FT : Fortune Minerals Limited Stock Profile

Last Updated: 3/12/2024 0:47:16

Fortune Minerals Limited trades with the ticker FT on the TSX and is in the Other Industrial Metals & Mining industry.

Overview
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 holds interest in Sue-Dianne and Salkeld Lake Property located in the Northwest Territories. Fortune Minerals Limited was incorporated in 1988 and is headquartered in London, Canada.
 

Looking to invest in Fortune Minerals Limited? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

FT.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $19.986MM

PE Ratio:

Price: 6.58 (Updated: 3/12/2024 0:47:16)



Fortune Minerals Limited (FT) vs Competitors in Other Industrial Metals & Mining

Lets see how FT.TO stacks up against others in the Other Industrial Metals & Mining asset management industry. We have identified its main peers as:

Almonty Industries Inc, Altius Minerals Corporation, Aquila Resources Inc, Ascendant Resources Inc, Auryn Resources Inc

.

Other Industrial Metals & Mining Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Almonty Industries Inc (AII) $142.672 N/A -183.262 N/A%
Altius Minerals Corporation (ALS) $888.413 49.658 16.638 1.7%
Aquila Resources Inc (AQA) $28.861 N/A 0.0 0.0%
Ascendant Resources Inc (ASND) $12.396 0.75 3.873 N/A%
Auryn Resources Inc (AUG) $347.59 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Other Industrial Metals & Mining

  • Fortune Minerals Limited (FT) vs Almonty Industries Inc (AII)
    • AII has higher EPS (-0.04 vs -0.09). AII and FT both have P/E’s under 0.
  • Fortune Minerals Limited (FT) vs Altius Minerals Corporation (ALS)
    • ALS has higher EPS (0.38 vs -0.09). ALS provides dividends, while FT does not. FT has a P/E under 0, indicating ALS (P/E 49.658) is in a better position.
  • Fortune Minerals Limited (FT) vs Aquila Resources Inc (AQA)
    • AQA has higher EPS (-0.024 vs -0.09). AQA provides dividends, while FT does not. AQA and FT both have P/E’s under 0.
  • Fortune Minerals Limited (FT) vs Ascendant Resources Inc (ASND)
    • ASND has higher EPS (0.08 vs -0.09). FT has a P/E under 0, indicating ASND (P/E 0.75) is in a better position.
  • Fortune Minerals Limited (FT) vs Auryn Resources Inc (AUG)
    • FT has higher EPS (-0.09 vs -0.185). AUG provides dividends, while FT does not. AUG and FT both have P/E’s under 0.

Our Recommendation: Review
May not stand out on key metrics or lacks sufficient data for a strong recommendation.
 

How to Buy FT stock on the TSX

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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