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FMP (Fortune Minerals Limited) Stock Analysis
Buy, Hold or Sell?

Let's analyze Fortune Minerals Limited together

I guess you are interested in Fortune Minerals Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – Fortune Minerals Limited’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Fortune Minerals Limited’s Price Targets

I'm going to help you getting a better view of Fortune Minerals Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Fortune Minerals Limited (30 sec.)










1.2. What can you expect buying and holding a share of Fortune Minerals Limited? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€-0.01
Expected worth in 1 year
€-0.02
How sure are you?
44.1%

+ What do you gain per year?

Total Gains per Share
€0.00
Return On Investment
-8.1%

For what price can you sell your share?

Current Price per Share
€0.04
Expected price per share
€0.03 - €0.05
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Fortune Minerals Limited (5 min.)




Live pricePrice per Share (EOD)
€0.04
Intrinsic Value Per Share
€-0.01 - €-0.01
Total Value Per Share
€-0.02 - €-0.02

2.2. Growth of Fortune Minerals Limited (5 min.)




Is Fortune Minerals Limited growing?

Current yearPrevious yearGrowGrow %
How rich?-$8.3m$10.3m-$18.1m-233.7%

How much money is Fortune Minerals Limited making?

Current yearPrevious yearGrowGrow %
Making money-$718.4k-$550.6k-$167.8k-23.4%
Net Profit Margin0.0%0.0%--

How much money comes from the company's main activities?

2.3. Financial Health of Fortune Minerals Limited (5 min.)




2.4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#786 / 801

Most Revenue
#737 / 801

Most Profit
#416 / 801

Most Efficient
#263 / 801
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Fortune Minerals Limited?

Welcome investor! Fortune Minerals Limited's management wants to use your money to grow the business. In return you get a share of Fortune Minerals Limited.

First you should know what it really means to hold a share of Fortune Minerals Limited. And how you can make/lose money.

Speculation

The Price per Share of Fortune Minerals Limited is €0.035. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Fortune Minerals Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Fortune Minerals Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €-0.01. Based on the TTM, the Book Value Change Per Share is €0.00 per quarter. Based on the YOY, the Book Value Change Per Share is €-0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Fortune Minerals Limited.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 β‚¬% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share€% of Price per Share
Usd Eps0.00-3.8%0.00-3.8%0.00-2.9%0.00-3.3%0.00-2.7%0.00-2.1%
Usd Book Value Change Per Share0.00-0.6%0.00-2.4%-0.02-45.3%-0.01-24.4%-0.01-15.0%0.00-1.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-0.6%0.00-2.4%-0.02-45.3%-0.01-24.4%-0.01-15.0%0.00-1.3%
Usd Price Per Share0.03-0.04-0.03-0.04-0.06-0.08-
Price to Earnings Ratio-5.72--9.30--7.34--9.93--4.04--4.26-
Price-to-Total Gains Ratio-151.33--159.26--47.97--103.45--46.21-5.96-
Price to Book Ratio-1.93--2.60--0.88--1.34--0.42-0.33-
Price-to-Total Gains Ratio-151.33--159.26--47.97--103.45--46.21-5.96-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.041377
Number of shares24168
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.00-0.01
Usd Total Gains Per Share0.00-0.01
Gains per Quarter (24168 shares)-20.14-126.52
Gains per Year (24168 shares)-80.57-506.08
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-81-910-506-516
20-161-1720-1012-1022
30-242-2530-1518-1528
40-322-3340-2024-2034
50-403-4150-2530-2540
60-483-4960-3036-3046
70-564-5770-3543-3552
80-645-6580-4049-4058
90-725-7390-4555-4564
100-806-8200-5061-5070

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%0.012.00.00.0%3.017.00.015.0%9.025.00.026.5%9.025.00.026.5%
Book Value Change Per Share0.04.00.00.0%1.011.00.08.3%5.015.00.025.0%15.019.00.044.1%15.019.00.044.1%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.034.00.0%0.00.034.00.0%
Total Gains per Share0.04.00.00.0%1.011.00.08.3%5.015.00.025.0%15.019.00.044.1%15.019.00.044.1%
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3.2. Key Performance Indicators

