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Your Data
Symbol Data
Symbol
Currency
CVE:FOR
CAD
OTCMKTS:FTBYF
USD
Description
Fortune Bay Corp are a gold focused junior, late stage developer with two mines in development in Canada and Mexico. They have approximately 2.5Moz. of gold in the reserves and resources category of which 1.5Moz. are in the measured and indicated category. They have a market capitalisation of ~C$47.85M which is a rise of roughly 18% over the last two months. As of 12/30/2025 they have no debt and ~C$5.84M cash. They have 68M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.
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General Details
Financial
12/30/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
MCap (FD):
$40.39M
$47.85M
12/30/2025
$7.46M
MCap (OS):
$34.80M
$41.24M
12/30/2025
$6.43M
Total Assets:
$18.99M
$18.97M
12/30/2025
$-0.01M
Total Liabilities:
$1.46M
$1.46M
12/30/2025
$0.00M
Current Assets:
$5.84M
$5.84M
12/30/2025
$0.00M
Current Liabilities:
$0.37M
$0.36M
12/30/2025
$0.00M
Total Debt:
$0.00M
$0.00M
12/30/2025
$0.00M
Cash:
$5.84M
$5.84M
12/30/2025
$0.00M
Debt (Net):
$-5.84M
$-5.84M
$0.00M
Enterprise Value:
$34.54M
$42.01M
$7.47M
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
12/30/2025
n/a
Misc
12/30/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
68,076,685
68,076,685
12/30/2025
0
Shares (FD):
79,000,000
79,000,000
12/30/2025
0
Insider Ownership:
20%
20%
12/30/2025
n/a
Dividend (Annual):
n/a
n/a
12/30/2025
n/a
Company Type:
Mostly Gold
Mostly Gold
never
n/a
Group:
Developer
Developer
never
n/a
Production ETA:
n/a
01/01/2028
12/30/2025
n/a
Production (Gold Eq Oz.):
(guess) 0
(guess) 0
12/30/2025
Production (Silver Eq Oz.) :
(guess) 0
(guess) 0
12/30/2025
Development Phase:
PFS Underway
PFS Underway
12/30/2025
n/a
Optionality Play:
none
No
F U T U R E
% of Spot:
10Developer: Likely Path to Production
10Developer: Likely Path to Production
12/30/2025
0
Cash Flow Multiple:
3.5
3.5
12/30/2025
0.00
Resource Data
GOLD
12/30/2025 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
12/30/2025
0.00M
Measured & Indicated:
1.50M
1.50M
12/30/2025
0.00M
Inferred:
1.00M
1.00M
12/30/2025
0.00M
Reserves & Resources:
2.50M
2.50M
never
0.00M
P L A U S I B L E
Proven & Probable:
0.85M
0.85M
12/30/2025
0.00M
Measured & Indicated:
1.19M
1.19M
12/30/2025
0.00M
Inferred:
0.43M
0.43M
12/30/2025
0.00M
Reserves & Resources:
1.62M
1.62M
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
12/30/2025
$0.00
Extra Operating Cost:
n/a
n/a
12/30/2025
$0.00
Total:
$2,250
$2,250
12/30/2025
$0.00
Margin (Free Cash Flow):
n/a
$0.00
MCap / Production (AuEq):
n/a
n/a
n/a
EV / Production (AuEq):
n/a
n/a
n/a
G R A D E
Underground (Avg):
n/a
n/a
12/30/2025
n/a
Open Pit (Avg):
n/a
1.30 g/t
12/30/2025
n/a
Recovery Rate:
(CG) 85.00%
(CG) 85.00%
12/30/2025
0.00%
F U T U R E
Proven & Probable:
1.50M
1.50M
12/30/2025
0.00M
Annual Production:
75,000oz.
75,000oz.
12/30/2025
0oz.
