Valuation: Fortune Minerals Limited

Market Cap 62.25M 44.46M 39.9M 36.82M 33.4M 4.23B 63.13M 440M 175M 2.22B 167M 163M 7.02B P/E 2024
-6.29x
P/E 2025 -10.3x
Enterprise Value 75.36M 53.82M 48.3M 44.57M 40.43M 5.13B 76.42M 533M 212M 2.69B 202M 198M 8.5B EV / Sales 2024
-
EV / Sales 2025 -
Free-Float
93.8%
Yield 2024 *
-
Yield 2025 -
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
04-08 Fortune Minerals Alberta Inc. and Secure Waste Infrastructure Corp. Sign Process Waste Disposal Agreement CI
1 day+2.78%
1 week-11.90%
Current month-19.57%
1 month-31.48%
3 months-30.19%
6 months-31.48%
Current year+8.82%
1 week 0.08
Extreme 0.085
0.1
1 month 0.08
Extreme 0.085
0.14
Current year 0.08
Extreme 0.085
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
23/08/26 Option

Director

800,000 0.1194%
21/08/26 Buy

Chairman

2,200,000 0.3352%
20/08/26 Buy

Chairman

2,200,000 0.3352%
Change 5-day change 1-year change 3-year change Capi.($)
+2.78%-11.90%+2.78%+164.29% 44.32M
+0.24%-2.45%+33.30%+28.81% 207B
-0.11%-2.32%+19.74%+22.94% 146B
+0.53%-2.33%+52.46%+211.11% 98.04B
-0.06%-1.55%+55.80%+21.62% 84.62B
+0.26%+0.87%-8.73%+56.76% 59.82B
-0.57%-2.15%+34.75%+60.92% 54.72B
+0.81%-2.66%+50.60%+75.67% 30.52B
-1.04%-11.64%+13.04%+332.31% 23.54B
+3.05%-5.64%+5.22%+71.51% 21.91B
Average +0.57%-4.24%+25.90%+104.59% 72.67B
Weighted average by Cap. +0.14%-1.94%+31.65%+69.20%

Financials

2024 2025
Net sales - -
Net income -3.61M -2.58M -2.31M -2.13M -1.94M -245M -3.66M -25.52M -10.16M -129M -9.67M -9.47M -407M -4.52M -3.23M -2.9M -2.68M -2.43M -308M -4.59M -32M -12.74M -162M -12.13M -11.88M -510M
Net Debt 8.86M 6.32M 5.68M 5.24M 4.75M 602M 8.98M 62.63M 24.94M 316M 23.75M 23.25M 999M 13.11M 9.36M 8.4M 7.75M 7.03M 892M 13.29M 92.71M 36.92M 468M 35.15M 34.42M 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
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
23/10/26 CA$0.0950 +5.56% 244,876
22/10/26 CA$0.0900 -14.29% 2,444,163
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
0.0900CAD
Average target price
0.6300CAD
Spread / Average Target
+600.00%