Fortune Bay Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Mexico. It primarily explores for gold and uranium deposits. The company holds a 100% interest in the Goldfields project comprises 14 mineral dispositions covering an area of approximately 5,900 hectares located in northern Saskatchewan, Canada; the Strike Uranium project that comprises four mineral dispositions covering an area of approximately 9,746 hectares located near Uranium City, northern Saskatchewan, Canada; the Murmac Uranium project, which consists of 17 mineral dispositions covering an area of approximately 10,131 hectares in northern Saskatchewan, Canada; the Ixhuatán project that consists of the 4,176 hectares of Rio Negro concession located in northern Chiapas State, Mexico; the Aspen Uranium project consisting seven mineral claims covering an area of 9,869 hectares, located near north of the Athabasca Basin; and the Woods Uranium projects located in Athabasca Basin. It also owns 2% net smelter royalty in the Huizopa project located in the Sierra Madres in Chihuahua, Mexico. Fortune Bay Corp. is headquartered in Halifax, Canada.
Metrics to compare | FOR | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipFORPeersSector | |
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P/E Ratio | −25.5x | −4.7x | 1.6x | |
PEG Ratio | 1.43 | −0.11 | 0.00 | |
Price/Book | 1.9x | 1.4x | 1.6x | |
Price / LTM Sales | - | 0.0x | 1.2x | |
Upside (Analyst Target) | - | 111.8% | 23.3% | |
Fair Value Upside | Unlock | −11.9% | 3.2% | Unlock |