The key performance indicators of Fortune Minerals Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.000-0.001+318%-0.013+7864%-0.007+4185%-0.004+2528%0.000+131%
Book Value Per Share---0.013-0.012-7%0.016-181%0.016-181%0.039-134%0.051-126%
Current Ratio--0.1020.172-41%0.050+103%0.090+14%0.742-86%6.096-98%
Debt To Asset Ratio--3.7504.122-9%3.916-4%3.521+7%2.183+72%1.360+176%
Debt To Equity Ratio----0%0.128-100%0.100-100%0.145-100%0.180-100%
Dividend Per Share----0%-0%-0%-0%-0%
Enterprise Value--3993371.3557891996.961-49%7622230.419-48%11362464.048-65%18288641.898-78%27428374.632-85%
Eps---0.001-0.001+2%-0.001-22%-0.001-13%-0.001-28%-0.001-43%
Free Cash Flow Per Share---0.001-0.001-2%0.000-21%0.000-18%0.000-29%0.000-33%
Free Cash Flow To Equity Per Share---0.0010.000-329%0.000-99%0.000-570%0.000-541%0.000-542%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---0.011----------
Intrinsic Value_10Y_min---0.010----------
Intrinsic Value_1Y_max---0.002----------
Intrinsic Value_1Y_min---0.002----------
Intrinsic Value_3Y_max---0.005----------
Intrinsic Value_3Y_min---0.004----------
Intrinsic Value_5Y_max---0.007----------
Intrinsic Value_5Y_min---0.007----------
Market Cap18753454.720+27%13663231.29616677179.376-18%13663231.2960%18664152.555-27%26000325.437-47%35421966.533-61%
Net Profit Margin----0%-0%-0%-0%-0%
Operating Margin----0%-0%-0%-0%-0%
Operating Ratio----0%-0%-0%-0%-0%
Pb Ratio-2.645-37%-1.927-2.602+35%-0.879-54%-1.338-31%-0.421-78%0.328-688%
Pe Ratio-7.844-37%-5.715-9.295+63%-7.336+28%-9.931+74%-4.041-29%-4.263-25%
Price Per Share0.035+27%0.0260.031-18%0.0260%0.035-27%0.049-47%0.066-61%
Price To Free Cash Flow Ratio-15.861-37%-11.556-4.811-58%-14.510+26%-17.201+49%-21.516+86%-10.560-9%
Price To Total Gains Ratio-207.701-37%-151.325-159.264+5%-47.972-68%-103.453-32%-46.205-69%5.957-2640%
Quick Ratio--0.0230.037-39%0.003+693%0.016+45%0.046-51%0.191-88%
Return On Assets---0.232-0.279+20%-0.274+18%-3.080+1229%-1.851+699%-1.091+371%
Return On Equity----0%-0.0110%-0.0070%-0.0080%-0.0080%
Total Gains Per Share--0.000-0.001+318%-0.013+7864%-0.007+4185%-0.004+2528%0.000+131%
Usd Book Value---8383361.112-7755923.468-7%10370891.633-181%10397060.270-181%24667091.082-134%32566321.166-126%
Usd Book Value Change Per Share--0.000-0.001+318%-0.016+7864%-0.009+4185%-0.005+2528%0.000+131%
Usd Book Value Per Share---0.016-0.014-7%0.019-181%0.019-181%0.046-134%0.061-126%
Usd Dividend Per Share----0%-0%-0%-0%-0%
Usd Enterprise Value--4720963.6169329918.807-49%9011000.801-48%13432704.997-65%21620832.451-78%32425824.490-85%
Usd Eps---0.001-0.001+2%-0.001-22%-0.001-13%-0.001-28%-0.001-43%
Usd Free Cash Flow---349454.089-341435.722-2%-277165.910-21%-284966.541-18%-248959.240-29%-144812.774-59%
Usd Free Cash Flow Per Share---0.001-0.001-2%-0.001-21%-0.001-18%0.000-29%0.000-33%
Usd Free Cash Flow To Equity Per Share---0.0010.000-329%0.000-99%0.000-570%0.000-541%0.000-542%
Usd Market Cap22170334.170+27%16152672.03819715761.458-18%16152672.0380%22064761.150-27%30737584.731-47%41875848.835-61%
Usd Price Per Share0.041+27%0.0300.037-18%0.0300%0.041-27%0.057-47%0.078-61%
Usd Profit---706564.458-718432.019+2%-550623.105-22%-2464305.781+249%-1621402.606+129%-1055485.030+49%
Usd Revenue----0%-0%-0%-0%-0%
Usd Total Gains Per Share--0.000-0.001+318%-0.016+7864%-0.009+4185%-0.005+2528%0.000+131%
 EOD+6 -2MRQTTM+12 -17YOY+11 -193Y+11 -195Y+10 -2010Y+11 -19

