Fortune Minerals Ltd
FT.CA
$0.03
Closing
▼-12.50%
1D
▼-12.50%
YTD
Market cap
$12.72M
52 week high
$0.04
52 week low
$0.02
Volume
50,745
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Market cap
$12.72M
Analysts' Rating
BUY
Price Target (Mean)
0.226326933
Total Analysts
0
P/E
Operating Margin
0.00%
Beta
0.24
Revenue Growth (Annual)
-
52 week high
$0.04
52 week low
$0.02
Div. Yield
%
EPS Annual Growth
0.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Fortune Minerals Limited is a Canada-based development stage mining company. The Company is focused on advancing the vertically integrated NICO cobalt-gold-bismuth-copper project. The project is located 160 kilometers (km) northwest of the city of Yellowknife in the Northwest Territories of Canada. The proposed mine is 85 km north of the highway to Edmonton, Alberta. Its other projects include Arctos Anthracite Project, Sue-Dianne Copper-Silver-Gold Deposit, Salkeld Lake and Camsell River. The Arctos coal licenses are located 330 km northeast of the Port of Prince Rupert. The Sue-Dianne copper-silver-gold deposit is contained in a 451 hectares (ha) lease located approximately 25 km north of the NICO deposit in the Mazenod Lake area. It has a 100% interest in Salkeld Lake property (116 ha), south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has 1% net smelter royalty covering 78 ha of land, located south of the Eldorado mining district at Great Bear Lake.
