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Last update at 2025-02-04T17:36:00Z
Fortune Minerals Limited Announces C$5 Million Bought Deal Financing
Wed 15 Feb 17, 01:12 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | -32.96927M | -2.41322M | -1.71566M | -2.69399M | 8.55M |
Minority interest | - | - | - | - | - |
Net income | -61.70373M | -2.30677M | -1.18517M | -2.70981M | 8.55M |
Selling general administrative | 1.50M | 1.17M | 0.98M | 1.51M | 2.09M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | -0.05814M | -0.06089M | -0.02642M | -0.02049M | -0.02225M |
Reconciled depreciation | 0.06M | 0.06M | 0.03M | 0.02M | 0.02M |
Ebit | -2.12749M | -0.95086M | -0.90414M | -1.49316M | 9.62M |
Ebitda | -2.06935M | -0.88998M | -0.87772M | -1.47267M | 9.64M |
Depreciation and amortization | 0.06M | 0.06M | 0.03M | 0.02M | 0.02M |
Non operating income net other | - | - | - | - | - |
Operating income | -2.12749M | -0.95086M | -0.90414M | -1.49316M | -2.11233M |
Other operating expenses | 2.14M | 1.23M | 1.01M | 1.54M | 2.11M |
Interest expense | 2.11M | 1.57M | 1.34M | 1.19M | 1.07M |
Tax provision | - | - | - | - | - |
Interest income | 0.90M | 1.46M | 0.80M | 0.31M | 10.66M |
Net interest income | -2.09829M | -1.56558M | -1.32604M | -1.14856M | -0.97791M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 28.73M | -0.10644M | -0.53049M | 0.02M | 0.00000M |
Total revenue | 0.00000M | 0.00000M | 0.00000M | 0.00000M | 0.00000M |
Total operating expenses | 2.08M | 1.17M | 0.98M | 1.51M | 2.09M |
Cost of revenue | 0.06M | 0.06M | 0.03M | 0.02M | 0.02M |
Total other income expense net | -30.84177M | -1.46235M | -0.81152M | -1.20084M | 10.66M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | -32.96927M | -2.41322M | -1.71566M | -2.69399M | 8.55M |
Net income applicable to common shares | -32.96927M | -2.41322M | -1.71566M | -2.69399M | 8.55M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 1.56M | 46.45M | 78.61M | 76.34M | 76.81M |
Intangible assets | 0.00000M | 0.00607M | 0.00933M | 0.01M | 0.02M |
Earning assets | - | - | - | - | - |
Other current assets | 0.06M | 0.03M | 0.09M | 0.03M | 0.03M |
Total liab | 10.02M | 8.57M | 14.75M | 12.16M | 11.05M |
Total stockholder equity | -8.46397M | 37.87M | 63.86M | 64.18M | 65.77M |
Deferred long term liab | - | - | - | - | - |
Other current liab | 0.43M | 0.24M | 0.44M | 0.19M | 0.18M |
Common stock | 182.03M | 180.53M | 174.43M | 172.54M | 172.41M |
Capital stock | 182.03M | 180.53M | 174.43M | 172.54M | 172.41M |
Retained earnings | -207.75096M | -159.35264M | -126.38338M | -123.97016M | -122.25450M |
Other liab | - | - | 1.22M | 1.34M | 1.88M |
Good will | - | - | - | - | - |
Other assets | - | 0.15M | 0.15M | 0.20M | 0.19M |
Cash | 0.67M | 0.08M | 1.80M | 1.08M | 2.10M |
Cash and equivalents | - | 0.08M | 1.80M | 1.08M | 2.10M |
Total current liabilities | 9.72M | 8.27M | 11.91M | 0.50M | 0.54M |
Current deferred revenue | 0.20M | - | - | 0.27M | 0.36M |
Net debt | 8.78M | 8.23M | 11.28M | 9.26M | 6.52M |
Short term debt | 9.29M | 8.03M | 11.47M | 0.04M | 0.00000M |
Short long term debt | 9.27M | 7.98M | 11.43M | - | - |
Short long term debt total | 9.46M | 8.31M | 13.08M | 10.34M | 8.63M |
Other stockholder equity | - | - | 16.17M | 15.64M | 15.62M |
Property plant equipment | - | 46.05M | 76.36M | 74.90M | 73.92M |
Total current assets | 0.76M | 0.24M | 2.09M | 1.23M | 2.68M |
Long term investments | - | - | - | - | - |
Net tangible assets | - | - | 63.85M | 64.17M | 65.74M |
Short term investments | - | - | - | - | - |
Net receivables | 0.03M | 0.08M | 0.19M | 0.07M | 0.49M |
Long term debt | - | 0.06M | 1.34M | 10.01M | 8.63M |
Inventory | - | - | - | - | - |
Accounts payable | -0.20143M | - | 0.44M | 0.19M | 0.18M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 17.26M | 16.69M | 15.81M | 15.61M | 15.61M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | 172.54M | 172.41M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 0.20M | 0.15M | 0.15M | 0.20M | 0.19M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 0.80M | 46.21M | 76.52M | 75.11M | 74.14M |