3.3 Fundamental Score

Let's check the fundamental score of Fortune Minerals Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-7.844
Price to Book Ratio (EOD)Between0-1-2.645
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.023
Current Ratio (MRQ)Greater than10.102
Debt to Asset Ratio (MRQ)Less than13.750
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.05-0.232
Total1/10 (10.0%)

3.4 Technical Score

Let's check the technical score of Fortune Minerals Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.035
Total0/1 (0.0%)

4. In-depth Analysis

4.1 About Fortune Minerals Limited

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 also holds 100% interest in Sue-Dianne covering an area of 451 hectares; and Salkeld Lake Property that covers an area of 116 hectares located in the Northwest Territories. Fortune Minerals Limited was incorporated in 1988 and is headquartered in London, Canada.

Fundamental data was last updated by Penke on 2025-08-19 15:14:03.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is unable to pay all its debts by selling its assets.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ Fortune Minerals Limited earns for each €1 of revenue.

  • Above 10% is considered healthy but always compareΒ Fortune Minerals Limited to theΒ Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of 0.0%Β means thatΒ €0.00 for each €1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Fortune Minerals Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--75.5%+75.5%
TTM--73.4%+73.4%
YOY--85.7%+85.7%
3Y--128.0%+128.0%
5Y--159.7%+159.7%
10Y--602.5%+602.5%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Fortune Minerals Limited is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Fortune Minerals Limited to theΒ Other Industrial Metals & Mining industry mean.
  • -23.2% Return on Assets means thatΒ Fortune Minerals Limited generatedΒ €-0.23 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Fortune Minerals Limited:

  • The MRQ is -23.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -27.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-23.2%TTM-27.9%+4.7%
TTM-27.9%YOY-27.4%-0.5%
TTM-27.9%5Y-185.1%+157.2%
5Y-185.1%10Y-109.1%-76.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-23.2%-6.2%-17.0%
TTM-27.9%-6.9%-21.0%
YOY-27.4%-6.3%-21.1%
3Y-308.0%-8.0%-300.0%
5Y-185.1%-7.9%-177.2%
10Y-109.1%-12.9%-96.2%
4.3.1.3. Return on Equity

Shows how efficient Fortune Minerals Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ Fortune Minerals Limited to theΒ Other Industrial Metals & Mining industry mean.
  • 0.0% Return on Equity means Fortune Minerals Limited generated €0.00Β for eachΒ €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Fortune Minerals Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-1.1%+1.1%
TTM-5Y-0.8%+0.8%
5Y-0.8%10Y-0.8%+0.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--6.4%+6.4%
TTM--7.3%+7.3%
YOY-1.1%-6.7%+5.6%
3Y-0.7%-9.4%+8.7%
5Y-0.8%-9.2%+8.4%
10Y-0.8%-13.5%+12.7%
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4.3.2. Operating Efficiency of Fortune Minerals Limited.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Fortune Minerals Limited is operatingΒ .

