Subscribe Now - Standard: only $199 per year or Premium: only $299 per year - Click Here
Profile
Notes
Forum
Your Data
Calculated using the site's default values. Re-calculate using:
please choose...
the snapshot's defaults
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$8.99M which is a fall of roughly 23% over the last eleven months. As of 12/24/2022 they have no debt and ~C$0.74M cash. They have 43M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.
Quick Links
Login to access
General Details
Financial
12/24/2022 Last Analysis Data
Current Data
Item
Value
Value
Updated
MCap (FD):
$11.66M
$8.99M
12/24/2022
Total Assets:
$8.09M
$8.09M
12/24/2022
Total Liabilities:
$0.74M
$0.74M
12/24/2022
Current Assets:
$0.74M
$0.74M
12/24/2022
Current Liabilities:
$0.37M
$0.37M
12/24/2022
Total Debt:
$0.00M
$0.00M
12/24/2022
Cash:
$0.74M
$0.74M
12/24/2022
Enterprise Value:
$10.93M
$8.25M
04/06/1970
Cash Flow:
$0.00M
$0.00M
never
Cash Flow Multiple:
0.00
0.00
never
Net Debt to Cash Flow Ratio:
n/a
n/a
never
Finance within 1 year:
Yes
Yes
12/24/2022
Misc
12/24/2022 Last Analysis Data
Current Data
Item
Value
Value
Updated
Shares Outstanding:
43,000,000
43,000,000
12/24/2022
Shares (FD):
52,000,000
52,000,000
12/24/2022
Insider Ownership:
n/a
n/a
never
Company Type:
Mostly Gold
Mostly Gold
never
Production ETA:
n/a
01/01/2025
12/24/2022
Production (Gold Eq Oz.):
(guess) 0
(guess) 0
12/24/2022
Production (Silver Eq Oz.) :
(guess) 0
(guess) 0
12/24/2022
Initial CapEx (Outstanding):
$185.00M1586.33% of MCap
$185.00M2058.25% of MCap
12/24/2022
Funding Option:
n/a
n/a
12/24/2022
Documentation:
none
PFS
11/19/2023
Future MCap Modifier:
0.08Developer: Location Risk for Production
0.08Developer: Location Risk for Production
04/24/2023
Cash Flow Multiplier:
5
3
04/18/2023
Resource Data
GOLD
12/24/2022 Last Analysis Data
Current Data
Item
Value
Value
Updated
O U N C E S
T O T A L
Proven & Probable:
1.00M
1.00M
12/24/2022
Measured & Indicated:
2.00M
2.00M
12/24/2022
Inferred:
1.00M
1.00M
12/24/2022
Reserves & Resources:
3.00M
3.00M
never
P L A U S I B L E
Proven & Probable:
0.85M
0.85M
12/24/2022
Measured & Indicated:
1.53M
1.53M
12/24/2022
Inferred:
0.43M
0.43M
12/24/2022
Reserves & Resources:
1.96M
1.96M
never
C U R R E N T
Annual Production:
n/a
n/a
Cash Cost:
n/a
n/a
12/24/2022
Extra Operating Cost:
n/a
n/a
12/24/2022
Average Grade:
1.40 g/t
1.40 g/t
12/24/2022
Recovery Rate:
(CG) 85.00%
(CG) 85.00%
11/19/2023
F U T U R E
Proven & Probable:
2.00M
2.00M
12/24/2022
Annual Production:
80,000oz.
80,000oz.
