FTBYF
Price:
$0.5093
Market Cap:
$48.33M
Fortune Bay Corp. engages in the acquisition, exploration, and development of mineral resources, with a primary focus on identifying gold deposits. The company's significant holdings include a 100% interest in the Goldfields project, which spans approximately 5,000 hectares across 12 mineral dispositions in northern Saskatchewan, Canada. Additionally, its Canadian portfolio features two uranium initiatives in northern Saskatchewan: the Strike Uranium project, encompassing four dispositions over roughly 10,000 hectares near Uranium City, and the Murmac Uranium project, covering about 5,300 hectares through 10 mineral claims. Beyond Canada, Fortune Bay operates the Ixhuatán project in Mexico, ...[Read more]
Industry
Gold
IPO Date
2016-08-05
Stock Exchange
OTC
Ticker
FTBYF
According to Fortune Bay Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 4.90. This represents a change of 8.19% compared to the average of 4.53 of the last 4 quarters.
The mean historical Current Ratio of Fortune Bay Corp. over the last ten years is 3.15. The current 4.90 Current Ratio has changed 15.47% with respect to the historical average. Over the past ten years (40 quarters), FTBYF's Current Ratio was at its highest in in the December 2021 quarter at 10.17. The Current Ratio was at its lowest in in the March 2020 quarter at 0.05.
Average
3.15
Median
2.08
Minimum
0.08
Maximum
10.17
Discovering the peaks and valleys of Fortune Bay Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 5.80%
Maximum Annual Current Ratio = 10.17
Minimum Annual Increase = -92.58%
Minimum Annual Current Ratio = 0.08
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 7.18 | 1.18% |
| 2024 | 0.56 | -32.77% |
| 2023 | 0.83 | -76.86% |
| 2022 | 3.60 | -64.64% |
| 2021 | 10.17 | 111.99% |
| 2020 | 4.80 | 5.80% |
| 2019 | 0.08 | -87.62% |
| 2018 | 0.66 | 166.13% |
| 2017 | 0.25 | -92.58% |
| 2016 | 3.33 | 52.67% |
The current Current Ratio of Fortune Bay Corp. (FTBYF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.86
5-year avg
4.47
10-year avg
3.15
Fortune Bay Corp.’s Current Ratio is less than Altamira Gold Corp. (16.52), less than K2 Gold Corporation (59.20), greater than Angkor Resources Corp. (1.74), greater than Freeman Gold Corp. (3.94), greater than Novo Resources Corp. (1.05), less than Ridgeline Minerals Corp. (22.30), greater than Inventus Mining Corp. (1.58), greater than Galleon Gold Corp. (3.55), greater than TriStar Gold, Inc. (1.12), less than Endurance Gold Corporation (24.88),
| Company | Current Ratio | Market cap |
|---|---|---|
| 16.52 | $37.79M | |
| 59.20 | $76.52M | |
| 1.74 | $50.48M | |
| 3.94 | $55.13M | |
| 1.05 | $16.99M | |
| 22.30 | $18.46M | |
| 1.58 | $49.51M | |
| 3.55 | $56.05M | |
| 1.12 | $38.02M | |
| 24.88 | $70.01M |
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