  • Measures how much profit Fortune Minerals Limited makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Fortune Minerals Limited to theΒ Other Industrial Metals & Mining industry mean.
  • An Operating Margin of 0.0%Β means the company generated €0.00 Β for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Fortune Minerals Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--678.3%+678.3%
TTM--487.5%+487.5%
YOY--322.9%+322.9%
3Y--170.3%+170.3%
5Y--190.2%+190.2%
10Y--614.7%+614.7%
4.3.2.2. Operating Ratio

Measures how efficient Fortune Minerals Limited is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are €0.00 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Fortune Minerals Limited:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.374-2.374
TTM-2.221-2.221
YOY-2.032-2.032
3Y-2.255-2.255
5Y-3.273-3.273
10Y-6.964-6.964
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4.4.3. Liquidity of Fortune Minerals Limited.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Fortune Minerals Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 0.10Β means the company has €0.10 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Fortune Minerals Limited:

  • The MRQ is 0.102. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.172. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.102TTM0.172-0.070
TTM0.172YOY0.050+0.122
TTM0.1725Y0.742-0.570
5Y0.74210Y6.096-5.354
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1021.754-1.652
TTM0.1721.890-1.718
YOY0.0502.440-2.390
3Y0.0903.063-2.973
5Y0.7423.985-3.243
10Y6.0964.516+1.580
4.4.3.2. Quick Ratio

Measures if Fortune Minerals Limited is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Fortune Minerals Limited to theΒ Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 0.02Β means the company can pay off €0.02 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Fortune Minerals Limited:

  • The MRQ is 0.023. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.037. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.023TTM0.037-0.014
TTM0.037YOY0.003+0.034
TTM0.0375Y0.046-0.009
5Y0.04610Y0.191-0.145
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0230.736-0.713
TTM0.0370.766-0.729
YOY0.0031.477-1.474
3Y0.0161.744-1.728
5Y0.0462.409-2.363
10Y0.1913.213-3.022
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4.5.4. Solvency of Fortune Minerals Limited.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of Fortune Minerals LimitedΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Fortune Minerals Limited to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 3.75Β means that Fortune Minerals Limited assets areΒ financed with 375.0% credit (debt) and the remaining percentage (100% - 375.0%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of Fortune Minerals Limited:

  • The MRQ is 3.750. The company is unable to pay all its debts by selling its assets. -2
  • The TTM is 4.122. The company is unable to pay all its debts by selling its assets. -2
Trends
Current periodCompared to+/- 
MRQ3.750TTM4.122-0.372
TTM4.122YOY3.916+0.206
TTM4.1225Y2.183+1.939
5Y2.18310Y1.360+0.823
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ3.7500.210+3.540
TTM4.1220.216+3.906
YOY3.9160.190+3.726
3Y3.5210.202+3.319
5Y2.1830.223+1.960
10Y1.3600.263+1.097
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Fortune Minerals Limited is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Fortune Minerals Limited to theΒ Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 0.0% means that company has €0.00 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Fortune Minerals Limited:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.128-0.128
TTM-5Y0.145-0.145
5Y0.14510Y0.180-0.035
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.178-0.178
TTM-0.191-0.191
YOY0.1280.192-0.064
3Y0.1000.209-0.109
5Y0.1450.226-0.081
10Y0.1800.276-0.096
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every €1 in earnings Fortune Minerals Limited generates.

  • Above 15 is considered overpriced butΒ always compareΒ Fortune Minerals Limited to theΒ Other Industrial Metals & Mining industry mean.
  • A PE ratio of -5.72 means the investor is paying €-5.72Β for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Fortune Minerals Limited:

  • The EOD is -7.844. Based on the earnings, the company is expensive. -2
  • The MRQ is -5.715. Based on the earnings, the company is expensive. -2
  • The TTM is -9.295. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-7.844MRQ-5.715-2.129
MRQ-5.715TTM-9.295+3.580
TTM-9.295YOY-7.336-1.959
TTM-9.2955Y-4.041-5.254
5Y-4.04110Y-4.263+0.222
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-7.844-5.577-2.267
MRQ-5.715-5.127-0.588
TTM-9.295-4.970-4.325
YOY-7.336-7.105-0.231
3Y-9.931-8.243-1.688
5Y-4.041-10.457+6.416
10Y-4.263-11.645+7.382
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Fortune Minerals Limited:

  • The EOD is -15.861. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -11.556. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -4.811. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-15.861MRQ-11.556-4.305
MRQ-11.556TTM-4.811-6.744
TTM-4.811YOY-14.510+9.699
TTM-4.8115Y-21.516+16.704
5Y-21.51610Y-10.560-10.956
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-15.861-6.658-9.203
MRQ-11.556-5.673-5.883
TTM-4.811-6.273+1.462
YOY-14.510-7.424-7.086
3Y-17.201-8.998-8.203
5Y-21.516-12.178-9.338
10Y-10.560-14.607+4.047
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Fortune Minerals Limited is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of -1.93 means the investor is paying €-1.93Β for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Fortune Minerals Limited:

  • The EOD is -2.645. Based on the equity, the company is expensive. -2
  • The MRQ is -1.927. Based on the equity, the company is expensive. -2
  • The TTM is -2.602. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.645MRQ-1.927-0.718
MRQ-1.927TTM-2.602+0.675
TTM-2.602YOY-0.879-1.723
TTM-2.6025Y-0.421-2.181
5Y-0.42110Y0.328-0.749
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-2.6451.521-4.166
MRQ-1.9271.352-3.279
TTM-2.6021.347-3.949
YOY-0.8791.744-2.623
3Y-1.3381.877-3.215
5Y-0.4212.639-3.060
10Y0.3282.966-2.638
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in CAD. All numbers in thousands.

Summary
Total Assets4,199
Total Liabilities15,746
Total Stockholder Equity-11,548
 As reported
Total Liabilities 15,746
Total Stockholder Equity+ -11,548
Total Assets = 4,199

Assets

Total Assets4,199
Total Current Assets1,576
Long-term Assets2,623
Total Current Assets
Cash And Cash Equivalents 1,093
Net Receivables 350
Total Current Assets  (as reported)1,576
Total Current Assets  (calculated)1,443
+/- 133
Long-term Assets
Property Plant Equipment 182
Intangible Assets 2
Long-term Assets Other 201
Long-term Assets  (as reported)2,623
Long-term Assets  (calculated)386
+/- 2,238

Liabilities & Shareholders' Equity

Total Current Liabilities15,494
Long-term Liabilities253
Total Stockholder Equity-11,548
Total Current Liabilities
Short Long Term Debt 12,481
Total Current Liabilities  (as reported)15,494
Total Current Liabilities  (calculated)12,481
+/- 3,012
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt155
Long-term Liabilities  (as reported)253
Long-term Liabilities  (calculated)155
+/- 98
Total Stockholder Equity
Total Stockholder Equity (as reported)-11,548
Total Stockholder Equity (calculated)0
+/- 11,548
Other
Capital Stock183,056
Net Debt 11,388
Net Invested Capital 934
Net Working Capital -13,918
Property Plant and Equipment Gross 3,095



6.2. Balance Sheets Structured

Currency in CAD. All numbers in thousands.

