Fortune Minerals Limited

Basic Materials CA FT

0.12CAD
-(-%)

Last update at 2026-03-11T15:49:00Z

Day Range

0.120.12
LowHigh

52 Week Range

0.040.13
LowHigh

Fundamentals

  • Previous Close 0.12
  • Market Cap73.12M
  • Volume217556
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-3.02161M
  • Revenue TTM-0.04110M
  • Revenue Per Share TTM-
  • Gross Profit TTM -0.04110M
  • Diluted EPS TTM-0.02

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -3.60805M -2.85100M -32.96927M -2.41322M -1.71566M
Minority interest - - - - -
Net income -3.60800M -2.85100M -61.70373M -2.30677M -1.18517M
Selling general administrative 0.00097M 0.85M 1.50M 1.17M 0.98M
Selling and marketing expenses 0.00015M 0.09M - - -
Gross profit -0.06653M -0.06986M -0.05814M -0.06089M -0.02642M
Reconciled depreciation 0.07M 0.07M 0.06M 0.06M 0.03M
Ebit -2.49353M -1.55286M -2.12749M -0.95086M -0.90414M
Ebitda -2.42700M -1.48300M -2.06935M -0.88998M -0.87772M
Depreciation and amortization 0.07M 0.07M 0.06M 0.06M 0.03M
Non operating income net other - - - - -
Operating income -2.57892M -1.67100M -2.12749M -0.95086M -0.90414M
Other operating expenses 2.58M 1.56M 2.14M 1.23M 1.01M
Interest expense 1.11M 1.30M 2.11M 1.57M 1.34M
Tax provision - - - - -
Interest income 1.31M 0.00782M 0.90M 1.46M 0.80M
Net interest income -0.89309M -1.28466M -2.09829M -1.56558M -1.32604M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - -0.00001M 28.73M -0.10644M -0.53049M
Total revenue 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total operating expenses 2.51M 1.62M 2.08M 1.17M 0.98M
Cost of revenue 0.07M 0.07M 0.06M 0.06M 0.03M
Total other income expense net -1.02913M -1.23000M -30.84177M -1.46235M -0.81152M
Discontinued operations - - - - -
Net income from continuing ops -3.60805M -2.85057M -32.96927M -2.41322M -1.71566M
Net income applicable to common shares -3.60805M -2.85057M -32.96927M -2.41322M -1.71566M
Preferred stock and other adjustments - - - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 4.82M 1.56M 46.45M 78.61M 76.34M
Intangible assets 0.00256M 0.00000M 0.00607M 0.00933M 0.01M
Earning assets - - - - -
Other current assets - 0.06M 0.03M 0.09M 0.03M
Total liab 16.22M 10.02M 8.57M 14.75M 12.16M
Total stockholder equity -11.40048M -8.46397M 37.87M 63.86M 64.18M
Deferred long term liab - - - - -
Other current liab - 0.43M 0.24M 0.44M 0.19M
Common stock - 182.03M 180.53M 174.43M 172.54M
Capital stock 182.23M 182.03M 180.53M 174.43M 172.54M
Retained earnings -211.35901M -207.75096M -159.35264M -126.38338M -123.97016M
Other liab - - - 1.22M 1.34M
Good will - - - - -
Other assets - - 0.15M 0.15M 0.20M
Cash 1.59M 0.67M 0.08M 1.80M 1.08M
Cash and equivalents - - 0.08M 1.80M 1.08M
Total current liabilities 15.95M 9.72M 8.27M 11.91M 0.50M
Current deferred revenue - 0.20M - - 0.27M
Net debt 10.97M 8.78M 8.23M 11.28M 9.26M
Short term debt - 9.29M 8.03M 11.47M 0.04M
Short long term debt 12.57M 9.27M 7.98M 11.43M -
Short long term debt total - 9.46M 8.31M 13.08M 10.34M
Other stockholder equity - - - 16.17M 15.64M
Property plant equipment - - 46.05M 76.36M 74.90M
Total current assets 2.48M 0.76M 0.24M 2.09M 1.23M
Long term investments - - - - -
Net tangible assets - - - 63.85M 64.17M
Short term investments - - - - -
Net receivables 0.73M 0.03M 0.08M 0.19M 0.07M
Long term debt - - 0.06M 1.34M 10.01M
Inventory - - - - -
Accounts payable - -0.20143M - 0.44M 0.19M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - 17.26M 16.69M 15.81M 15.61M
Additional paid in capital - - - - -
Common stock total equity - - - - 172.54M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.20M 0.20M 0.15M 0.15M 0.20M
Deferred long term asset charges - - - - -
Non current assets total 2.34M 0.80M 46.21M 76.52M 75.11M
Capital lease obligations 0.17M 0.22M 0.27M 0.31M 0.35M
Long term debt total - - 0.28M 1.61M 10.32M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -1.60378M -0.18559M -0.72633M -1.36946M -0.64680M
Change to liabilities - - - 0.25M -0.00125M
Total cashflows from investing activities -1.60378M -0.18559M -0.72633M -1.36946M -0.64680M
Net borrowings 2.82M 0.10M - 1.47M 0.06M
Total cash from financing activities 2.71M 1.99M 0.20M 2.91M 0.19M
Change to operating activities - - - 0.60M 0.56M
Net income -3.60805M -2.85057M -32.96927M -2.41322M -1.71566M
Change in cash 0.92M 0.59M -1.72427M 0.72M -1.02602M
Begin period cash flow 0.67M 0.08M 1.80M 1.08M 2.10M
End period cash flow 1.59M 0.67M 0.08M 1.80M 1.08M
Total cash from operating activities -0.18652M -1.21320M -1.20226M -0.81459M -0.56822M
Issuance of capital stock 0.00000M 2.06M 0.22M - 0.13M
Depreciation 0.07M 0.07M 0.06M 0.06M 0.03M
Other cashflows from investing activities -0.00065M -0.02059M -0.00120M 0.04M -0.00153M
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables -0.70395M 0.06M 0.11M -0.12550M 0.42M
Sale purchase of stock 0.00000M 2.06M 0.26M 1.43M 0.13M
Other cashflows from financing activities -0.11000M -0.17482M 1.23M 2.91M 0.06M
Change to netincome - - - -0.12067M -0.61840M
Capital expenditures 1.60M 0.17M 0.34M 0.09M 0.05M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -0.39748M -0.00435M 0.85M 0.73M 0.98M
Stock based compensation 0.00000M 0.30M 0.59M 0.30M 0.00000M
Other non cash items 3.75M 1.27M 30.27M 0.51M 0.14M
Free cash flow -1.78965M -1.37820M -1.54132M -0.90804M -0.61456M

