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: Project Generator
Rating & Risk: Login to view
Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
CVE:FOR CAD
OTCMKTS:FTBYF USD

Description

Fortune Bay Corp are a gold focused junior, project generator with one mine in development in Canada and one exploration property. 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$9.1M which is a rise of roughly 2% over the last three weeks. As of 12/29/2024 they have no debt and ~C$0.69M cash. They have 49M 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 12/29/2024
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
MCap (FD): $8.91M $9.10M 12/29/2024 $0.19M
Total Assets: $7.64M $7.63M 12/29/2024 $-0.01M
Total Liabilities: $0.69M $0.69M 12/29/2024 $0.00M
Current Assets: $0.69M $0.69M 12/29/2024 $0.00M
Current Liabilities: $0.35M $0.35M 12/29/2024 $0.00M
Total Debt: $0.00M $0.00M 12/29/2024 $0.00M
Cash: $0.69M $0.69M 12/29/2024 $0.00M
Enterprise Value: $8.21M $8.40M 04/08/1970 $0.19M
Cash Flow: $0.00M $0.00M never $0.00M
Cash Flow Multiple: 0.00 0.00 never 0.00
Net Debt to
Cash Flow Ratio:		 n/a n/a never 0.00
Finance within 1 year: Yes Yes 12/29/2024 n/a
Misc 12/29/2024
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Shares Outstanding: 48,680,000 48,680,000 12/29/2024 0
Shares (FD): 57,000,000 57,000,000 12/29/2024 0
Insider Ownership: n/a n/a never n/a
Dividend (Annual): n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 01/01/2027 12/29/2024 n/a
Production (Gold Eq Oz.): (guess) 
0		 (guess) 
0		 12/29/2024 0
Production (Silver Eq Oz.): (guess) 
0		 (guess) 
0		 12/29/2024 0
Initial CapEx (Outstanding): $185.00M
2077.18% of MCap		 $185.00M
2033.95% of MCap 		12/29/2024 $0.00M
Funding Option: n/a n/a 12/29/2024 n/a
Documentation: none PEA 12/29/2024 n/a
Future MCap Modifier: 0.02
PG/Explorer: Average Project
 0.02
PG/Explorer: Average Project
 12/29/2024 0
Cash Flow Multiplier: none none 12/29/2024 0.00

Resource Data

GOLD 12/29/2024
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: 1.00M 1.00M 12/29/2024 0.00M
Measured & Indicated: 2.00M 2.00M 12/29/2024 0.00M
Inferred: 1.00M 1.00M 12/29/2024 0.00M
Reserves & Resources: 3.00M 3.00M never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: 0.85M 0.85M 12/29/2024 0.00M
Measured & Indicated: 1.53M 1.53M 12/29/2024 0.00M
Inferred: 0.43M 0.43M 12/29/2024 0.00M
Reserves & Resources: 1.96M 1.96M never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: $750 $750 12/29/2024 $0.00
Extra Operating Cost: $350 $350 12/29/2024 $0.00
Total: $1,100 $1,100 12/29/2024 $0.00
Margin (Free Cash Flow): n/a $0.00
G
R
A
D
E		 Underground (Avg): n/a n/a 12/29/2024 n/a
Open Pit (Avg): n/a 1.30 g/t 12/29/2024 1.30 g/t
Recovery Rate: (CG)  85.00% (CG)  85.00% 12/29/2024 0.00%
F
U
T
U
R
E		 Proven & Probable: 2.00M 2.00M 12/29/2024 0.00M
Annual Production: n/a n/a 12/29/2024 n/a
Cash Cost: n/a n/a 12/29/2024 n/a
Extra Operating Cost: n/a n/a 12/29/2024 n/a
SILVER 12/29/2024
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 12/29/2024 0.00M
Measured & Indicated: n/a n/a 12/29/2024 0.00M
Inferred: n/a n/a 12/29/2024 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 12/29/2024 0.00M
Measured & Indicated: n/a n/a 12/29/2024 0.00M
Inferred: n/a n/a 12/29/2024 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 12/29/2024 $0.00
Extra Operating Cost: n/a n/a 12/29/2024 $0.00
Total: n/a n/a 12/29/2024 $0.00
Margin (Free Cash Flow): n/a $0.00
G
R
A
D
E		 Underground (Avg): n/a n/a 12/29/2024 n/a
Open Pit (Avg): n/a n/a 12/28/2023 n/a
Recovery Rate: n/a n/a 12/29/2024 0.00%
F
U
T
U
R
E		 Proven & Probable: n/a n/a 12/29/2024 0.00M
Annual Production: n/a n/a 12/29/2024 n/a
Cash Cost: n/a n/a 12/29/2024 n/a
Extra Operating Cost: n/a n/a 12/29/2024 n/a

Property

Last Analysis Data  (12/29/2024)
Stage Name Owned Au Ag Cu Notes
Dev Goldfields 100% show
1.2 million oz at 1.2 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
Dev Goldfields 100% show
1.2 million oz at 1.2 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		 12/29/2024
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 1.00M 1.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 0.04M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.85M 0.85M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.03M
Maximum Profit (Gold): $1,294.47M $1,405.39M n/a $110.93M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $1,294.47M $1,405.39M n/a $110.93M
Max Profit / Current MCap: 145.343 154.513 n/a 9.171
Max Profit Per Share (Gold): $22.71 $24.66 n/a $1.95
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $22.71 $24.66 n/a $1.95
Total Free Profit Per Share: $22.48 $24.43 n/a $1.94
FD MCap / Gold Eq.: $10.48 $10.70 n/a $0.22
FD MCap / Silver Eq.: $0.12 $0.12 n/a $0.00
FD MCap / Per Metal
as % Spot Price:		 0.40% 0.39% n/a -0.01%
Measured &
Indicated		 12/29/2024
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 2.00M 2.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 0.07M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 1.53M 1.53M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.06M
Maximum Profit (Gold): $2,330.04M $2,529.70M n/a $199.67M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $2,330.04M $2,529.70M n/a $199.67M
Max Profit / Current MCap: 261.617 278.124 n/a 16.507
Max Profit Per Share (Gold): $40.88 $44.38 n/a $3.50
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $40.88 $44.38 n/a $3.50
Total Free Profit Per Share: $40.65 $44.15 n/a $3.50
FD MCap / Gold Eq.: $5.82 $5.94 n/a $0.12
FD MCap / Silver Eq.: $0.07 $0.07 n/a $0.00
FD MCap / Per Metal
as % Spot Price:		 0.22% 0.22% n/a -0.01%

Reserves &
Resources		 12/29/2024
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 3.00M 3.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 0.11M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 1.96M 1.96M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.07M
Maximum Profit (Gold): $2,977.27M $3,232.40M n/a $255.13M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $2,977.27M $3,232.40M n/a $255.13M
Max Profit / Current MCap: 334.288 355.381 n/a 21.093
Max Profit Per Share (Gold): $52.23 $56.71 n/a $4.48
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $52.23 $56.71 n/a $4.48
Total Free Profit Per Share: $52.01 $56.48 n/a $4.47
FD MCap / Gold Eq.: $4.56 $4.65 n/a $0.10
FD MCap / Silver Eq.: $0.05 $0.05 n/a $0.00
FD MCap / Per Metal
as % Spot Price:		 0.17% 0.17% n/a 0.00%

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.     ×