12/24/2022
Cash Cost:
$850
$1,000
04/18/2023
Extra Operating Cost:
$450
$500
04/18/2023
SILVER
12/24/2022 Last Analysis Data
Current Data
Item
Value
Value
Updated
O U N C E S
T O T A L
Proven & Probable:
n/a
n/a
12/24/2022
Measured & Indicated:
n/a
n/a
12/24/2022
Inferred:
n/a
n/a
12/24/2022
Reserves & Resources:
n/a
n/a
never
P L A U S I B L E
Proven & Probable:
n/a
n/a
12/24/2022
Measured & Indicated:
n/a
n/a
12/24/2022
Inferred:
n/a
n/a
12/24/2022
Reserves & Resources:
n/a
n/a
never
C U R R E N T
Annual Production:
n/a
n/a
Cash Cost:
n/a
n/a
12/24/2022
Extra Operating Cost:
n/a
n/a
12/24/2022
Average Grade:
n/a
n/a
12/24/2022
Recovery Rate:
n/a
n/a
12/24/2022
F U T U R E
Proven & Probable:
n/a
n/a
12/24/2022
Annual Production:
n/a
n/a
12/24/2022
Cash Cost:
n/a
n/a
12/24/2022
Extra Operating Cost:
n/a
n/a
12/24/2022
Property
Last Analysis Data (12/24/2022)
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
$185 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
$185 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
12/24/2022 Last Analysis Data
Current Data
Item
Value
Value
Updated
Percentage Gold:
100.00%
100.00%
n/a
Percentage Silver:
n/a
n/a
n/a
Total (Gold Eq. Oz.):
1.00M
1.00M
n/a
Total (Silver Eq. Oz.):
n/a
n/a
n/a
P L A U S I B L E
Gold Eq. Oz.:
0.85M
0.85M
n/a
Silver Eq. Oz.:
n/a
n/a
n/a
Maximum Profit (Gold):
$423.05M
$459.51M
n/a
Maximum Profit (Silver):
n/a
n/a
n/a
Total Maximum Profit:
$423.05M
$459.51M
n/a
Max Profit / Current MCap:
36.275
51.124
n/a
Max Profit Per Share (Gold):
$8.14
$8.84
n/a
Max Profit Per Share (Silver):
n/a
n/a
n/a
Total Max Profit Per Share:
$8.14
$8.84
n/a
Total Free Profit Per Share:
$7.83
$8.60
n/a
FD MCap / Gold Eq.:
$13.72
$10.57
n/a
FD MCap / Silver Eq.:
$0.18
$0.13
n/a
FD MCap / Per Metal as % Spot Price:
0.76%
0.52%
n/a
Measured & Indicated
12/24/2022 Last Analysis Data
Current Data
Item
Value
Value
Updated
Percentage Gold:
100.00%
100.00%
n/a
Percentage Silver:
n/a
n/a
n/a
Total (Gold Eq. Oz.):
2.00M
2.00M
n/a
Total (Silver Eq. Oz.):
n/a
n/a
n/a
P L A U S I B L E
Gold Eq. Oz.:
1.53M
1.53M
n/a
Silver Eq. Oz.:
n/a
n/a
n/a
Maximum Profit (Gold):
$761.48M
$827.12M
n/a
Maximum Profit (Silver):
n/a
n/a
n/a
Total Maximum Profit:
$761.48M
$827.12M
n/a
Max Profit / Current MCap:
65.295
92.023
n/a
Max Profit Per Share (Gold):
$14.64
$15.91
n/a
Max Profit Per Share (Silver):
n/a
n/a
n/a
Total Max Profit Per Share:
$14.64
$15.91
n/a
Total Free Profit Per Share:
$14.34
$15.67
n/a
FD MCap / Gold Eq.:
$7.62
$5.87
n/a
FD MCap / Silver Eq.:
$0.10
$0.07
n/a
FD MCap / Per Metal as % Spot Price:
0.42%
0.29%
n/a
Reserves & Resources
12/24/2022 Last Analysis Data
Current Data
Item
Value
Value
Updated
Percentage Gold:
100.00%
100.00%
n/a
Percentage Silver:
n/a
n/a
n/a
Total (Gold Eq. Oz.):
3.00M
3.00M
n/a
Total (Silver Eq. Oz.):
n/a
n/a
n/a
P L A U S I B L E
Gold Eq. Oz.:
1.96M
1.96M
n/a
Silver Eq. Oz.:
n/a
n/a
n/a
Maximum Profit (Gold):
$973.00M
$1,056.87M
n/a
Maximum Profit (Silver):
n/a
n/a
n/a
Total Maximum Profit:
$973.00M
$1,056.87M
n/a
Max Profit / Current MCap:
83.433
117.584
n/a
Max Profit Per Share (Gold):
$18.71
$20.32
n/a
Max Profit Per Share (Silver):
n/a
n/a
n/a
Total Max Profit Per Share:
$18.71
$20.32
n/a
Total Free Profit Per Share:
$18.41
$20.09
n/a
FD MCap / Gold Eq.:
$5.97
$4.60
n/a
FD MCap / Silver Eq.:
$0.08
$0.06
n/a
FD MCap / Per Metal as % Spot Price:
0.33%
0.23%
n/a
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
12/24/2022 Last Analysis Data
Current Data
Item
Value
Value
Updated
Exchange Rates:
CAD 0.7353
CAD 0.7355
12/01/2023
Spot Gold:
$1,797.70
$2,040.60
12/01/2023
Spot Silver:
$23.71
$25.26
12/01/2023
Gold:Silver Ratio:
75.82
80.78
12/01/2023
Spot Gold (Future):
$2,500.00
$3,000.00
Spot Silver (Future):
$100.00
$100.00
Gold:Silver Ratio (Future):
25.00
30.00
Gold Avg. Recovery Rate:
75.00%
75.00%
Silver Avg. Recovery Rate:
75.00%
75.00%
Plausibility of P & P:
100.00%
100.00%
Plausibility of M & I:
80.00%
80.00%
Plausibility of Inferred:
50.00%
50.00%
Follow us on: