Fortune MineralsHi,
Nice close in Canada today, and this is the first close where the price is above the all-time bearish Fibonacci channel. A real breakout. On Balance Volume is at an all-time high on today's close.
Price is historically low, but OBV is all time high. What does it mean?
gaps in the volu
−0.0065 USD
−2.51 M USD
0.00 USD
523.36 M
About Fortune Minerals Limited
Sector
Industry
CEO
Robin Ellis Goad
Website
Headquarters
London
Founded
1988
ISIN
CA34967D1015
FIGI
BBG000PWSKJ6
Fortune Minerals Ltd. engages in the exploration and development of mineral properties. The firm focuses on advancing the vertically integrated NICO cobalt-gold-bismuth-copper project, comprised of a proposed mine and mill in the Northwest Territories. It also owns the Sue-Dianne copper-silver-gold deposit and other exploration projects in the Northwest Territories and maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia. The company was founded by Robin Ellis Goad on August 2, 1988 and is headquartered in London, Canada.
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Fortune MineralsHey gang. We can see that the price is up against the 1-level "bear fib channel" once again.
The price target has been clear to me for a while now, but you are just coming around to seeing things my way. Ultimately, there will be a consensus that $2USD is the clear target, which puts me about
Fortune MineralsHere we have US Dollars and kissing fibs. We're well below the .236 "bull fib", so it's very early days. Lots of risk and reward down here. The ticker is not truly bullish until it breaches the .236 fib, and then you look for the .618 bull fib, or some other barrier such as a descending linear ov
Fortune MineralsOhh, it gives me goosebumps to see it. Nothing in between the price and the 1-level "all-time fibonacci channel". A breakout of the channel is imminent. What does imminent mean? With FT, you have to qualify the statement, because many of us have been in and out of FT for ten and fifteen years.
Fortune MineralsThere's no need for despondency. Look at the OBV consolidating in a cup and handle type formation. OBV proceeds price. It's the only leading indicator. Price to OBV divergence is one the standard tools.
I'm looking at the gaps in the Volume Profile above, and it seems pretty clear to me the
Fortune Minerals"Bad news" has almost no effect on the price. FT's price is defined by the technicals, not the fundamentals. Is it a measure of success to be chosen for some government grant? No. It means nothing.
The price of Fortune Minerals already assumes that the project will fail.
Nobody is asking
Fortune MineralsFT price landing on support with what almost look like spinning tops. If you squint your eye, they look like spinning tops. You know what that means? Reversal. Reversal to where? The 1-level. If the price reverses and slams back into the 1-level, guess what? Yes, a breakout. Breakout an
Fortune MineralsHey gang.
We're coming off of a 1-test, and now testing these ma's, which I'm saying will end up holding. This is one of the last real tests FT has to go through, before it spits out of this all-time bearish Fibonacci channel. The moving average need to continue to hold. Three times makes a
Fortune MineralsAfter banging off the top of the bear fib, the price came down and bounced off the top of the all-time inverse parabola. We got a pretty good bounce on low volume, but a landing on the moving averages is not in the rear-view mirror. A return to the 1-level bear fib, and you start to think about do
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Summarizing what the indicators are suggesting.
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Moving Averages
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Moving Averages
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of FTMDF is 0.0695 USD — it has decreased by −8.86% in the past 24 hours. Watch Fortune Minerals Limited stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on OTC exchange Fortune Minerals Limited stocks are traded under the ticker FTMDF.
FTMDF stock has risen by 2.86% compared to the previous week, the month change is a 30.91% rise, over the last year Fortune Minerals Limited has showed a 76.72% increase.
FTMDF reached its all-time high on Feb 21, 2012 with the price of 1.0760 USD, and its all-time low was 0.0001 USD and was reached on Jan 31, 2018. View more price dynamics on FTMDF chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
FTMDF stock is 19.02% volatile and has beta coefficient of 2.48. Track Fortune Minerals Limited stock price on the chart and check out the list of the most volatile stocks — is Fortune Minerals Limited there?
Today Fortune Minerals Limited has the market capitalization of 37.89 M, it has increased by 18.57% over the last week.
Yes, you can track Fortune Minerals Limited financials in yearly and quarterly reports right on TradingView.
FTMDF net income for the last quarter is −1.30 M USD, while the quarter before that showed −676.25 K USD of net income which accounts for −92.54% change. Track more Fortune Minerals Limited financial stats to get the full picture.
No, FTMDF doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Oct 20, 2025, the company has 4 employees. See our rating of the largest employees — is Fortune Minerals Limited on this list?
Like other stocks, FTMDF shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Fortune Minerals Limited stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Fortune Minerals Limited technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Fortune Minerals Limited stock shows the buy signal. See more of Fortune Minerals Limited technicals for a more comprehensive analysis.
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