Formation Minerals Inc Ordinary Shares FOMI

$0.00 −0.00 (99.00%)
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Trading Information

Previous Close Price
$0.00
Day Range
$0.00–0.00
52-Week Range
$0.00–0.04
Bid/Ask
$0.02 / $0.03
Shares Outstanding
100.04M
Market Cap
$100.04
Volume/Avg
1,932 / 1,923

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
—
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Formation Minerals Inc is engaged in the acquisition and management of high-growth oil and gas minerals and royalties in the U.S. basins. The company is focused on providing returns through asset growth generated by acquisitions and organic growth of properties. Its portfolio includes the DJ Basin of Colorado and Wyoming, the Haynesville Shale of Louisiana, the Delaware and Permian Basin of Texas, the Marcellus and Utica shales in West Virginia, and the Anadarko Basin in Oklahoma.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
—
Total Number of Employees
3

Valuation

Metric
FOMI
Price/Earnings (Normalized)
—
Price/Book Value
—
Price/Sales
—
Price/Cash Flow
—
Price/Earnings
No chart available

Financial Strength

Metric
FOMI
Quick Ratio
0.04
Current Ratio
0.04
Interest Coverage
−11.14
Quick Ratio
FOMI

Profitability

Metric
FOMI
Return on Assets (Normalized)
−856.59%
Return on Equity (Normalized)
—
Return on Invested Capital (Normalized)
—
Return on Assets
FOMI

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