Fortune Minerals (FT) Stock Price Down 7.7%

Fortune Minerals Limited (TSE:FT) shares dropped 7.7% on Thursday . The stock traded as low as C$0.12 and last traded at C$0.12. Approximately 137,900 shares changed hands during trading, a decline of 76% from the average daily volume of 573,945 shares. The stock had previously closed at C$0.13.

The company has a debt-to-equity ratio of 10.36, a current ratio of 16.77 and a quick ratio of 16.64.

Fortune Minerals (TSE:FT) last released its quarterly earnings data on Monday, August 13th. The company reported C$0.02 earnings per share for the quarter. The firm had revenue of C$0.03 million for the quarter.

ILLEGAL ACTIVITY NOTICE: This report was originally posted by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are accessing this report on another domain, it was illegally copied and reposted in violation of US & international copyright & trademark law. The correct version of this report can be accessed at

Fortune Minerals Company Profile (TSE:FT)

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. It primarily holds a 100% interest in the NICO gold-cobalt-bismuth-copper project located in the Northwest Territories.

See Also: Trading Strategy Examples and Plans

Receive News & Ratings for Fortune Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortune Minerals and related companies with's FREE daily email newsletter.

Leave a Reply