TSX open
Loading markets…
Stocks

FMR Reports Earnings — What Canadian Investors Should Know

By Wealth Awesome -

Follow live quotes and coverage.

Stocks & ETFs:FMR.TO

Follow FMR

Photos provided by Pexels

Future Mineral Resources reported a loss for the quarter, but there’s no analyst estimate or earnings history to show whether the result beat or missed expectations.

Future Mineral Resources Inc. (FMR.TO) reported earnings after the market close on October 29, 2026, for the fiscal period ended July 31. Calendar data lists EPS of -C$0.0292. No analyst estimate is available. The supplied figures also show trailing-12-month EPS of -C$0.04 and a 0.00% profit margin.

Recent earnings trend

Future Mineral Resources Inc.

FMR.TO

Full stock page →

FMR.TO

Future Mineral Resources Inc.

Source:WealthAwesomeWealthAwesome
↓ $0.15 (-51.72%)
120 day period
$0.14$0.25$0.36May 8Aug 7Nov 9

Market cap

$2.63M

52W high

$0.40

52W low

$0.14

1W change

-12.50%

Beta

2.42

Wealth Awesome Price Forecast

WA Model

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

HistoricalForecast68%95%
C$0.04C$0.11C$0.17C$0.24C$0.31C$0.38TodayJun 23Aug 31Nov 9Dec 22Feb 4Mar 19

30-Day Vol

92.1%

Annualized

90-Day Vol

86.6%

Annualized

Trend (90d)

-50.0%

Annualized drift

90d Mean

C$0.12

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$0.13C$0.10 – C$0.18
60 trading daysC$0.12C$0.08 – C$0.19
90 trading daysC$0.12C$0.07 – C$0.20

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

Analyst coverage is limited, so there’s no consensus estimate or comparable-quarter history for investors to use. In October, the company also flagged a delay to its audited annual filings and amended the terms for buying the remaining interest in its Polish nickel and zinc-lead projects. For Canadian investors, the loss is only part of the story. The filing delay and project financing terms matter too.

Investor takeaway: FMR reported EPS of -C$0.0292, with no estimate available for comparison. The supplied figures show negative trailing EPS and a 0.00% profit margin. Investors can watch for the delayed audited filings and updates on the amended Polish project purchase agreement. FMR.TO closed at C$0.14 on November 9, below its 50-day and 200-day moving averages. That market context doesn’t explain the earnings result.

EPS: -C$0.0292

That’s the reported calendar EPS for the period ended July 31, 2026. With no analyst estimate available, the result can’t be called a beat or a miss. FMR’s trailing-12-month EPS is -C$0.04.

Bull case

FMR amended its agreement to buy the remaining 52% of its Szklary nickel and Dabrowka zinc-lead project, extending the deadline to December 31, 2026. If the deal goes ahead and the projects advance, investors may get a clearer picture of the company’s development prospects. The available information doesn’t establish the projects’ economics or a production timeline.

Bear case

FMR is still reporting losses, and limited analyst coverage means there’s no consensus estimate to compare against. The company said it expected to miss the October 29 deadline for its audited annual statements because the audit started late. It expected to file by November 16 and was seeking a management cease trade order.

The amended C$2.6 million purchase payment will be made through secured promissory notes carrying 10% annual interest, adding to the company’s financing obligations. In the supplied market snapshot, the share price was down 41.67% over one month.

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

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.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

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 10, 2026
Last Updated: November 10, 2026

Core portfolio

Awesome Portfolio™

14.8% a year since 2017, against 9.7% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+14.8%

Awesome Portfolio™

+9.7%

S&P/TSX

+5.0 pp better a year

Total return

+254%

Awesome Portfolio™

+134%

S&P/TSX

+119 pp better than the TSX

2017-07-31 to 2026-09-29, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-29
-11.7%42.5%96.7%150.9%205.1%259.3%Jul 17Oct 19Feb 22Jun 24Sep 26