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Fortune Bay Corp

Basic Materials CA FOR

0.65CAD
-0.02(2.99%)

Last update at 2026-06-23T18:02:00Z

Day Range

0.610.68
LowHigh

52 Week Range

0.491.17
LowHigh

Fundamentals

  • Previous Close 0.67
  • Market Cap43.57M
  • Volume199000
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-1.26855M
  • Revenue TTM0.00000M
  • Revenue Per Share TTM-
  • Gross Profit TTM -0.01146M
  • Diluted EPS TTM-0.02

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 -1.30866M -1.26358M -1.34324M -1.56510M -1.90002M
Minority interest - - - - -
Net income -1.16721M -1.48950M -1.38674M -1.37133M -1.82776M
Selling general administrative 1.52M 0.93M 0.31M 1.51M 1.57M
Selling and marketing expenses - - 0.09M - -
Gross profit -0.00282M -0.00286M -0.00407M -0.00536M -0.00580M
Reconciled depreciation 0.00282M 0.00286M 0.00407M 0.00536M 0.00580M
Ebit - - -1.30297M - -1.65756M
Ebitda - - -1.29890M -1.54284M -1.87230M
Depreciation and amortization - - 0.00407M - -
Non operating income net other - - - - -
Operating income -1.63920M -1.06900M -1.30297M -1.57014M -1.72919M
Other operating expenses - - 1.30M - -
Interest expense 0.05M 0.11M 0.04M 0.02M 0.02M
Tax provision -0.14145M 0.23M 0.04M -0.19377M -0.07226M
Interest income - - - 0.00000M 0.00016M
Net interest income -0.04509M -0.10935M -0.04438M -0.01690M -0.02176M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - - 0.04M - -0.07226M
Total revenue 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total operating expenses 1.64M 1.07M 1.30M 1.57M 1.73M
Cost of revenue 0.00282M 0.00286M 0.00407M 0.00536M 0.00580M
Total other income expense net 0.38M -0.08522M -0.04027M 0.02M -0.14907M
Discontinued operations - - - - -
Net income from continuing ops -1.16721M -1.48950M -1.38674M -1.37133M -1.82776M
Net income applicable to common shares - - - - -1.82776M
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 33.67M 24.17M 24.72M 23.73M 24.80M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets - - 0.05M - -
Total liab 2.12M 2.21M 2.19M 0.85M 1.05M
Total stockholder equity 31.55M 21.96M 22.53M 22.88M 23.75M
Deferred long term liab - - - - -
Other current liab 0.45M - 0.38M 0.02M 0.48M
Common stock - - 14.88M 14.42M 14.42M
Capital stock 25.04M 15.37M 14.88M 14.42M 14.42M
Retained earnings 1.42M 2.59M 4.08M 5.46M 6.84M
Other liab - - - - 0.40M
Good will - - - - -
Other assets - - - - 0.04M
Cash 7.90M 0.46M 0.59M 0.53M 6.51M
Cash and equivalents - - - - -
Total current liabilities 1.16M 1.29M 0.88M 0.20M 0.65M
Current deferred revenue - - -0.13140M - -
Net debt - 0.09M -0.08596M - -
Short term debt - - 0.50M - -
Short long term debt - 0.54M 0.50M - -
Short long term debt total - - 0.50M - -
Other stockholder equity - - 3.38M 1.44M 1.72M
Property plant equipment - - - - 18.11M
Total current assets 8.32M 0.72M 0.73M 0.71M 6.66M
Long term investments 0.25M - - - -
Net tangible assets - - - - 23.75M
Short term investments 0.13M 0.09M - - -
Net receivables 0.12M 0.03M 0.09M - 0.08M
Long term debt - - - - -
Inventory - - - - -
Accounts payable 0.61M 0.29M 0.13M 0.18M 0.17M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - 0.19M - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.04M 0.04M 23.15M 0.04M 0.04M
Deferred long term asset charges - - - - -
Non current assets total 25.35M 23.45M 23.99M 23.02M 18.15M
Capital lease obligations - - - - -
Long term debt total - - - - -
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 - -0.20994M -0.38735M -4.82485M -2.37972M
Change to liabilities - - - 0.02M -0.17627M
Total cashflows from investing activities - - - - -2.37972M
Net borrowings -0.56569M 0.00000M 0.48M - -0.19058M
Total cash from financing activities 10.39M 0.59M 1.16M 0.00000M 7.50M
Change to operating activities - - - -0.02249M -0.02871M
Net income -1.16721M -1.48950M -1.38674M -1.37133M -1.82776M
Change in cash 7.44M -0.12850M 0.05M -5.98063M 3.47M
Begin period cash flow 0.46M 0.59M 0.53M 6.51M 3.04M
End period cash flow 7.90M 0.46M 0.59M 0.53M 6.51M
Total cash from operating activities -1.48111M -0.51148M -0.71435M -1.15579M -1.64939M
Issuance of capital stock 10.18M 0.59M 0.66M 0.00000M 5.61M
Depreciation 0.00282M 0.00286M 0.00407M 0.00536M 0.00580M
Other cashflows from investing activities - - - - -
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables -0.22395M -0.03561M -0.00396M -0.01398M -0.03063M
Sale purchase of stock - - - - -
Other cashflows from financing activities - - 0.00116M - 0.71M
Change to netincome - - - - 0.41M
Capital expenditures 1.46M 0.22M 0.39M 4.85M 2.38M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -0.59123M 0.23M 0.25M -0.02147M -0.23561M
Stock based compensation 0.39M 0.31M 0.38M 0.45M 0.34M
Other non cash items 0.02M 0.04M -0.00335M - -
Free cash flow -2.94416M -0.73342M -1.10527M -6.00255M -4.02911M

Peer Comparison

Sector: Basic Materials Industry: Gold

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)
FOR
Fortune Bay Corp
-0.02 2.99% 0.65 - - - 1.51 -6.3521
OMG
Omai Gold Mines Corp
-0.03 1.30% 2.28 - - - 62.63 -4.0856
ODV
Osisko Development Corp
-0.14 3.87% 3.48 - 24.45 40.87 2.12 33.04 -2.0042
ASE
Asante Gold Corporation
-0.07 8.24% 0.78 - 6.57 2.23 269.42 2.23 49.52
NFG
New Found Gold Corp
-0.09 3.93% 2.20 - 11.78 177.15 2.59 175.20 -11.0158

Reports Covered

Stock Research & News

Profile

Fortune Bay Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Mexico. It primarily explores for gold and uranium deposits. The company has an option agreement to acquire The Woods Uranium Projects located on the northern margin of the Athabasca Basin, Saskatchewan. Fortune Bay Corp. is headquartered in Halifax, Canada.

Fortune Bay Corp

1969 Upper Water Street, Halifax, NS, Canada, B3J 3R7

Key Executives

Name Title Year Born
Mr. Wade K. Dawe Exec. Chairman 1970
Mr. Dale Verran M.Sc., P.Geo. Chief Exec. Officer NA
Ms. Sarah Lynn Oliver Chief Financial Officer 1984
Mr. Gareth Garlick Technical Director NA
Mr. Eric Bort Exploration Mang. NA
Mr. Wade K. Dawe Executive Chairman 1970
Mr. Dale Verran M.Sc., P.Geo. Chief Executive Officer NA
Mr. Dale Verran M.Sc., P.Geo. CEO & Director NA
Mr. Robert Peter Shaw M.Sc. Independent Director - Technical Advisor NA
Mr. Gareth Garlick Vice President of Technical Services NA

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