FT.TO - Fortune Minerals Limited

Toronto - Toronto Delayed Price. Currency in CAD
0.0600
+0.0050 (+9.09%)
At close: 3:55PM EDT
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Previous Close0.0550
Open0.0550
Bid0.0500 x 0
Ask0.0600 x 0
Day's Range0.0550 - 0.0600
52 Week Range0.0400 - 0.1200
Volume105,125
Avg. Volume162,676
Market Cap21.573M
Beta (5Y Monthly)3.71
PE Ratio (TTM)N/A
EPS (TTM)-0.0120
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.31
  • Business Wire

    Fortune Minerals Provides NICO Project Update

    Fortune Minerals Limited (TSX:FT) (OTCQB:FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to provide an update of current activities toward development of the NICO Cobalt-Gold-Bismuth-Copper Project ("NICO Project") in Canada. The NICO Project consists of a planned mine and concentrator in the Northwest Territories, and a related refinery in southern Canada where the Company plans to process concentrates from the mine to value added metals and chemicals. The Mineral Reserves of the NICO Deposit contain cobalt and bismuth, both metals identified on the U.S. Government and European Union Critical Minerals Lists, plus more than one million ounces of gold and byproduct copper (see Fortune news release, dated April 2, 2014). Development of the NICO Project would provide a reliable North American vertically integrated supply of cobalt and bismuth to mitigate supply chain concerns from geopolitical risks and geographic concentration of supply in the Democratic Republic of Congo and China. Fortune is continuing discussions with potential strategic partners interested in the NICO development and participating in the supply chain for transformative automotive electrification with cobalt chemicals required to make the cathodes of lithium-ion batteries together with a highly liquid gold co-product.

  • Is Fortune Minerals (TSE:FT) A Risky Investment?
    Simply Wall St.

    Is Fortune Minerals (TSE:FT) A Risky Investment?

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