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Company price
1.17 CAD -0.03 ( 2.50%)
Last update at 2026-11-03T15:16:00Z
VOLUME
500
Market Cap
92.77M

Momentum Score

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Forte Minerals Corp., a mining exploration company, engages in the acquisition, exploration, and development of copper and gold projects in Peru. It explores for gold, copper, and molybdenum deposits. The company was formerly known as Forte Copper Corp. and changed its name to Forte Minerals Corp. in April 2021. Forte Minerals Corp. was incorporated in 2011 and is headquartered in Vancouver, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
1.17
Low
1.17
High
52 Week Price Range
0.38
Low
1.95
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Forte Minerals Corp is a Canadian-listed mineral exploration company that appears focused on early-stage precious and base metals projects. Its long-term growth may be driven by successful drilling results, rising commodity prices and the ability to secure project financing or strategic partnerships, which could support upside for investors seeking early-stage metal exposure.

Key investment risks include limited public information and operating history, geological uncertainty inherent to exploration, the need for continual financing, low trading liquidity and sensitivity to commodity prices and permitting or regulatory outcomes.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
1.20
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-44.58%
Net Debt
-
ROCE
-56.88%
Diluted EPS TTM
-0.06

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -1.64M -1.15M -1.39M -0.51M -0.85M
Net income -1.64M -1.15M -1.39M -0.51M -0.85M
Selling general administrative 0.62M 0.40M 0.48M 0.29M 0.56M
Ebit - - -1.41M -0.52M -0.88M
Operating income -1.51M -1.17M -1.41M -0.52M -0.88M
Interest expense - - - 0.00M 0.00M
Interest income 0.02M 0.02M 0.03M 0.00M 0.00M
Net interest income 0.02M 0.02M 0.03M 0.00M 0.00M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 1.51M 1.17M 1.41M 0.52M 0.88M
Total other income expense net -0.15M 0.00M -0.00M 0.00M 0.03M
Net income from continuing ops -1.64M -1.15M -1.39M -0.51M -0.85M
Net income applicable to common shares - - - -0.51M -0.85M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 2.83M 1.21M 2.48M 1.40M 1.87M
Total liab 0.17M 0.05M 0.06M 0.19M 0.15M
Total stockholder equity 2.66M 1.16M 2.41M 1.21M 1.73M
Deferred long term liab - - - 0.17M -
Other current liab - - - 0.05M -
Common stock - - - 4.24M 4.24M
Capital stock 9.38M 6.52M 6.61M 4.24M 4.24M
Retained earnings -7.24M -5.72M -4.72M -3.33M -2.82M
Other assets - - - 0.30M 0.12M
Cash 1.12M 0.15M 1.35M 0.14M 0.78M
Total current liabilities 0.17M 0.05M 0.06M 0.19M 0.15M
Short long term debt - - - 0.02M 0.02M
Other stockholder equity - - - 0.30M 0.31M
Property plant equipment - - - 0.95M 0.95M
Total current assets 1.19M 0.27M 1.53M 0.15M 0.81M
Net tangible assets - - - 1.21M 1.73M
Net receivables 0.02M 0.01M 0.01M 0.01M 0.02M
Accounts payable - - - 0.12M 0.13M
Non current assets total 1.64M 0.95M 0.95M 1.25M 1.07M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -0.04M 0.00M - -0.00M -0.22M
Change to liabilities - - - -0.02M 0.09M
Total cashflows from investing activities - - - - -0.22M
Net borrowings 0.00M 0.03M -0.02M 0.00M -
Total cash from financing activities 2.08M 0.03M 2.56M -0.11M 1.28M
Change to operating activities - - - 0.00M -0.00M
Net income -1.64M -1.15M -1.39M -0.51M -0.85M
Change in cash 0.97M -1.19M 1.20M -0.63M 0.58M
Begin period cash flow 0.15M 1.35M 0.14M 0.78M 0.20M
End period cash flow 1.12M 0.15M 1.35M 0.14M 0.78M
Total cash from operating activities -1.07M -1.21M -1.37M -0.52M -0.46M
Issuance of capital stock 1.79M 0.00M 2.88M 2.88M 1.35M
Change to account receivables -0.01M -0.00M 0.00M 0.02M -0.02M
Other cashflows from financing activities - - - -0.11M -0.08M
Change to netincome - - - -0.00M 0.32M
Capital expenditures 0.04M 0.00M 0.00M 0.00M 0.00M
Change in working capital 0.19M -0.07M -0.08M -0.00M 0.07M
Stock based compensation 0.23M 0.00M 0.11M 0.03M 0.32M
Other non cash items 0.02M 0.01M -0.02M -0.00M -0.00M
Free cash flow -1.11M -1.21M -1.37M -0.52M -0.46M

Peer Comparison*

Sector: Basic Materials Industry: Other Precious Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
CUAU
Forte Minerals Corp
-0.03
2.50%
1.17 - - - 9.36 -3.03
EMPS
EMP Metals Corp.
-0.01
4.69%
0.30 - - - 2.02 -16.96
ESAU
ESGold Corp.
-
-%
0.46 - - - 2.91 -1.06
PAU
Provenance Gold Corp
0.01
4.00%
0.13 - - - 4.79 -9.69
AUCU
Inflection Resources Ltd
-
-%
0.14 - - - 2.20 -12.92

Profile*

Forte Minerals Corp

Forte Minerals Corp., a mining exploration company, engages in the acquisition, exploration, and development of copper and gold projects in Peru. It explores for gold, copper, and molybdenum deposits. The company was formerly known as Forte Copper Corp. and changed its name to Forte Minerals Corp. in April 2021. Forte Minerals Corp. was incorporated in 2011 and is headquartered in Vancouver, Canada.

409 Granville Street, Vancouver, BC, Canada, V6C 1T2

604-983-8847

Name Title Year Born
Mr. Patrick Elliott M.B.A., M.Sc. President, CEO & Director NA
Ms. Jasmine W. C. Lau B.Com., C.A., CPA Chief Financial Officer NA
Ms. Anna Dalaire VP of Corporate Development & Corporate Secretary 1978

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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