Fortune Minerals (TSE:FT – Get Free Report) received a C$0.35 price target from equities research analysts at Fundamental Research in a research note issued to investors on Friday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Fundamental Research’s target price suggests a potential upside of 311.76% from the company’s current price.
Fortune Minerals Stock Performance
TSE:FT opened at C$0.09 on Friday. The business has a 50 day moving average of C$0.08 and a 200 day moving average of C$0.05. The company has a market capitalization of C$42.47 million, a price-to-earnings ratio of -8.50 and a beta of 0.05. Fortune Minerals has a 1-year low of C$0.03 and a 1-year high of C$0.13. The company has a debt-to-equity ratio of 24.90, a current ratio of 0.08 and a quick ratio of 0.04.
About Fortune Minerals
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