FTMDF
Price:
$0.0643
Market Cap:
$51.75M
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. 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 was incorporated in 1988 and is headquartered in London, Canada.
Industry
Industrial Materials
IPO Date
2010-06-09
Stock Exchange
OTC
Ticker
FTMDF
According to Fortune Minerals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.06. This represents a change of -64.45% compared to the average of 0.18 of the last 4 quarters.
The mean historical Current Ratio of Fortune Minerals Limited over the last ten years is 4.38. The current 0.06 Current Ratio has changed 42.93% with respect to the historical average. Over the past ten years (40 quarters), FTMDF's Current Ratio was at its highest in in the March 2017 quarter at 31.56. The Current Ratio was at its lowest in in the September 2023 quarter at 0.02.
Average
4.38
Median
1.65
Minimum
0.03
Maximum
17.43
Discovering the peaks and valleys of Fortune Minerals Limited 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 = 757.17%
Maximum Annual Current Ratio = 17.43
Minimum Annual Increase = -92.87%
Minimum Annual Current Ratio = 0.03
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.16 | 98.62% |
| 2023 | 0.08 | 171.20% |
| 2022 | 0.03 | -83.56% |
| 2021 | 0.18 | -92.87% |
| 2020 | 2.46 | -50.22% |
| 2019 | 4.94 | -58.11% |
| 2018 | 11.79 | -32.37% |
| 2017 | 17.43 | 193.05% |
| 2016 | 5.95 | 606.31% |
| 2015 | 0.84 | 757.17% |
The current Current Ratio of Fortune Minerals Limited (FTMDF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.09
5-year avg
0.58
10-year avg
4.38
Fortune Minerals Limited’s Current Ratio is less than DLP Resources Inc. (6.94), less than Cobalt Blue Holdings Limited (0.51), less than Winsome Resources Limited (3.21), less than Lion Copper and Gold Corp. (0.93), greater than West High Yield (W.H.Y.) Resources Ltd. (0.06), less than Sterling Metals Corp. (7.33), less than RecycLiCo Battery Materials Inc. (629.99), less than Colibri Resource Corporation (0.07), less than Zinnwald Lithium Plc (11.44), less than Wesizwe Platinum Limited (0.31),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.94 | $33.49M | |
| 0.51 | $38.38M | |
| 3.21 | $48.79M | |
| 0.93 | $57.85M | |
| 0.06 | $30.78M | |
| 7.33 | $44.22M | |
| 629.99 | $32.88M | |
| 0.07 | $4.55M | |
| 11.44 | $25.93M | |
| 0.31 | $41.01M |
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