 Trend2025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-31
> Total Assets 
51,550
56,333
74,905
74,816
79,600
79,951
79,006
78,474
78,326
78,447
76,384
75,996
76,814
76,437
76,189
76,389
76,341
76,199
76,461
77,874
78,606
78,104
78,037
77,959
898
46,662
46,993
46,775
1,561
1,160
2,352
3,124
4,815
4,199
4,1994,8153,1242,3521,1601,56146,77546,99346,66289877,95978,03778,10478,60677,87476,46176,19976,34176,38976,18976,43776,81475,99676,38478,44778,32678,47479,00679,95179,60074,81674,90556,33351,550
   > Total Current Assets 
797
5,202
5,867
4,905
8,827
7,745
5,727
4,606
3,794
3,031
2,826
2,071
2,675
2,102
1,699
1,383
1,228
961
1,219
2,378
2,088
1,352
891
657
213
371
622
196
760
328
504
1,074
2,477
1,576
1,5762,4771,0745043287601966223712136578911,3522,0882,3781,2199611,2281,3831,6992,1022,6752,0712,8263,0313,7944,6065,7277,7458,8274,9055,8675,202797
       Cash And Cash Equivalents 
701
5,125
5,716
4,671
8,525
7,539
5,488
4,478
3,611
2,873
2,655
1,933
2,105
1,988
1,591
1,244
1,079
773
1,050
2,253
1,803
1,190
722
521
79
137
442
46
674
225
33
862
1,592
1,093
1,0931,5928623322567446442137795217221,1901,8032,2531,0507731,0791,2441,5911,9882,1051,9332,6552,8733,6114,4785,4887,5398,5254,6715,7165,125701
       Net Receivables 
48
45
107
180
242
159
193
73
99
111
108
59
491
48
39
61
69
98
75
21
194
66
74
32
82
77
30
14
26
38
405
120
730
350
350730120405382614307782327466194217598696139484915910811199731931592421801074548
       Other Current Assets 
49
33
25
25
25
25
25
25
25
25
25
25
25
25
25
25
25
25
25
25
25
25
25
25
0
0
26
0
0
0
0
0
0
0
00000002600252525252525252525252525252525252525252525253349
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
75,416
73,558
73,925
74,139
74,335
74,491
75,006
75,112
75,238
75,243
75,496
76,518
76,752
77,146
77,302
685
46,291
46,372
46,579
801
832
1,849
2,050
2,338
2,623
2,6232,3382,0501,84983280146,57946,37246,29168577,30277,14676,75276,51875,49675,24375,23875,11275,00674,49174,33574,13973,92573,55875,416000000000
       Property Plant Equipment 
50,646
51,023
68,851
69,683
70,549
71,985
73,060
73,653
74,307
75,193
73,337
73,706
73,922
74,120
74,277
74,794
74,902
75,074
75,080
75,335
76,358
76,592
76,987
77,150
317
46,136
46,202
46,403
243
227
212
212
198
182
18219821221222724346,40346,20246,13631777,15076,98776,59276,35875,33575,08075,07474,90274,79474,27774,12073,92273,70673,33775,19374,30773,65373,06071,98570,54969,68368,85151,02350,646
       Intangible Assets 
53
49
44
39
35
32
29
26
34
31
28
25
0
0
0
0
0
0
0
0
0
0
8
7
6
6
5
4
4
4
3
3
3
2
2333444566780000000000252831342629323539444953
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
75,416
73,558
73,925
74,139
74,335
0
0
0
151
151
151
151
151
151
152
179
155
169
171
199
201
196
198
200
201
20120019819620119917116915517915215115115115115115100074,33574,13973,92573,55875,416000000000
> Total Liabilities 
8,523
12,120
16,455
17,571
21,846
19,513
12,484
11,271
11,093
13,806
12,780
12,197
11,047
10,711
11,520
11,913
12,160
15,395
14,145
14,539
14,748
14,054
14,222
14,403
8,573
8,910
9,432
9,645
10,025
10,247
12,219
13,042
16,216
15,746
15,74616,21613,04212,21910,24710,0259,6459,4328,9108,57314,40314,22214,05414,74814,53914,14515,39512,16011,91311,52010,71111,04712,19712,78013,80611,09311,27112,48419,51321,84617,57116,45512,1208,523
   > Total Current Liabilities 
134
165
361
298
506
775
342
184
322
466
250
144
542
528
494
532
500
460
455
11,589
11,910
12,083
12,466
14,083
8,265
8,614
9,152
9,378
9,717
9,952
11,104
2,786
15,948
15,494
