Fidelity Minerals Financials

FMN Stock  CAD 0.06  0.01  37.50%   
We urge to utilize Fidelity Minerals Corp fundamental analysis to find out if markets are presently mispricing the company. Put another way you can exercise it to find out if Fidelity Minerals Corp is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate twenty-four available fundamental indicators for Fidelity Minerals Corp, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of Fidelity Minerals to be traded at C$0.0688 in 90 days. Key indicators impacting Fidelity Minerals' financial strength include:
Short Ratio
0.05
Return On Equity
(0.21)
  
Understanding current and past Fidelity Minerals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fidelity Minerals' financial statements are interrelated, with each one affecting the others. For example, an increase in Fidelity Minerals' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Fidelity Minerals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Fidelity Minerals Corp. Check Fidelity Minerals' Beneish M Score to see the likelihood of Fidelity Minerals' management manipulating its earnings.

Fidelity Minerals Stock Summary

Fidelity Minerals competes with Constellation Software, Canlan Ice, Boat Rocker, and Champion Iron. Fidelity Minerals Corp. engages in the exploration and development of gold mineral properties. The company was formerly known as Montan Mining Corp. and changed its name to Fidelity Minerals Corp. in January 2019. FIDELITY MINERALS operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
Foreign Associate
  USA
Specialization
Basic Materials, Other Industrial Metals & Mining
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA31622P2061
Business Address1166 Alberni Street,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.fidelityminerals.com
Phone604 689 1799
CurrencyCAD - Canadian Dollar
You should never invest in Fidelity Minerals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Fidelity Stock, because this is throwing your money away. Analyzing the key information contained in Fidelity Minerals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Fidelity Minerals Key Financial Ratios

There are many critical financial ratios that Fidelity Minerals' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Fidelity Minerals Corp reports annually and quarterly.

Fidelity Minerals Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets5.0M5.5M6.4M6.3M7.3M4.2M
Net Tangible Assets4.3M4.2M5.3M6.1M7.0M7.4M
Retained Earnings(11.7M)(12.5M)(13.8M)(15.6M)(14.1M)(14.8M)
Accounts Payable912.5K689.8K238.8K345.8K397.7K521.3K
Cash52.8K116.2K272.7K1.6K1.8K1.7K
Net Receivables16.0K1.2M425.6K12.9K14.9K14.1K
Total Liab829.0K238.8K345.8K1.2M1.3M873.2K
Total Current Assets1.3M635.6K299K19.9K22.9K21.7K
Common Stock10.6M10.9M12.0M13.8M15.9M8.8M
Short Long Term Debt697.1K322.3K139.2K363.8K327.4K299.1K
Net Invested Capital4.3M5.3M6.1M5.4M6.2M4.4M
Net Working Capital472.9K396.8K(46.8K)(1.1M)(1.3M)(1.2M)
Capital Stock10.9M12.0M13.8M14.2M16.3M12.5M

Fidelity Minerals Key Income Statement Accounts

201920202021202220232024 (projected)
Selling General Administrative945.6K825.2K1.4M1.0M944.4K1.1M
Operating Income(974.0K)(825.2K)(1.4M)(1.0M)(1.2M)(1.3M)
Net Income From Continuing Ops(944.9K)(805.3K)(1.3M)(1.8M)(2.1M)(2.2M)
Ebit(1.9M)(821.4K)(620.9K)(1.4M)(1.6M)(1.6M)
Total Operating Expenses974.0K825.2K1.4M1.0M944.4K1.1M
Income Before Tax(944.9K)(805.3K)(1.3M)(1.8M)(2.1M)(2.2M)
Total Other Income Expense Net34.8K20.0K56.4K(798.3K)(918.1K)(872.1K)
Net Income Applicable To Common Shares(2.0M)(944.9K)(805.3K)(1.3M)(1.5M)(1.6M)
Net Income(944.9K)(805.3K)(1.3M)(1.8M)(2.1M)(2.2M)
Net Interest Income(29.3K)(21.2K)(5.8K)(2.5K)(2.9K)(3.1K)
Ebitda(2.0M)(1.9M)(910.8K)(805.3K)(926.1K)(972.4K)

Fidelity Minerals Key Cash Accounts

201920202021202220232024 (projected)
Investments602.5K(419.6K)(856.7K)(545.4K)(490.8K)(466.3K)
Change In Cash(151.3K)63.4K156.5K(271.1K)(244.0K)(231.8K)
Net Borrowings659.4K(23.1K)(70.9K)(100.3K)(90.2K)(85.7K)
Capital Expenditures51.7K1.2M1.3M545.4K627.2K396.0K
Net Income(944.9K)(805.3K)(1.3M)(1.8M)(2.1M)(2.2M)
Change To Netincome277.9K251.4K113.1K399.3K359.4K286.9K
End Period Cash Flow52.8K116.2K272.7K1.6K1.8K1.7K
Free Cash Flow(943.7K)(2.3M)(2.0M)(693.1K)(797.1K)(836.9K)
Other Non Cash Items321.0K2.6K(68.3K)(75.6K)(68.0K)(64.6K)

Fidelity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Minerals's current stock value. Our valuation model uses many indicators to compare Fidelity Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Minerals competition to find correlations between indicators driving Fidelity Minerals's intrinsic value. More Info.
Fidelity Minerals Corp is rated # 3 in return on equity category among its peers. It also is rated # 3 in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Fidelity Minerals' earnings, one of the primary drivers of an investment's value.

Fidelity Minerals Corp Systematic Risk

Fidelity Minerals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fidelity Minerals volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Fidelity Minerals Corp correlated with the market. If Beta is less than 0 Fidelity Minerals generally moves in the opposite direction as compared to the market. If Fidelity Minerals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fidelity Minerals Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fidelity Minerals is generally in the same direction as the market. If Beta > 1 Fidelity Minerals moves generally in the same direction as, but more than the movement of the benchmark.

Fidelity Minerals Corp Total Assets Over Time

Fidelity Minerals November 24, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Fidelity Minerals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fidelity Minerals Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fidelity Minerals Corp based on widely used predictive technical indicators. In general, we focus on analyzing Fidelity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fidelity Minerals's daily price indicators and compare them against related drivers.

Additional Tools for Fidelity Stock Analysis

When running Fidelity Minerals' price analysis, check to measure Fidelity Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fidelity Minerals is operating at the current time. Most of Fidelity Minerals' value examination focuses on studying past and present price action to predict the probability of Fidelity Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity Minerals' price. Additionally, you may evaluate how the addition of Fidelity Minerals to your portfolios can decrease your overall portfolio volatility.