Fortune Minerals (FT) Given a C$0.97 Price Target at Fundamental Research

Fundamental Research set a C$0.97 price objective on Fortune Minerals (TSE:FT) in a report published on Thursday. The firm currently has a buy rating on the stock.

Shares of Fortune Minerals (TSE:FT) traded up C$0.01 during trading on Thursday, hitting C$0.30. The stock had a trading volume of 1,096,633 shares, compared to its average volume of 809,685. The firm has a market cap of $99.45, a price-to-earnings ratio of -10.00 and a beta of -0.06. Fortune Minerals has a fifty-two week low of C$0.12 and a fifty-two week high of C$0.34.

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About Fortune Minerals

Fortune Minerals Limited is a Canada-based development-stage mining company. The Company is engaged in developing, mining and processing precious and specialty minerals projects. It is focused on NICO gold-cobalt-bismuth-copper project, consisting of a proposed mine and mill in the Northwest Territories that will produce a bulk concentrate for shipment to a refinery that it focuses to construct in Saskatchewan.

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