Fortune Bay Corp. (FTBYF) Stock
Fortune Bay Corp. engages in the acquisition, exploration, and development of mineral resources, with a primary focus on identifying gold deposits.
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About Fortune Bay Corp.
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, specifically the 4,176-hectare Rio Negro concession located in northern Chiapas State. The company also holds a 2% net smelter royalty related to the Huizopa project, situated in the Sierra Madres of Chihuahua, Mexico. Its corporate headquarters are based in Halifax, Canada.
Fortune Bay Corp. is headquartered in CA.
Fortune Bay Corp. (FTBYF) stock trades at $0.46 with a market capitalization of $32.05M. The stock is valued at a price-to-earnings (P/E) ratio of -23.43, price-to-book of 1.48, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $0.39 and $0.89, and currently trades 48.3% below its 52-week high.
On profitability, Fortune Bay Corp. generates a return on equity (ROE) of -6.54%, return on capital employed of -6.93%, an operating margin of 0.00%, a net profit margin of 0.00%.
Official website: www.fortunebaycorp.com