Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
FT.TO
SELLREMOVEFortune Minerals Limited · Basic Materials · Canada · $100M · Avg Vol: $111K/d
Fortune Minerals is a junior mineral developer lacking cash flow, operating history, and structural pricing power, presenting high execution risk.
COMPANY DESCRIPTION
Fortune Minerals Limited is a Canadian developer focused on its NICO gold-cobalt-bismuth-copper project in the Northwest Territories and a proposed refinery in Alberta. The company's competitive moat lies in NICO's unique mineral suite, which includes the world's largest defined reserve of bismuth outside of China, a critical metal for green technology and electronics. It operates as a strategic niche developer, aiming to establish a reliable, vertically integrated North American supply chain for critical minerals.
FINANCIAL SUMMARY
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | — | 0 | 0 | 0 | 0 | — |
| EPS | — | -0.01 | -0.01 | -0.01 | -0.01 | — |
| Shares | — | 460M | 500M | 512M | 593M | +29.0% |
| Debt | 972,701 | 6M | 7M | 9M | 13M | 90.8% |
| Equity | — | -6M | -6M | -8M | -7M | — |
| Op CF | — | -1M | -878,684 | -135,565 | -2M | — |
| Inv CF | — | -139,276 | -134,420 | -1M | -3M | — |
| Fin CF | — | 102,213 | 1M | 2M | 6M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of FT.TO are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| FT.TO | Fortune Minerals Limited(you) | $100M | 31 | SELL |
| MSM.CN | Metalsource Mining Inc. | $82M | 32 | SELL |
| FAN.V | First Atlantic Nickel & Cobalt Corp. | $85M | 30 | SELL |
| INTR.V | Intrepid Metals Corp. | $78M | 29 | SELL |
| FPC.V | Falco Resources Ltd. | $120M | 35 | HOLD |
| LITH.V | Lithium Chile Inc. | $112M | 37 | HOLD |
| ROCK.V | Trident Resources Corp. | $116M | 37 | HOLD |
| FOX.CN | Fox River Resources Corporation | $63M | 31 | SELL |
| DAN.V | Arianne Phosphate Inc. | $72M | 28 | SELL |
| FPX.V | FPX Nickel Corp. | $113M | 23 | SELL |
Peer medians: ROE -12.3% · P/E 15.3x · Gross margin 0.0%