Subscribe Now - Click Here:       1 Year for only $149   or   3 months for $99

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

Symbol Data

Symbol Currency
CVE:FOR CAD
OTCMKTS:FTBYF USD

Description

Fortune Bay Corp are a gold focused junior, late stage development company 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$21.34M which is a fall of roughly 33% over the last six months. As of 12/26/2020 they have no debt and ~C$1.21M cash. They have 29M 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 12/26/2020
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $32.07M $21.34M 12/26/2020 $-10.73M
Total Assets: $13.23M $13.71M 12/26/2020 $0.48M
Total Liabilities: $0.78M $0.81M 12/26/2020 $0.03M
Current Assets: $1.17M $1.21M 12/26/2020 $0.04M
Current Liabilities: $0.39M $0.40M 12/26/2020 $0.01M
Total Debt: $0.00M $0.00M 12/26/2020 $0.00M
Cash: $1.17M $1.21M 12/26/2020 $0.04M
Enterprise Value: $30.91M $20.13M 08/21/1970 $-10.77M
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 12/26/2020 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 12/26/2020 0.00%
Misc 12/26/2020
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 29,205,000 29,205,000 12/26/2020 0
Shares (FD): 37,801,000 37,801,000 12/26/2020 0
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 01/01/2023 12/26/2020 n/a
Production (Gold Eq Oz.): (guess) 
0
(guess) 
0
12/26/2020 0
Production (Silver Eq Oz.): (guess) 
0
(guess) 
0
12/26/2020 0
Initial CapEx (Outstanding): $135.00M
420.9% of Mkt.Cap
$135.00M
632.47% of Mkt.Cap
12/26/2020 $0.00M
Funding Option: n/a n/a 12/26/2020 n/a
Documentation: none PFS 12/26/2020 n/a
Value Adjustment: -20% -20% never 0%

Resource Data

GOLD 12/26/2020
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 12/26/2020 0.00M
Measured & Indicated: 2.00M 2.00M 12/26/2020 0.00M
Inferred: 1.00M 1.00M 12/26/2020 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 12/26/2020 0.00M
Measured & Indicated: 1.53M 1.53M 12/26/2020 0.00M
Inferred: 0.43M 0.43M 12/26/2020 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: n/a n/a 12/26/2020 $0.00
Extra Operating Cost: n/a n/a 12/26/2020 $0.00
Average Grade: 1.40 g/t 1.40 g/t 12/26/2020 n/a
Recovery Rate: (CG)  85.00% (CG)  85.00% 12/26/2020 0.00%
F
U
T
U
R
E
Proven & Probable: 2.00M 2.00M 12/26/2020 0.00M
Annual Production: 80,000oz. 80,000oz. 12/26/2020 0oz.
Cash Cost: $850 $850 12/26/2020 $0
Extra Operating Cost: $450 $450 12/26/2020 $0
SILVER 12/26/2020
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 12/26/2020 0.00M
Measured & Indicated: n/a n/a 12/26/2020 0.00M
Inferred: n/a n/a 12/26/2020 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 12/26/2020 0.00M
Measured & Indicated: n/a n/a 12/26/2020 0.00M
Inferred: n/a n/a 12/26/2020 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 12/26/2020 $0.00
Extra Operating Cost: n/a n/a 12/26/2020 $0.00
Average Grade: n/a n/a 12/26/2020 n/a
Recovery Rate: n/a n/a 12/26/2020 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 12/26/2020 0.00M
Annual Production: n/a n/a 12/26/2020 n/a
Cash Cost: n/a n/a 12/26/2020 n/a
Extra Operating Cost: n/a n/a 12/26/2020 n/a

Property

Last Analysis Data  (12/26/2020)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration Saskatchewan, Canada Goldfields 100% (guess) 10,000 Open Pit show
1 million oz at 1.4 gpt
$135 million capex
Exploration Mexico, Mexico Ixhuatan 100% (guess) 4,000 Open Pit show
1.7 million oz at 1.4 gpt

This needs confirmation.
Total Land Package Size (ha): 14,000  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration Saskatchewan, Canada Goldfields 100% (guess) 10,000 Open Pit show
1 million oz at 1.4 gpt
$135 million capex
Exploration Mexico, Mexico Ixhuatan 100% (guess) 4,000 Open Pit show
1.7 million oz at 1.4 gpt

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

Profitability (by resource)

Proven &
Probable
12/26/2020
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 -4.03M
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 -3.43M
Maximum Profit (Gold): $275.27M $230.76M n/a $-44.51M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $275.27M $230.76M n/a $-44.51M
Max Profit / Current MCap: 8.582 10.811 n/a 2.229
Max Profit Per Share (Gold): $7.28 $6.10 n/a $-1.18
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $7.28 $6.10 n/a $-1.18
Total Free Profit Per Share: $6.19 $5.40 n/a $-0.79
FD Mkt. Cap / Gold Eq.: $37.73 $25.11 n/a $-12.62
FD Mkt. Cap / Silver Eq.: $0.52 $0.36 n/a $-0.15
FD Mkt. Cap / Per Metal
as % Spot Price:
2.01% 1.41% n/a -0.60%
Measured &
Indicated
12/26/2020
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 -8.06M
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 -6.17M
Maximum Profit (Gold): $495.49M $415.38M n/a $-80.11M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $495.49M $415.38M n/a $-80.11M
Max Profit / Current MCap: 15.448 19.460 n/a 4.012
Max Profit Per Share (Gold): $13.11 $10.99 n/a $-2.12
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $13.11 $10.99 n/a $-2.12
Total Free Profit Per Share: $12.02 $10.29 n/a $-1.73
FD Mkt. Cap / Gold Eq.: $20.96 $13.95 n/a $-7.01
FD Mkt. Cap / Silver Eq.: $0.29 $0.20 n/a $-0.08
FD Mkt. Cap / Per Metal
as % Spot Price:
1.12% 0.78% n/a -0.33%

Reserves &
Resources
12/26/2020
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 -12.10M
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 -7.88M
Maximum Profit (Gold): $633.12M $530.76M n/a $-102.36M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $633.12M $530.76M n/a $-102.36M
Max Profit / Current MCap: 19.739 24.866 n/a 5.127
Max Profit Per Share (Gold): $16.75 $14.04 n/a $-2.71
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $16.75 $14.04 n/a $-2.71
Total Free Profit Per Share: $15.66 $13.34 n/a $-2.32
FD Mkt. Cap / Gold Eq.: $16.41 $10.92 n/a $-5.49
FD Mkt. Cap / Silver Eq.: $0.22 $0.16 n/a $-0.07
FD Mkt. Cap / Per Metal
as % Spot Price:
0.87% 0.61% n/a -0.26%

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.     ×