Fortune Minerals Limited (TSE:FT – Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.14 and traded as low as C$0.14. Fortune Minerals shares last traded at C$0.14, with a volume of 371,046 shares trading hands.
Fortune Minerals Price Performance
The company’s 50-day moving average price is C$0.14 and its two-hundred day moving average price is C$0.14. The company has a market cap of C$93.82 million, a P/E ratio of -14.00 and a beta of -1.75. The company has a current ratio of 0.21, a quick ratio of 0.04 and a debt-to-equity ratio of -230.60.
Fortune Minerals (TSE:FT – Get Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported C($0.01) EPS for the quarter. Fortune Minerals had a positive return on equity of 80.32% and a negative net margin of 13,690.93%.
Fortune Minerals Company Profile
Fortune is a Canadian mining and mineral processing company focused on developing the NICO cobalt-gold-bismuth-copper project in the Northwest Territories and Alberta. Fortune also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 km north of the NICO deposit and is a potential future source of incremental feed to extend the life of the NICO concentrator.
Featured Stories
- Five stocks we like better than Fortune Minerals
- Chips to Bots: Qualcomm’s Agentic AI Breakout
- Ciena Fell 40%—Now One Analyst Sees 50% Upside
- Energy Transfer Taps the AI Power Boom
- Viking’s Obesity Edge May Be Staying Power, Not Weight Loss
Receive News & Ratings for Fortune Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortune Minerals and related companies with MarketBeat.com's FREE daily email newsletter.
