Fortune Bay Corp Stock Today
FTBYF Stock | USD 0.19 0.01 5.56% |
Performance1 of 100
| Odds Of DistressLess than 20
|
Fortune Bay is trading at 0.19 as of the 24th of November 2024. This is a 5.56% increase since the beginning of the trading day. The stock's lowest day price was 0.19. Fortune Bay has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Fortune Bay Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Fortune Bay Corp. acquires, explores for, and develops mineral properties. It also owns 2 percent net smelter royalty in the Huizopa project located in the Sierra Madres in Chihuahua, Mexico. Fortune Bay is traded on OTC Exchange in the United States. The company has 42.91 M outstanding shares. More on Fortune Bay Corp
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Fortune OTC Stock Highlights
Business Concentration | Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) |
Fortune Bay Corp [FTBYF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.23 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fortune Bay's market, we take the total number of its shares issued and multiply it by Fortune Bay's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Fortune Bay Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 42.91 M outstanding shares.
Fortune Bay Corp has accumulated about 3.63 M in cash with (1.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09.
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Ownership AllocationFortune Bay holds a total of 42.91 Million outstanding shares. Fortune Bay Corp shows 14.31 percent of its outstanding shares held by insiders and 1.52 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Fortune Bay Corp Risk Profiles
Mean Deviation | 3.15 | |||
Semi Deviation | 4.49 | |||
Standard Deviation | 6.3 | |||
Variance | 39.67 |
Fortune Stock Against Markets
Picking the right benchmark for Fortune Bay otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fortune Bay otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fortune Bay is critical whether you are bullish or bearish towards Fortune Bay Corp at a given time. Please also check how Fortune Bay's historical prices are related to one of the top price index indicators.
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Fortune Bay Corporate Management
Elected by the shareholders, the Fortune Bay's board of directors comprises two types of representatives: Fortune Bay inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fortune. The board's role is to monitor Fortune Bay's management team and ensure that shareholders' interests are well served. Fortune Bay's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fortune Bay's outside directors are responsible for providing unbiased perspectives on the board's policies.
Eric Bort | Exploration Mang | Profile | |
Sarah Oliver | Chief Officer | Profile | |
Gareth Garlick | Technical Director | Profile | |
Wade Dawe | Ex Chairman | Profile |
Other Information on Investing in Fortune OTC Stock
Fortune Bay financial ratios help investors to determine whether Fortune OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fortune with respect to the benefits of owning Fortune Bay security.