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Fortune Minerals Limited

Basic Materials CA FT

0.175CAD
-0.02(10.26%)

Last update at 2026-06-05T20:00:00Z

Day Range

0.170.19
LowHigh

52 Week Range

0.060.13
LowHigh

Fundamentals

  • Previous Close 0.20
  • Market Cap66.86M
  • Volume1231260
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-2.23921M
  • Revenue TTM0.11M
  • Revenue Per Share TTM-
  • Gross Profit TTM 0.11M
  • Diluted EPS TTM-0.01

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -4.52465M -3.60805M -2.85100M -32.96927M -2.41322M
Minority interest - - - - -
Net income -4.52465M -3.60800M -2.85100M -61.70373M -2.30677M
Selling general administrative - 0.00097M 0.85M 1.50M 1.17M
Selling and marketing expenses - 0.00015M 0.09M - -
Gross profit -0.06665M -0.06653M -0.06986M -0.05814M -0.06089M
Reconciled depreciation - 0.07M 0.07M 0.06M 0.06M
Ebit -2.25448M -2.49353M -1.55286M -2.12749M -0.95086M
Ebitda -2.18783M -2.42700M -1.48300M -2.06935M -0.88998M
Depreciation and amortization 0.07M 0.07M 0.07M 0.06M 0.06M
Non operating income net other - - - - -
Operating income -2.25448M -2.57892M -1.67100M -2.12749M -0.95086M
Other operating expenses 2.25M 2.58M 1.56M 2.14M 1.23M
Interest expense 1.20M 1.11M 1.30M 2.11M 1.57M
Tax provision - - - - -
Interest income - 1.31M 0.00782M 0.90M 1.46M
Net interest income - -0.89309M -1.28466M -2.09829M -1.56558M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - - -0.00001M 28.73M -0.10644M
Total revenue - 0.00000M 0.00000M 0.00000M 0.00000M
Total operating expenses 2.19M 2.51M 1.62M 2.08M 1.17M
Cost of revenue 0.07M 0.07M 0.07M 0.06M 0.06M
Total other income expense net -2.27016M -1.02913M -1.23000M -30.84177M -1.46235M
Discontinued operations - - - - -
Net income from continuing ops - -3.60805M -2.85057M -32.96927M -2.41322M
Net income applicable to common shares - -3.60805M -2.85057M -32.96927M -2.41322M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 10.29M 4.82M 1.56M 46.45M 78.61M
Intangible assets - 0.00256M 0.00000M 0.00607M 0.00933M
Earning assets - - - - -
Other current assets 0.14M - 0.06M 0.03M 0.09M
Total liab 20.32M 16.22M 10.02M 8.57M 14.75M
Total stockholder equity -10.03062M -11.40048M -8.46397M 37.87M 63.86M
Deferred long term liab - - - - -
Other current liab 2.38M - 0.43M 0.24M 0.44M
Common stock 187.42M - 182.03M 180.53M 174.43M
Capital stock - 182.23M 182.03M 180.53M 174.43M
Retained earnings -215.88365M -211.35901M -207.75096M -159.35264M -126.38338M
Other liab - - - - 1.22M
Good will - - - - -
Other assets - - - 0.15M 0.15M
Cash 2.26M 1.59M 0.67M 0.08M 1.80M
Cash and equivalents - - - 0.08M 1.80M
Total current liabilities 20.13M 15.95M 9.72M 8.27M 11.91M
Current deferred revenue - - 0.20M - -
Net debt 15.54M 10.97M 8.78M 8.23M 11.28M
Short term debt 17.75M - 9.29M 8.03M 11.47M
Short long term debt - 12.57M 9.27M 7.98M 11.43M
Short long term debt total 17.80M - 9.46M 8.31M 13.08M
Other stockholder equity - - - - 16.17M
Property plant equipment - - - 46.05M 76.36M
Total current assets 3.93M 2.48M 0.76M 0.24M 2.09M
Long term investments - - - - -
Net tangible assets - - - - 63.85M
Short term investments - - - - -
Net receivables 1.53M 0.73M 0.03M 0.08M 0.19M
Long term debt - - - 0.06M 1.34M
Inventory - - - - -
Accounts payable - - -0.20143M - 0.44M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 18.43M - 17.26M 16.69M 15.81M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - 0.20M 0.20M 0.15M 0.15M
Deferred long term asset charges - - - - -
Non current assets total 6.36M 2.34M 0.80M 46.21M 76.52M
Capital lease obligations - 0.17M 0.22M 0.27M 0.31M
Long term debt total - - - 0.28M 1.61M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -1.60378M -0.18559M -0.72633M -1.36946M
Change to liabilities - - - - 0.25M
Total cashflows from investing activities -4.08290M -1.60378M -0.18559M -0.72633M -1.36946M
Net borrowings 6.89M 2.82M 0.10M - 1.47M
Total cash from financing activities 7.71M 2.71M 1.99M 0.20M 2.91M
Change to operating activities - - - - 0.60M
Net income -4.52465M -3.60805M -2.85057M -32.96927M -2.41322M
Change in cash 0.67M 0.92M 0.59M -1.72427M 0.72M
Begin period cash flow 1.59M 0.67M 0.08M 1.80M 1.08M
End period cash flow 2.26M 1.59M 0.67M 0.08M 1.80M
Total cash from operating activities -2.96583M -0.18652M -1.21320M -1.20226M -0.81459M
Issuance of capital stock - 0.00000M 2.06M 0.22M -
Depreciation 0.07M 0.07M 0.07M 0.06M 0.06M
Other cashflows from investing activities - -0.00065M -0.02059M -0.00120M 0.04M
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables -0.80406M -0.70395M 0.06M 0.11M -0.12550M
Sale purchase of stock - 0.00000M 2.06M 0.26M 1.43M
Other cashflows from financing activities -0.06600M -0.11000M -0.17482M 1.23M 2.91M
Change to netincome - - - - -0.12067M
Capital expenditures 4.08M 1.60M 0.17M 0.34M 0.09M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -1.65905M -0.39748M -0.00435M 0.85M 0.73M
Stock based compensation 0.86M 0.00000M 0.30M 0.59M 0.30M
Other non cash items 3.15M 3.75M 1.27M 30.27M 0.51M
Free cash flow -7.04873M -1.78965M -1.37820M -1.54132M -0.90804M

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 Revenue (x) Enterprise Value to EBITDA (x)
FT
Fortune Minerals Limited
-0.02 10.26% 0.17 - - 595.64 0.47 2111.86 -312.2212
TECK-B
Teck Resources Limited
-7.69 8.22% 85.90 12.14 9.12 1.91 0.97 2.53 6.34
TECK-A
Teck Resources Limited
-8.52 9.02% 85.91 12.13 9.34 1.91 0.99 2.58 6.47
IVN
Ivanhoe Mines Ltd.
-1.38 11.01% 11.15 44.19 31.45 37.10 2.17 30.10 40.94
AII
Almonty Industries Inc
-6.05 21.04% 22.70 - 68.03 260.31 25.14 273.42 -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

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