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Company ProfileFortune Minerals Limited
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
FTMDF
Fortune Minerals Limited Stock AnalysisComprehensive stock analysis for Fortune Minerals Limited (FTMDF) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisFTMDF
FTMDF
Fortune Minerals Limited
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
FTMDF
Home🔹Stocks🔹Fortune Minerals Limited

Fortune Minerals Limited

🇺🇸FTMDF•OTC

Fortune Minerals Limited

🇺🇸FTMDF•OTC
Market cap
$49.19M
Sentiment

Your view on FTMDF

Mkt Cap
$49.19M
Sentiment
Your view
Company Overview

Overview

What the company does, where it operates, and who runs it.

About Fortune Minerals Limited

Industry
Other Precious Metals
Sector
Basic Materials
CEO
Robin Ellis Goad
Headquarters
617 Wellington Street, London, ON, GB
Industry
Other Precious Metals
Sector
Basic Materials
CEO
Robin Ellis Goad
Headquarters
617 Wellington Street, London, ON, GB
Description

Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company primarily 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. The company was incorporated in 1988 and is headquartered in London, Canada.

FRC Research

Research Reports

FRC analyst coverage and recommendations.

Past Reports

Historical coverage archive.

Analyst Notes

Ongoing commentary and updates from FRC analysts.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for Fortune Minerals Limited, and the rating behind it. FTMDF last traded at $0.08; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Fortune Minerals Limited. Starting points for Fortune Minerals Limited: EPS -$0.01, beta -0.56 — an Other Precious Metals name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Fortune Minerals Limited. Fortune Minerals Limited does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Fortune Minerals Limited. Trailing twelve-month EPS for Fortune Minerals Limited stands at -$0.01. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Fortune Minerals Limited. Fortune Minerals Limited has reported as a listed company since 2010. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Fortune Minerals Limited valued side by side against its closest peers. Fortune Minerals Limited is measured against Other Precious Metals peers within the Basic Materials sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold Fortune Minerals Limited, and how their positions are changing. At a $49.2M market value, institutional positions materially move Fortune Minerals Limited's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by Fortune Minerals Limited executives and directors. Shares of Fortune Minerals Limited have traded between $0.03 and $0.09 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Fortune Minerals Limited. Fortune Minerals Limited is a $49.2M Basic Materials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Fortune Minerals Limited. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Fortune Minerals Limited. Coverage tracks Fortune Minerals Limited within Other Precious Metals (Basic Materials). Press releases and market coverage, newest first.

Discussion

Comments

Comments and replies from FRC members about this company.

Peer companies

  • AMYZFRecycLiCo Battery Materials Inc.
  • CBBHFCobalt Blue Holdings Limited
  • CRUCFColibri Resource Corporation
  • DLPRFDLP Resources Inc.
  • LCGMFLion Copper and Gold Corp.
  • SAGGFSterling Metals Corp.
  • WHYRFWest High Yield (W.H.Y.) Resources Ltd.

More Other Precious Metals companies

  • IPGDFIGO Limited
  • IPMGInternational Precious Minerals Group, Inc.
  • IPOAFIndustrias Peñoles, S.A.B. de C.V.
  • IPT.AXImpact Minerals Limited
  • IPXIperionX Limited
  • IPX.AXIperionx Ltd.
  • ITR.VIntegra Resources Corp.
  • ITRGIntegra Resources Corp.
  • IVR.AXInvestigator Resources Limited
  • IXR.AXIonic Rare Earths Limited
  • IXRRFIonic Rare Earths Limited
  • JAV.AXJavelin Minerals Limited
FTMDF Analysis
Fair
Past5
Growth2
Health1
Profit1
Value1

Research Reports

3 reports

FRC previously covered Fortune Minerals Limited. The reports below were published during active coverage.

Mar 28, 2025

Trump's Tariff Threats Boost Urgency for Domestic Critical Minerals

Fortune Minerals (TSX: FT) NICO project taps cobalt, bismuth, gold demand amid Trump tariffs. $17M funded in 2024, it aims to cut China reliance for EVs

Thumbnail for Trump's Tariff Threats Boost Urgency for Domestic Critical Minerals
May 28, 2024

U.S. and Canadian Government Funding Likely to Spark M&A Interest

FT is up 200% since our previous report in November 2023. The company has secured grants totaling $16.2M from the U.S. Department of Defense, and the...

Thumbnail for U.S. and Canadian Government Funding Likely to Spark M&A Interest
Nov 1, 2023

Collaborating With Rio Tinto/Advancing Financing Initiatives

Fortune’s NICO cobalt-gold-bismuth-copper project hosts the largest primary cobalt deposit in North America, and the world’s largest bismuth deposit.

Thumbnail for Collaborating With Rio Tinto/Advancing Financing Initiatives
4 reports
Nov 1, 2023

Collaborating With Rio Tinto/Advancing Financing Initiatives

PDF
Sep 22, 2021

A Unique Combo of Cobalt and Gold

PDF
Jan 26, 2017

Retains PwC to Secure Project Financing

PDF
Oct 12, 2016

A Unique Opportunity in Cobalt and Gold - Initiating Coverage

PDF
9 notes
Nov 10, 2025· 11 months agoLatest

Company announcement

Announces additional government support to help purchase the Alberta refinery site

Read the announcement
FRC Analyst's Comment
Positive – FT has secured a $3.8M loan from a Northwest Territories government agency to fund the acquisition of its proposed hydrometallurgical refinery in Alberta, a key facility for processing concentrates from its NICO critical minerals project. Management is focused on advancing NICO toward a construction decision, project financing, and offtake opportunities. The project hosts North America’s largest primary cobalt deposit, the world’s largest bismuth deposit, and a significant gold resource.
May 12, 2025· 1y ago

Company announcement

Announces positive bismuth test work results on its NICO cobalt-gold-bismuth-copper project in the NWT and Alberta

Read the announcement
FRC Analyst's Comment
Positive – Metallurgical tests suggest potential for significant improvements that could reduce CAPEX and OPEX, while enhancing metal recoveries. FT is working on an updated feasibility study. NICO hosts the world’s largest bismuth deposit, the largest primary cobalt deposit, and 1.1 Moz gold. FT has secured funding commitments totaling ~$17M from the U.S Department of Defense, and the Government of Canada.
Jan 13, 2025· 1y ago

Company announcement

Provides updates on its NICO cobalt-gold-bismuth-copper project in the NWT and Alberta

Read the announcement
FRC Analyst's Comment
Positive – NICO hosts the largest primary cobalt deposit in North America, the world’s largest bismuth deposit, and 1.1 Moz gold. FT has secured grants totaling $17M from the U.S. Department of Defense, and the Government of Canada. Recent studies have identified improvements aimed at enhancing gold, bismuth, and cobalt recoveries, while reducing costs, as part of an updated feasibility study. Additionally, FT and Rio Tinto (NYSE: RIO) have confirmed the feasibility of processing materials from Rio Tinto’s Kennecott operations in Utah at FT’s proposed hydrometallurgical facility in Alberta.
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