Subscribe Now   -   Standard: only $199 per year   or   Premium: only $299 per year  -   Click Here

Fortune Bay Corp

www: www.fortunebaycorp.com   email: info@fortunebaycorp.com
Category: Junior: Late Stage Developer
Rating & Risk: Login to view
Profile
Notes
Forum
Your Data
Calculated using the site's default values.  Re-calculate using:

Symbol Data

Symbol Currency
CVE:FOR CAD
OTCMKTS:FTBYF USD

Description

Fortune Bay Corp are a gold focused junior, late stage developer with two exploration properties in Canada and Mexico. They have approximately 3Moz. of gold in the reserves and resources category of which 2Moz. are in the measured and indicated category. They have a market capitalisation of ~C$9.03M which is a rise of roughly 21% over the last twelve months. As of 12/28/2023 they have no debt and ~C$0.69M cash. They have 46M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 12/28/2023
Last
Analysis
Data
Current Data
Item Value Value Updated
MCap (FD): $7.48M $9.03M 12/28/2023
Total Assets: $8.32M $7.64M 12/28/2023
Total Liabilities: $0.76M $0.69M 12/28/2023
Current Assets: $0.76M $0.69M 12/28/2023
Current Liabilities: $0.38M $0.35M 12/28/2023
Total Debt: $0.00M $0.00M 12/28/2023
Cash: $0.76M $0.69M 12/28/2023
Enterprise Value: $6.72M $8.34M 04/07/1970
Cash Flow: $0.00M $0.00M never
Cash Flow Multiple: 0.00 0.00 never
Net Debt to
Cash Flow Ratio:		 n/a n/a never
Finance within 1 year: Yes Yes 12/28/2023
Misc 12/28/2023
Last
Analysis
Data
Current Data
Item Value Value Updated
Shares Outstanding: 45,957,250 45,957,250 12/28/2023
Shares (FD): 52,000,000 52,000,000 12/28/2023
Insider Ownership: n/a n/a never
Dividend (Annual): n/a n/a never
Company Type: Mostly Gold Mostly Gold never
Production ETA: n/a 01/01/2027 12/28/2023
Production (Gold Eq Oz.): (guess) 
0		 (guess) 
0		 12/28/2023
Production (Silver Eq Oz.): (guess) 
0		 (guess) 
0		 12/28/2023
Initial CapEx (Outstanding): $185.00M
2474.61% of MCap		 $185.00M
2047.84% of MCap 		12/28/2023
Funding Option: n/a n/a 12/28/2023
Documentation: none PEA 12/28/2023
Future MCap Modifier: 0.08
Developer: Location Risk for Production
 0.05
Developer: Early Development
 12/28/2023
Cash Flow Multiplier: 3 2 12/28/2023

Resource Data

GOLD 12/28/2023
Last Analysis Data
Current Data
Item Value Value Updated
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: 1.00M 1.00M 12/28/2023
Measured & Indicated: 2.00M 2.00M 12/28/2023
Inferred: 1.00M 1.00M 12/28/2023
Reserves & Resources: 3.00M 3.00M never
P
L
A
U
S
I
B
L
E		 Proven & Probable: 0.85M 0.85M 12/28/2023
Measured & Indicated: 1.53M 1.53M 12/28/2023
Inferred: 0.43M 0.43M 12/28/2023
Reserves & Resources: 1.96M 1.96M never
C
U
R
R
E
N
T		 Annual Production: n/a n/a
Cash Cost: n/a n/a 12/28/2023
Extra Operating Cost: n/a n/a 12/28/2023
Total: $1,500 $1,500 12/28/2023
Margin (Free Cash Flow): n/a
G
R
A
D
E		 Underground (Avg): 1.40 g/t n/a 12/28/2023
Open Pit (Avg): n/a 1.40 g/t 12/28/2023
Recovery Rate: (CG)  85.00% (CG)  85.00% 12/28/2023
F
U
T
U
R
E		 Proven & Probable: 2.00M 2.00M 12/28/2023
Annual Production: 80,000oz. 80,000oz. 12/28/2023
Cash Cost: $1,000 $1,000 12/28/2023
Extra Operating Cost: $500 $500 12/28/2023
SILVER 12/28/2023
Last Analysis Data
Current Data
Item Value Value Updated
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 12/28/2023
Measured & Indicated: n/a n/a 12/28/2023
Inferred: n/a n/a 12/28/2023
Reserves & Resources: n/a n/a never
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 12/28/2023
Measured & Indicated: n/a n/a 12/28/2023
Inferred: n/a n/a 12/28/2023
Reserves & Resources: n/a n/a never
C
U
R
R
E
N
T		 Annual Production: n/a n/a
Cash Cost: n/a n/a 12/28/2023
Extra Operating Cost: n/a n/a 12/28/2023
Total: n/a n/a 12/28/2023
Margin (Free Cash Flow): n/a
G
R
A
D
E		 Underground (Avg): n/a n/a 12/28/2023
Open Pit (Avg): n/a n/a 12/28/2023
Recovery Rate: n/a n/a 12/28/2023
F
U
T
U
R
E		 Proven & Probable: n/a n/a 12/28/2023
Annual Production: n/a n/a 12/28/2023
Cash Cost: n/a n/a 12/28/2023
Extra Operating Cost: n/a n/a 12/28/2023