Capital lease obligations | 0.22M | 0.27M | 0.31M | 0.35M | - |
Long term debt total | - | 0.28M | 1.61M | 10.32M | 8.63M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -0.72633M | -1.36946M | -0.64680M | -1.06555M | -3.74442M |
Change to liabilities | - | 0.25M | -0.00125M | -0.14210M | -0.18454M |
Total cashflows from investing activities | -0.72633M | -1.36946M | -0.64680M | -1.06555M | -3.74442M |
Net borrowings | - | 1.47M | 0.06M | 0.06M | 0.06M |
Total cash from financing activities | 0.20M | 2.91M | 0.19M | 1.48M | 0.63M |
Change to operating activities | - | 0.60M | 0.56M | 0.53M | 0.48M |
Net income | -32.96927M | -2.41322M | -1.71566M | -2.69399M | 8.55M |
Change in cash | -1.72427M | 0.72M | -1.02602M | -1.50633M | -4.91334M |
Begin period cash flow | 1.80M | 1.08M | 2.10M | 3.61M | 8.52M |
End period cash flow | 0.08M | 1.80M | 1.08M | 2.10M | 3.61M |
Total cash from operating activities | -1.20226M | -0.81459M | -0.56822M | -1.92259M | -1.80331M |
Issuance of capital stock | 0.22M | - | 0.13M | - | - |
Depreciation | 0.06M | 0.06M | 0.03M | 0.02M | 0.02M |
Other cashflows from investing activities | -0.00120M | 0.04M | -0.00153M | -0.00308M | -0.00227M |
Dividends paid | - | - | - | - | - |
Change to inventory | - | - | - | - | - |
Change to account receivables | 0.11M | -0.12550M | 0.42M | -0.39146M | 0.14M |
Sale purchase of stock | 0.26M | 1.43M | 0.13M | 1.48M | 0.14M |
Other cashflows from financing activities | 1.23M | 2.91M | 0.06M | -1.06555M | 0.63M |
Change to netincome | - | -0.12067M | -0.61840M | -1.37907M | -11.38060M |
Capital expenditures | 0.34M | 0.09M | 0.05M | 0.66M | 1.28M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | 0.85M | 0.73M | 0.98M | -0.00476M | 0.43M |
Stock based compensation | 0.59M | 0.30M | 0.00000M | 0.08M | 0.26M |
Other non cash items | 30.27M | 0.51M | 0.14M | 0.67M | -11.06692M |
Free cash flow | -1.54132M | -0.90804M | -0.61456M | -2.57887M | -3.08219M |
Sector: Basic Materials Industry: Other Industrial Metals & Mining
Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|
FT Fortune Minerals Limited |
- -% | 0.05 | - | - | 210.54 | 0.54 | -312.2212 |
IVN Ivanhoe Mines Ltd. |
0.83 5.49% | 15.96 | 109.35 | 21.37 | - | 3.68 | 130.80 |
NGEX NGEx Minerals Ltd. |
0.53 4.10% | 13.45 | - | - | - | - | |
FOM Foran Mining Corporation |
0.17 4.63% | 3.84 | - | - | - | 2.08 | -131.2641 |
SKE Skeena Resources Ltd |
0.27 1.88% | 14.66 | - | - | - | 8.01 | -4.0329 |
Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company explores for gold, cobalt, bismuth, copper, silver, lead, and zinc deposits. Its primary asset is the NICO gold-cobalt-bismuth-copper project covering an area of 5,140 hectares located in the Northwest Territories. The company holds interest in Sue-Dianne and Salkeld Lake Property located in the Northwest Territories. Fortune Minerals Limited was incorporated in 1988 and is headquartered in London, Canada.
617 Wellington Street, London, ON, Canada, N6A 3R6
Name | Title | Year Born |
---|---|---|
Mr. Robin Ellis Goad M.Sc., P.Geo. | Co-Founder, Pres, CEO & Director | 1958 |
Ms. Patricia Penney B.Comm (Hon), C.A., CPA, CPA | Interim Chief Financial Officer | NA |
Mr. Glen Koropchuk B.Sc., M.Sc., P.Eng. | Technical Director & Director | 1962 |
Mr. Troy D. Nazarewicz CIM, CPIR | Investor Relations Mang. | NA |
Mr. David Allan Knight B.A., L.L.B., LL.B. | Corp. Sec. | 1955 |
Mr. Robin Ellis Goad M.Sc., P.Geo. | Co-Founder, President, CEO & Director | 1958 |
Mr. Troy D. Nazarewicz CIM, CPIR | Investor Relations Manager | NA |
Alex Mezei P.Eng. | Chief Metallurgist | NA |
Mr. David Allan Knight B.A., L.L.B., LL.B. | Corporate Secretary | 1955 |
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