Fortune Minerals Limited (TSE:FT – Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as C$0.12 and last traded at C$0.12, with a volume of 2946715 shares traded. The stock had previously closed at C$0.11.
Fortune Minerals Price Performance
The firm has a market capitalization of C$76.04 million, a price-to-earnings ratio of -6.50 and a beta of -1.75. The company’s 50 day moving average is C$0.09 and its 200 day moving average is C$0.09. The company has a quick ratio of 0.04, a current ratio of 0.39 and a debt-to-equity ratio of -111.61.
Fortune Minerals (TSE:FT – Get Free Report) last issued its quarterly earnings data on Friday, November 14th. The company reported C$0.00 earnings per share for the quarter. Fortune Minerals had a negative net margin of 13,690.93% and a positive return on equity of 30.09%.
About Fortune Minerals
Fortune Minerals Ltd is a Canadian mining and mine development company focused on developing the NICO Cobalt-Gold-Bismuth Copper Project in the Northwest Territories. The company plans to build a hydrometallurgical plant in southern Canada to process NICO metal concentrates. It also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life.
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