Peer Comparison

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to EBITDA (x)
FT
Fortune Minerals Limited
- -% 0.12 - - 191.21 0.54 -312.2212
IVN
Ivanhoe Mines Ltd.
-0.32 2.35% 13.29 58.43 25.84 67.52 3.17 53.80 59.12
NGEX
NGEx Minerals Ltd.
-0.79 2.92% 26.28 - - - 47.01 -21.1223
SKE
Skeena Resources Ltd
-1.06 2.29% 45.32 - - - 59.95 -4.0329
AII
Almonty Industries Inc
0.57 1.97% 29.47 - 70.42 148.22 27.33 158.58 -189.0938

Reports Covered

Stock Research & News

Profile

Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company 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 and Lamont County consists of 76.78 acres located in Alberta site and facilities. The company also holds 100% interest in Sue-Dianne covering an area of 451 hectares; and Salkeld Lake Property that covers an area of 116 hectares located in the Northwest Territories. Fortune Minerals Limited was incorporated in 1988 and is headquartered in London, Canada.

Fortune Minerals Limited

617 Wellington Street, London, ON, Canada, N6A 3R6

Key Executives

Name Title Year Born
Mr. Robin Ellis Goad M.Sc., P.Geo. Co-Founder, Pres, CEO & Director 1958
Ms. Patricia Penney B.Comm (Hon), C.A., CPA, CPA Interim Chief Financial Officer NA
Mr. Glen Koropchuk B.Sc., M.Sc., P.Eng. Technical Director & Director 1962
Mr. Troy D. Nazarewicz CIM, CPIR Investor Relations Mang. NA
Mr. David Allan Knight B.A., L.L.B., LL.B. Corp. Sec. 1955
Mr. Robin Ellis Goad M.Sc., P.Geo. Co-Founder, President, CEO & Director 1958
Mr. Troy D. Nazarewicz CIM, CPIR Investor Relations Manager NA
Alex Mezei P.Eng. Chief Metallurgist NA
Mr. David Allan Knight B.A., L.L.B., LL.B. Corporate Secretary 1955
Mr. Glen Koropchuk B.Sc., M.Sc., P.Eng. Technical Director & Independent Director 1962

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.