Property

Last Analysis Data  (12/28/2023)
Stage Name Owned Au Ag Cu Notes
Exp Goldfields 100% show
1 million oz at 1.4 gpt
$185 million capex
Exp Ixhuatan 100% show
1.7 million oz at 1.4 gpt

This needs confirmation.
Total Land Package Size (ha): 14,000  
Current Data
Stage Name Owned Au Ag Cu Notes
Exp Goldfields 100% show
1 million oz at 1.4 gpt
$185 million capex
Exp Ixhuatan 100% show
1.7 million oz at 1.4 gpt

This needs confirmation.
Total Land Package Size (ha): 14,000  

Profitability (by resource)

Proven &
Probable		 12/28/2023
Last Analysis Data
Current Data
Item Value Value Updated
Percentage Gold: 100.00% 100.00% n/a
Percentage Silver: n/a n/a n/a
Total (Gold Eq. Oz.): 1.00M 1.00M n/a
Total (Silver Eq. Oz.): n/a n/a n/a
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.85M 0.85M n/a
Silver Eq. Oz.: n/a n/a n/a
Maximum Profit (Gold): $480.00M $952.34M n/a
Maximum Profit (Silver): n/a n/a n/a
Total Maximum Profit: $480.00M $952.34M n/a
Max Profit / Current MCap: 64.206 105.419 n/a
Max Profit Per Share (Gold): $9.23 $18.31 n/a
Max Profit Per Share (Silver): n/a n/a n/a
Total Max Profit Per Share: $9.23 $18.31 n/a
Total Free Profit Per Share: $9.04 $18.06 n/a
FD MCap / Gold Eq.: $8.80 $10.63 n/a
FD MCap / Silver Eq.: $0.10 $0.12 n/a
FD MCap / Per Metal
as % Spot Price:		 0.43% 0.41% n/a
Measured &
Indicated		 12/28/2023
Last Analysis Data
Current Data
Item Value Value Updated
Percentage Gold: 100.00% 100.00% n/a
Percentage Silver: n/a n/a n/a
Total (Gold Eq. Oz.): 2.00M 2.00M n/a
Total (Silver Eq. Oz.): n/a n/a n/a
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 1.53M 1.53M n/a
Silver Eq. Oz.: n/a n/a n/a
Maximum Profit (Gold): $863.99M $1,714.21M n/a
Maximum Profit (Silver): n/a n/a n/a
Total Maximum Profit: $863.99M $1,714.21M n/a
Max Profit / Current MCap: 115.570 189.753 n/a
Max Profit Per Share (Gold): $16.62 $32.97 n/a
Max Profit Per Share (Silver): n/a n/a n/a
Total Max Profit Per Share: $16.62 $32.97 n/a
Total Free Profit Per Share: $16.43 $32.72 n/a
FD MCap / Gold Eq.: $4.89 $5.90 n/a
FD MCap / Silver Eq.: $0.06 $0.07 n/a
FD MCap / Per Metal
as % Spot Price:		 0.24% 0.23% n/a

Reserves &
Resources		 12/28/2023
Last Analysis Data
Current Data
Item Value Value Updated
Percentage Gold: 100.00% 100.00% n/a
Percentage Silver: n/a n/a n/a
Total (Gold Eq. Oz.): 3.00M 3.00M n/a
Total (Silver Eq. Oz.): n/a n/a n/a
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 1.96M 1.96M n/a
Silver Eq. Oz.: n/a n/a n/a
Maximum Profit (Gold): $1,103.99M $2,190.38M n/a
Maximum Profit (Silver): n/a n/a n/a
Total Maximum Profit: $1,103.99M $2,190.38M n/a
Max Profit / Current MCap: 147.673 242.463 n/a
Max Profit Per Share (Gold): $21.23 $42.12 n/a
Max Profit Per Share (Silver): n/a n/a n/a
Total Max Profit Per Share: $21.23 $42.12 n/a
Total Free Profit Per Share: $21.04 $41.87 n/a
FD MCap / Gold Eq.: $3.82 $4.62 n/a
FD MCap / Silver Eq.: $0.04 $0.05 n/a
FD MCap / Per Metal
as % Spot Price:		 0.19% 0.18% n/a

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×