15,49415,9482,78611,1049,9529,7179,3789,1528,6148,26514,08312,46612,08311,91011,589455460500532494528542144250466322184342775506298361165134
       Short-term Debt 
5,407
5,640
5,876
6,122
6,374
6,631
6,892
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000006,8926,6316,3746,1225,8765,6405,407
       Short Long Term Debt 
5,407
5,640
5,876
6,122
6,374
6,631
6,892
0
0
0
0
0
0
0
0
0
0
0
0
11,040
11,426
11,825
12,229
13,800
7,977
8,294
8,618
8,950
9,275
9,496
10,087
898
12,566
12,481
12,48112,56689810,0879,4969,2758,9508,6188,2947,97713,80012,22911,82511,42611,0400000000000006,8926,6316,3746,1225,8765,6405,407
       Accounts payable 
104
135
353
298
506
775
342
184
322
466
250
144
180
182
156
195
186
152
152
332
440
214
191
236
0
0
232
0
0
0
0
0
0
0
000000023200236191214440332152152186195156182180144250466322184342775506298353135104
       Other Current Liabilities 
30
30
8
0
0
0
0
0
0
0
0
0
362
346
337
278
274
267
261
175
0
0
0
0
0
0
250
247
201
186
90
77
0
0
00779018620124725000000017526126727427833734636200000000083030
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
13,340
12,530
12,053
10,505
10,182
11,026
11,382
11,660
14,935
13,691
2,950
2,838
1,971
1,757
320
308
296
280
268
308
294
1,115
10,256
267
253
25326710,2561,1152943082682802963083201,7571,9712,8382,95013,69114,93511,66011,38211,02610,18210,50512,05312,53013,340000000000
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
353
354
345
335
325
315
304
293
282
271
259
247
235
223
209
196
183
169
155
155169183196209223235247259271282293304315325335345354353000000000000000
       Other Liabilities 
17
18
10,218
11,151
14,965
12,106
5,251
3,924
3,329
5,613
4,514
3,735
1,878
1,237
1,729
1,442
1,337
4,268
2,675
1,390
1,223
299
27
25
0
0
24
0
0
0
0
0
0
0
0000000240025272991,2231,3902,6754,2681,3371,4421,7291,2371,8783,7354,5145,6133,3293,9245,25112,10614,96511,15110,2181817
> Total Stockholder Equity
43,027
44,213
58,450
57,245
57,754
60,438
66,521
67,203
67,233
64,642
63,604
63,799
65,767
65,727
64,670
64,476
64,180
60,804
62,316
63,335
63,858
64,050
63,815
63,555
-7,675
37,752
37,562
37,130
-8,464
-9,087
-9,867
-9,918
-11,400
-11,548
-11,548-11,400-9,918-9,867-9,087-8,46437,13037,56237,752-7,67563,55563,81564,05063,85863,33562,31660,80464,18064,47664,67065,72765,76763,79963,60464,64267,23367,20366,52160,43857,75457,24558,45044,21343,027
   Common Stock
120,613
126,061
165,924
166,309
170,303
170,935
170,942
170,942
171,060
171,673
171,673
171,673
172,401
172,401
172,401
172,389
172,509
172,572
172,963
172,963
174,073
174,135
174,185
174,725
0
0
180,791
0
0
0
0
0
0
0
0000000180,79100174,725174,185174,135174,073172,963172,963172,572172,509172,389172,401172,401172,401171,673171,673171,673171,060170,942170,942170,935170,303166,309165,924126,061120,613
   Retained Earnings -212,332-211,359-209,740-209,439-208,374-207,751-161,384-160,587-159,970-204,900-128,177-127,324-126,229-126,383-126,003-126,762-127,784-123,970-123,534-123,352-122,295-122,255-123,451-123,615-122,548-119,561-119,388-119,927-126,002-128,109-123,585-122,080-90,782-86,470
   Capital Surplus 0000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000
   Other Stockholders Equity 
8,884
8,933
14,607
14,522
15,560
15,506
15,506
15,649
15,733
15,516
15,546
15,577
15,620
15,620
15,620
15,620
15,642
16,016
16,115
16,375
16,169
16,144
16,954
17,008
0
0
17,358
0
0
0
0
0
0
0
000000017,3580017,00816,95416,14416,16916,37516,11516,01615,64215,62015,62015,62015,62015,57715,54615,51615,73315,64915,50615,50615,56014,52214,6078,9338,884



