Fortune Minerals Limited

FT

CA34967D1015

Diversified Mining

Market Closed - Toronto S.E. Other stock markets 01:29:56 21/06/2024 am IST			5-day change	1st Jan Change
0.085 ^CAD	0.00%		+6.25%	+112.50%

22/05	Fortune Minerals Inks Convertible Securities Funding Agreement for Up to $10 Million With Lind Partners	MT
22/05	Fortune Minerals Brief: Entering Into Convertible Securities Funding Agreement for Up to C$10 Million With Lind Partners	MT

Fortune Minerals Limited Reports Earnings Results for the First Quarter Ended March 31, 2024

May 15, 2024 at 01:56 am IST

Fortune Minerals Limited reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was CAD 0.020513 million compared to CAD 0.001363 million a year ago. Net loss was CAD 0.622926 million compared to CAD 0.686724 million a year ago.

Latest news about Fortune Minerals Limited

Fortune Minerals Inks Convertible Securities Funding Agreement for Up to $10 Million With Lind Partners	22/05	MT
Fortune Minerals Brief: Entering Into Convertible Securities Funding Agreement for Up to C$10 Million With Lind Partners	22/05	MT
Fortune Minerals and Lomiko Metals Hit 52 Week Highs As Both Awarded Funding From Canada and U.S. Governments	17/05	MT
Fortune Minerals Up 42% After Reporting Funding from Canada and the US for its NICO Critical Minerals Project Development	16/05	MT
Fortune Minerals Brief: Announcing U.S. Government Funding To Accelerate The NICO Critical Minerals Project Development	16/05	MT
Fortune Minerals Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	15/05	CI
Fortune Minerals Limited Announces Arrival of Samples at SGS Canada in Lakefield, Ontario for Metallurgical Testing	08/04	CI
Fortune Minerals Limited Reports Earnings Results for the Full Year Ended December 31, 2023	29/03	CI
Fortune Minerals Extends Option to Buy Alberta Refinery Site for NICO Critical Minerals Project; Up Over 14%	01/02	MT
Fortune Minerals Brief: Extending Option to Acquire Alberta Refinery Site for the NICO Critical Minerals Project	01/02	MT
Fortune Minerals Limited Extends Option to Acquire Alberta Refinery Site for the NICO Critical Minerals Project	01/02	CI
Fortune Minerals Limited announced that it has received CAD 0.88 million in funding	31/12	CI
Fortune Minerals Announces Government Funding to Advance the NICO Critical Minerals Asset in Canada	05/12	MT
Fortune Minerals Brief: Announcing Government Funding to Advance the NICO Critical Minerals Asset in Canada	05/12	MT
Fortune Minerals Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	10/11	CI
Fortune Minerals Surges 28% As Says Collaborating With Rio Tinto To Improve Recovery Of Cobalt, Bismuth	29/23/29	MT
Fortune Minerals Shares Jump With Rio Tinto Collaboration	29/23/29	DJ
Fortune Minerals Collaborating With Rio Tinto To Improve Recovery Of Cobalt, Bismuth	29/23/29	MT
Fortune Minerals Brief: Fortune Minerals and Rio Tinto Collaborating to Expand North American Critical Minerals Production	29/23/29	MT
Fortune Minerals and Rio Tinto Collaborate to Expand North American Critical Minerals Production	29/23/29	CI
Fortune Minerals Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	04/23/04	CI
Fortune Minerals Limited Auditor Raises 'Going Concern' Doubt	19/23/19	CI
Fortune Minerals Limited Reports Earnings Results for the First Quarter Ended March 31, 2023	19/23/19	CI
Fortune Minerals Brief: Confirmed Over the Weekend Year-end Filing Delay; Expects a Delay of Near Three Weeks For Completion of the Audit, Required To Complete the Annual Filings	03/23/03	MT
Fortune Minerals Warns of Potential Year-end Filing Delay, Reports Other Updates	24/23/24	MT

Chart Fortune Minerals Limited

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Company Profile

Fortune Minerals Limited is a Canada-based development stage mining company. The Company is focused on advancing the vertically integrated NICO cobalt-gold-bismuth-copper project. The project is located 160 kilometers (km) northwest of the city of Yellowknife in the Northwest Territories of Canada. The proposed mine is 85 km north of the highway to Edmonton, Alberta. Its other projects include Arctos Anthracite Project, Sue-Dianne Copper-Silver-Gold Deposit, Salkeld Lake and Camsell River. The Arctos coal licenses are located 330 km northeast of the Port of Prince Rupert. The Sue-Dianne copper-silver-gold deposit is contained in a 451 hectares (ha) lease located approximately 25 km north of the NICO deposit in the Mazenod Lake area. It has a 100% interest in Salkeld Lake property (116 ha), south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has 1% net smelter royalty covering 78 ha of land, located south of the Eldorado mining district at Great Bear Lake.

Sector

Diversified Mining

Calendar

26/06/2024 - Annual General Meeting

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Income Statement Evolution

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.085 CAD

Average target price

0.35 CAD

Spread / Average Target

+311.76%

Consensus

Sector Integrated Mining

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