Avg. Volume: 1,496,217
• 30 Day Avg. Volume: 694,354
• 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 Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: C$0.11 ▲(12.00% Upside)
• Action: Reiterated Date: 04/10/26
• Date: Action: Reiterated 04/10/26

The score is weighed down primarily by very weak financial performance (no revenue, widening losses, higher cash burn, negative equity and rising debt). Technicals are mixed with modest short-term strength versus some longer-term averages but negative MACD, and valuation is constrained by negative earnings and no dividend support.

Positive Factors

Strategic Project Focus

Fortune 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.

Negative Factors

Zero Revenue

The 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.

Fortune Minerals Business Overview & Revenue Model

Company Description

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 ass...

Read more

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 ass...

How the Company Makes Money

null...

Fortune Minerals Financial Statement Overview

Breakdown	Dec 2025	Mar 2025	Dec 2023	Mar 2023	Mar 2022
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-66.65K	-66.53K	-69.86K	-58.14K	-60.89K
EBITDA	-2.19M	-2.43M	-1.48M	-360.00K	-784.00K
Net Income	-4.52M	-3.61M	-2.85M	-32.97M	-2.41M
Balance Sheet
Total Assets	10.29M	4.82M	1.56M	46.45M	78.61M
Cash, Cash Equivalents and Short-Term Investments	2.26M	1.59M	673.63K	78.65K	1.80M
Total Debt	17.80M	12.73M	9.50M	8.31M	13.08M
Total Liabilities	20.32M	16.22M	10.02M	8.57M	14.75M
Stockholders Equity	-10.03M	-11.40M	-8.46M	37.87M	63.86M
Cash Flow
Free Cash Flow	-7.05M	-1.79M	-1.38M	-1.54M	-908.04K
Operating Cash Flow	-2.97M	-186.52K	-1.21M	-1.20M	-814.59K
Investing Cash Flow	-4.08M	-1.60M	-185.59K	-726.33K	-1.37M
Financing Cash Flow	7.71M	2.71M	1.99M	204.32K	2.91M

Fortune Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:FT, the sentiment is Positive. The current price of 0.1 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.12, and above the 200-day MA of 0.10, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 62.16 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:FT.

Fortune Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
NMI	51 Neutral	C$68.61M	-60.96	-3.27%	―	―	―
NKL	51 Neutral	C$92.07M	17.52	-5.33%	―	―	16.24%
CNRI	46 Neutral	C$32.01M	-128.63	-1.60%	―	―	88.42%
FT	45 Neutral	C$69.45M	-16.79	40.99%	―	―	-82.14%
LCE	43 Neutral	C$71.31M	-23.09	-3.68%	―	―	27.68%
ESK	40 Underperform	C$83.02M	-1,508.00	-50.65%	―	―	62.70%

Fortune Minerals Corporate Events