Valuation: Fortune Minerals Limited

Market Cap 55.33M 39.66M 35.52M 32.67M 29.6M 3.77B 56.37M 390M 156M 1.98B 149M 146M 6.25B P/E 2024
-6.29x
P/E 2025 -10.3x
Enterprise Value 68.44M 49.05M 43.93M 40.41M 36.61M 4.66B 69.72M 482M 193M 2.45B 184M 180M 7.73B EV / Sales 2024
-
EV / Sales 2025 -
Free-Float
93.8%
Yield 2024 *
-
Yield 2025 -
10-29 Fortune Minerals Limited Provides Update on NICO Feasibility Study CI
09-18 Fortune Minerals Gets Northwest Territories Water License and Land Use Permit Renewals For NICO Mine MT
09-18 Fortune Minerals Receives Northwest Territories Water Licence and Land Use Permit Renewals for Nico Mine CI
08-14 Fortune Minerals Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
06-26 Fortune Minerals Limited Receives Conditional Approval for Up to $50 Million Funding from Government of Canada for Nico Project Access Road Construction CI
05-15 Fortune Minerals Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
05-14 Fortune Minerals Limited Receives Water Licence and Land Use Permit for Nico Project Access Road CI
05-01 Fortune Minerals to raise C$10 mln & retire C$11.84 mln maturing debts RE
05-01 Fortune Minerals Limited announced that it expects to receive CAD 10 million in funding from The Lind Partners, LLC CI
04-29 Fortune Minerals pursuing government funding opportunities for NICO project development RE
04-29 Fortune Minerals Seeking Govt Funding For NICO Project Development; Jumped 25% to Near 52 Week Highs on Tuesday MT
04-29 Fortune and the Tlicho Government Are Forming A Joint Venture for the Development of an Access Road to the Company?s Nico Cobalt-Gold-Bismuth-Copper Mine and Concentrator in the Northwest Territories CI
04-08 Fortune Minerals Reaches Process Waste Disposal Agreement With SECURE for Its Planned Alberta Refinery MT
1 day-15.79%
1 week-15.79%
Current month-30.43%
1 month-30.43%
3 months-38.46%
6 months-51.52%
Current year-5.88%
1 week 0.08
Extreme 0.08
0.1
1 month 0.08
Extreme 0.08
0.14
Current year 0.08
Extreme 0.08
0.25
1 year 0.08
Extreme 0.08
0.25
3 years 0.02
Extreme 0.025
0.25
5 years 0.02
Extreme 0.025
0.25
10 years 0.02
Extreme 0.025
0.38
Manager TitleAgeSince
Chief Executive Officer 68 01/01/1989
Director of Finance/CFO - 06/09/2016
Director of Finance/CFO - 01/06/2020
Director TitleAgeSince
Director/Board Member 68 01/01/1989
Chairman 67 19/04/2012
Director/Board Member 79 25/07/2013
Date Insider Type Main position Quantity % Market Cap. Importance
8/23/26 A Option

Director

800,000 0.1194%
8/21/26 A Buy

Chairman

2,200,000 0.3352%
8/20/26 A Buy

Chairman

2,200,000 0.3352%
Change 5-day change 1-year change 3-year change Capi.($)
-15.79%-15.79%-15.79%+128.57% 46.99M
+0.07%+4.56%+31.18%+27.60% 206B
-1.80%-2.20%+11.14%+16.32% 143B
-4.01%-1.70%+36.52%+198.47% 97.22B
-2.68%-3.35%+42.19%+15.19% 83.78B
-2.84%+0.81%-12.30%+52.30% 58.29B
-4.17%+1.12%+27.29%+55.49% 55.38B
-5.28%+2.21%+40.17%+72.61% 31.32B
-5.18%-3.20%-0.58%+302.99% 23.23B
-2.22%+1.71%+5.83%+72.53% 22.94B
Average -4.39%+0.62%+16.57%+94.21% 72.12B
Weighted average by Cap. -2.21%-0.44%+23.94%+63.35%

Financials

2024 2025
Net sales - -
Net income -3.61M -2.59M -2.32M -2.13M -1.93M -246M -3.68M -25.4M -10.2M -129M -9.7M -9.5M -407M -4.52M -3.24M -2.9M -2.67M -2.42M -308M -4.61M -31.86M -12.79M -162M -12.17M -11.91M -511M
Net Debt 8.86M 6.35M 5.68M 5.23M 4.74M 603M 9.02M 62.35M 25.03M 317M 23.82M 23.31M 1B 13.11M 9.39M 8.41M 7.74M 7.01M 892M 13.35M 92.3M 37.05M 469M 35.26M 34.51M 1.48B
Projected Income Statement - Annual - Fortune Minerals Limited
Logo Fortune Minerals Limited
Fortune Minerals Limited is a mining company. It is engaged in the exploration and development of mineral properties in Canada. It is focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories and Alberta that produces a bulk concentrate for shipment to a refinery that it plans to construct in southern Canada. It also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 kilometers (km) north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator. It also maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia. It also has a 100% interest in these 116 hectares of property south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has a 1% net smelter royalty covering 78 hectares of land positioned in a former silver mining district, located south of the Eldorado mining district at Great Bear Lake.
Employees
3
Date Price Change Volume
30/10/26 CA$0.0800 -15.79% 1,553,381
29/10/26 CA$0.0950 +2.70% 576,513
28/10/26 CA$0.0925 +2.78% 332,694
27/10/26 CA$0.0900 +2.86% 386,324
26/10/26 CA$0.0875 -7.89% 215,121
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
0.0800CAD
Average target price
0.6300CAD
Spread / Average Target
+687.50%