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Fortune Minerals Ltd FTMDF

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Morningstar’s Analysis

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5-Star Price

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Economic Moat

PREMIUM

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Company Profile

Business Description

Fortune Minerals Ltd is a mining company. The primary business activity is the exploration and development of mineral properties in Canada. The firm is focused on advancing the vertically integrated NICO cobalt-gold-bismuth-copper project, comprised of a proposed mine and mill that will produce a bulk concentrate for shipment to a refinery that the company plans to construct in Saskatchewan. The products will be used to produce cobalt chemicals at the refinery which is used to make high-performance rechargeable batteries, bismuth metals and chemicals, and gold. The firm also owns the Sue- Dianne copper-silver-gold deposit. The firm also holds an interest in Arctos anthracite deposits in northwest British Columbia.

Contact
148 Fullarton Street, Suite 1600
London, ON, N6A 5P3, Canada
T +1 519 858-8188
Sector Basic Materials
Industry Other Industrial Metals & Mining
Most Recent Earnings Sep 30, 2020
Fiscal Year End Dec 31, 2020
Stock Type
Employees 6