6.3. Balance Sheets

Currency in CAD. All numbers in thousands.




6.4. Cash Flows

Currency in CAD. All numbers in thousands.




6.5. Income Statements

Currency in CAD. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in CAD. All numbers in thousands.

Gross Profit (+$)
totalRevenue0
Cost of Revenue-67
Gross Profit-67-67
 
Operating Income (+$)
Gross Profit-67
Operating Expense-2,579
Operating Income-2,579-2,645
 
Operating Expense (+$)
Research Development-
Selling General Administrative971
Selling And Marketing Expenses-
Operating Expense2,579971
 
Net Interest Income (+$)
Interest Income20
Interest Expense-1,115
Other Finance Cost-201
Net Interest Income-893
 
Pretax Income (+$)
Operating Income-2,579
Net Interest Income-893
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-3,608-2,443
EBIT - interestExpense = -1,115
-3,608
-2,493
Interest Expense1,115
Earnings Before Interest and Taxes (EBIT)--2,493
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-3,608
Tax Provision--
Net Income From Continuing Ops-3,608-3,608
Net Income-3,608
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-136893
 

Technical Analysis of Fortune Minerals Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Fortune Minerals Limited. The general trend of Fortune Minerals Limited is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Fortune Minerals Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Fortune Minerals Limited Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Fortune Minerals Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.05 < 0.05 < 0.05.

The bearish price targets are: 0.032 > 0.031 > 0.03.

Know someone who trades $FMP? Share this with them.πŸ‘‡

Fortune Minerals Limited Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Fortune Minerals Limited. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Fortune Minerals Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Fortune Minerals Limited.

Fortune Minerals Limited Daily Moving Average Convergence/Divergence (MACD) ChartFortune Minerals Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Fortune Minerals Limited. The current adx is .

Fortune Minerals Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Fortune Minerals Limited.

Fortune Minerals Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Fortune Minerals Limited.

Fortune Minerals Limited Daily Relative Strength Index (RSI) ChartFortune Minerals Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Fortune Minerals Limited.

Fortune Minerals Limited Daily Stochastic Oscillator ChartFortune Minerals Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Fortune Minerals Limited.

Fortune Minerals Limited Daily Commodity Channel Index (CCI) ChartFortune Minerals Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Fortune Minerals Limited.

Fortune Minerals Limited Daily Chande Momentum Oscillator (CMO) ChartFortune Minerals Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Fortune Minerals Limited.

Fortune Minerals Limited Daily Williams %R ChartFortune Minerals Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of Fortune Minerals Limited.

Fortune Minerals Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Fortune Minerals Limited.

Fortune Minerals Limited Daily Average True Range (ATR) ChartFortune Minerals Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Fortune Minerals Limited.

Fortune Minerals Limited Daily On-Balance Volume (OBV) ChartFortune Minerals Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Fortune Minerals Limited.

Fortune Minerals Limited Daily Money Flow Index (MFI) ChartFortune Minerals Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Fortune Minerals Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-05-05 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-06 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-07 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-08 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-14 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-05-16 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-19 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-21 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-29 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-30 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-02 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-03 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-06 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-09 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-10 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-13 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-16 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-17 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-18 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-19 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-23 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-24 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-25 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-26 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-27 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-30 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-02 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-07-03 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-07-04 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-07-08 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-07-09 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-11 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-07-14 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-16 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-17 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-18 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-07-21 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-07-22 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-07-23 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-24 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-07-25 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-07-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-29 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-07-30 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-31 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-08-08 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-08-11 00:00:00MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-08-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-08-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2025-08-15 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-08-18 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-08-19 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-08-21 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-08-25 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-08-27 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-08-28 00:00:00BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-09-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2025-09-03 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-09-05 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2025-09-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-09-09 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2025-09-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-09-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-09-12 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-09-16 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2025-09-17 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Fortune Minerals Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Fortune Minerals Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.035
Total0/1 (0.0%)
Penke
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