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FMR Reports Earnings — What Canadian Investors Should Know

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Future Mineral Resources reported an EPS loss of C$0.0292 for the fiscal period ended July 31, 2026. With no analyst estimate or useful history of comparable estimates, there’s no basis for calling the result a beat or a miss.

Future Mineral Resources Inc. (TSX: FMR) reported earnings after the market close on October 29, 2026. Calendar data lists actual EPS at -C$0.0292, but no estimate is available. The company’s reported trailing 12-month (TTM) EPS is -C$0.04, and its profit margin is 0.00%. See the FMR stock page for company and share information.

Recent earnings trend

Future Mineral Resources Inc.

FMR.TO

Full stock page →

FMR.TO

Future Mineral Resources Inc.

Source:WealthAwesomeWealthAwesome
↓ $0.11 (-37.93%)
120 day period
$0.15$0.26$0.36May 4Jul 31Nov 4

Market cap

$2.80M

52W high

$0.40

52W low

$0.15

1W change

+0.00%

Beta

2.42

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on FMR's historical volatility

HistoricalForecast68%95%
C$0.05C$0.13C$0.20C$0.28C$0.35C$0.43TodayJun 18Aug 25Nov 4Dec 17Jan 30Mar 14

30-Day Vol

84.9%

Annualized

90-Day Vol

87.7%

Annualized

Trend (90d)

-50.0%

Annualized drift

90d Mean

C$0.15

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$0.17C$0.13 – C$0.23
60 trading daysC$0.16C$0.11 – C$0.24
90 trading daysC$0.15C$0.09 – C$0.25

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Analyst coverage: Low — no EPS consensus estimates are available for this name. Focus on reported EPS trends below rather than beat/miss framing.

Fiscal periodReport dateActual EPSEstimateSurprise
2026-07-312026-10-29-0.0292——
2026-04-302026-06-150.0065——
2026-01-312026-03-16-0.0272——
2025-10-312025-12-150.0848——
2025-07-312025-07-31-0.0737——
2025-04-302025-04-30-0.0156——
-0.1608-0.03800.0848 24-1025-0125-0425-0725-1026-0126-0426-07 Reported EPS (≥0) Reported EPS (<0) Wealth Awesome

Investor takeaway: The reported loss is the clearest earnings figure available. The information provided includes no revenue, period-specific margin data, or analyst consensus for comparison. There’s also a filing delay to watch. In an October 20 release, the company said it might miss the October 29 deadline for its audited statements and related filings. It had applied for a management cease trade order and expected to file by November 16. This is company-news context, not a substitute for reviewing the audited statements once they’re filed. The company also extended the outside date for its agreement to acquire the remaining 52% of its Polish nickel-zinc-lead project to December 31, 2026. The deal remains subject to conditions, including any required TSX approval.

C$0.0292 loss per share

Calendar EPS was -C$0.0292 for the fiscal period ended July 31, 2026. No estimate was available, so the result can’t be classified as a beat or a miss. TTM EPS is -C$0.04.

Bull case

The reported EPS loss is slightly smaller than the TTM loss, but the figures cover different periods and don’t show a clear trend. The amended agreement keeps the potential Polish project acquisition in play, with a new outside date of December 31. If the deal closes and future disclosures clarify the project’s status and economics, investors will have more information to assess FMR’s prospects. For now, there’s no confirmation that the deal will close or detail on its financial impact.

Bear case

FMR is still loss-making based on the figures provided. Without revenue, detailed margin data, or comparable EPS estimates, it’s hard to draw firm conclusions from this earnings report. The expected delay in audited filings also leaves investors waiting for a fuller financial picture. FMR’s last close was C$0.18, below its 50-day average of C$0.24 and 200-day average of C$0.28. Its market capitalization was about C$2.8 million. These figures describe a small, volatile company, but they don’t predict future performance.

Analysis

Future Mineral Resources reported calendar EPS of -C$0.0292 for the fiscal period ended July 31, 2026. There’s no analyst estimate for the period and no comparable quarters with both actual and estimated EPS. With limited analyst coverage, there’s no basis for a beat-or-miss conclusion. The supplied TTM EPS is -C$0.04, and the reported profit margin is 0.00%. No revenue or period-specific margin figures were provided, so investors should review the company’s filings for more detail on its performance. The automatically added earnings trend table and chart reflect the lack of usable consensus data.

Analysis

In an October 20 release, Future Mineral said it might miss the October 29 deadline for its audited statements and related filings for the year ended July 31, 2026. The company had applied for a management cease trade order and expected to file by November 16, 2026. Investors should check for the filings and any updates rather than assume they arrived on time. Separately, an October 16 amendment extended the outside date for the agreement to acquire the remaining 52% of the Polish nickel-zinc-lead project to December 31, 2026. The deal remains subject to conditions, including any required TSX approval. These developments add context, but they don’t confirm whether the deal will close or what it would mean financially.

Analysis

FMR’s last close was C$0.18, below its 50-day moving average of C$0.24 and 200-day average of C$0.28. Its 52-week range was C$0.15 to C$0.40, and its reported market capitalization was about C$2.8 million. Wealth Awesome’s statistical 90-day price model gives a mean forecast of C$0.15, with a 68% range of C$0.09 to C$0.25 and a 95% range of C$0.05 to C$0.42. This is a statistical model, not financial advice or a guarantee. See the FMR price forecast and FMR stock page for more information.

Wealth Awesome
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This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: November 5, 2026
Last Updated: November 5, 2026

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