Corporate News Report
Fortune Minerals (FT.TO)
Fortune Minerals Limited, a development‑stage mining company listed on the Toronto Stock Exchange, experienced a decline in its share price during the 24‑hour trading period ending at 05:14 AM Central Europe on Thursday, 22 November 2026. The stock closed at CAD 0.10, down 4.55 % from the previous close.
Key metrics (as of the reporting date):
- Current price: CAD 0.10
- Shares outstanding: 688.4 million
- Market capitalisation: CAD 74.4 million
- 24‑hour trading volume: CAD 159.3 k worth of shares were traded
- Month‑end performance: Down 25 % since the end of the previous month
- 200‑day simple moving average: CAD 0.14
- 52‑week high: CAD 0.25 (recorded 26 May 2026)
- 52‑week low: CAD 0.08 (recorded 31 December 2025)
Comparative Performance of Related Stocks
| Symbol | 24‑Hour Change | Current Price (CAD) | Market Capitalisation (CAD) |
|---|---|---|---|
| PNP.TO (Pinetree Capital) | +2.34 % | 9.58 | 88.4 million |
| PALS.V (Paragon Advanced Labs) | +7.57 % | 2.6 | 85.6 million |
| AEC.V (Anfield Energy) | 0 % | 4.34 | 88.2 million |
| TUO.V (Teuton) | +1.4 % | 1.43 | 85.6 million |
| IPT.V (Impact Silver) | –1 % | 0.24 | 87.4 million |
Additional ratios:
- Teuton (TUO.V) PE ratio: 89.03
- Impact Silver (IPT.V) PE ratio: 13.59
Company Overview
Fortune Minerals Limited is headquartered in London, Canada. The company is in the development stage and intends to mine and produce refinery metals, including:
- Cobalt chemicals used in rechargeable batteries
- Bismuth metals and chemicals
- Gold
Operations are planned in North America. Further details can be found on the company’s website: www.fortuneminerals.com .