Cash Cost:
$1,450
$1,450
12/30/2025
$0
Extra Operating Cost:
$800
$800
12/30/2025
$0
SILVER
12/30/2025 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
12/30/2025
0.00M
Measured & Indicated:
n/a
n/a
12/30/2025
0.00M
Inferred:
n/a
n/a
12/30/2025
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
12/30/2025
0.00M
Measured & Indicated:
n/a
n/a
12/30/2025
0.00M
Inferred:
n/a
n/a
12/30/2025
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
12/30/2025
$0.00
Extra Operating Cost:
n/a
n/a
12/30/2025
$0.00
Total:
n/a
n/a
12/30/2025
$0.00
Margin (Free Cash Flow):
n/a
$0.00
MCap / Production (AgEq):
n/a
n/a
n/a
EV / Production (AgEq):
n/a
n/a
n/a
G R A D E
Underground (Avg):
n/a
n/a
12/30/2025
n/a
Open Pit (Avg):
n/a
n/a
12/30/2025
n/a
Recovery Rate:
n/a
n/a
12/30/2025
0.00%
F U T U R E
Proven & Probable:
n/a
n/a
12/30/2025
0.00M
Annual Production:
n/a
n/a
12/30/2025
n/a
Cash Cost:
n/a
n/a
12/30/2025
n/a
Extra Operating Cost:
n/a
n/a
12/30/2025
n/a
Property
Last Analysis Data (12/30/2025)
Stage
Name
Owned %
Type
NPV $M
IRR %
CapEx $M
Au
Ag
Cu
Notes
Dev
Goldfields
Saskatchewan
100 (guess)
Open Pit
900.00
50.00
200.00
show
1.2 million oz at 1.2 gpt
$185 million capex Size: 10,000 ha
Dev
Poma Rosa
Chiapas
100 (guess)
Open Pit
show
1.7 million oz at 1.4 gpt
This needs confirmation. Size: 4,000 ha
Current Data
Stage
Name
Owned %
Type
NPV $M
IRR %
CapEx $M
Au
Ag
Cu
Notes
Dev
Goldfields
Saskatchewan
100 (guess)
Open Pit
900.00
50.00
200.00
show
1.2 million oz at 1.2 gpt
$185 million capex Size: 10,000 ha
Dev
Poma Rosa
Chiapas
100 (guess)
Open Pit
show
1.7 million oz at 1.4 gpt
This needs confirmation. Size: 4,000 ha
Profitability (by resource)
Proven & Probable
12/30/2025 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
6.36M
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
5.41M
Maximum Profit (Gold):
$1,769.74M
$2,327.47M
n/a
$557.73M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$1,769.74M
$2,327.47M
n/a
$557.73M
Max Profit / Current MCap:
43.820
48.639
n/a
4.820
Max Profit Per Share (Gold):
$22.40
$29.46
n/a
$7.06
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$22.40
$29.46
n/a
$7.06
Total Free Profit Per Share:
$21.70
$28.63
n/a
$6.93
FD MCap / Gold Eq.:
$47.51
$56.30
n/a
$8.78
FD MCap / Silver Eq.:
$0.83
$0.88
n/a
$0.06
FD MCap / Per Metal as % Spot Price:
1.10%
1.13%
n/a
0.03%
EV / Gold Eq.:
$40.64
$49.43
n/a
$8.79
EV / Silver Eq.:
$0.71
$0.78
n/a
$0.07
EV / Per Metal as % Spot Price:
0.94%
0.99%
n/a
0.05%
Measured & Indicated
12/30/2025 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.):
1.50M
1.50M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
9.55M
P L A U S I B L E
Gold Eq. Oz.:
1.19M
1.19M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
7.57M
Maximum Profit (Gold):
$2,477.64M
$3,258.46M
n/a
$780.82M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$2,477.64M
$3,258.46M
n/a
$780.82M
Max Profit / Current MCap:
61.347
68.095
n/a
6.747
Max Profit Per Share (Gold):
$31.36
$41.25
n/a
$9.88
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$31.36
$41.25
n/a
$9.88
Total Free Profit Per Share:
$30.66
$40.42
n/a
$9.75
FD MCap / Gold Eq.:
$33.94
$40.21
n/a
$6.27
FD MCap / Silver Eq.:
$0.59
$0.63
n/a
$0.04
FD MCap / Per Metal as % Spot Price:
0.78%
0.81%
n/a
0.02%
EV / Gold Eq.:
$29.03
$35.31
n/a
$6.28
EV / Silver Eq.:
$0.51
$0.55
n/a
$0.05
EV / Per Metal as % Spot Price:
0.67%
0.71%
n/a
0.04%
Reserves & Resources
12/30/2025 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.):
2.50M
2.50M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
15.91M
P L A U S I B L E
Gold Eq. Oz.:
1.62M
1.62M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
10.28M
Maximum Profit (Gold):
$3,362.51M
$4,422.19M
n/a
$1,059.68M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$3,362.51M
$4,422.19M
n/a
$1,059.68M
Max Profit / Current MCap:
83.257
92.414
n/a
9.157
Max Profit Per Share (Gold):
$42.56
$55.98
n/a
$13.41
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$42.56
$55.98
n/a
$13.41
Total Free Profit Per Share:
$41.86
$55.15
n/a
$13.28
FD MCap / Gold Eq.:
$25.01
$29.63
n/a
$4.62
FD MCap / Silver Eq.:
$0.44
$0.47
n/a
$0.03
FD MCap / Per Metal as % Spot Price:
0.58%
0.59%
n/a
0.02%
EV / Gold Eq.:
$21.39
$26.01
n/a
$4.62
EV / Silver Eq.:
$0.37
$0.41
n/a
$0.04
EV / Per Metal as % Spot Price:
0.49%
0.52%
n/a
0.03%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
12/30/2025 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
CAD 0.7303
CAD 0.7298
02/19/2026
Spot Gold:
$4,332.05
$4,988.20
02/19/2026
$656.15
Spot Silver:
$75.58
$78.33
02/19/2026
$2.75
Gold:Silver Ratio:
57.32
63.68
02/19/2026
6.36
Spot Gold (Future):
$6,000.00
$6,000.00
$0.00
Spot Silver (Future):
$150.00
$150.00
$0.00
Gold:Silver Ratio (Future):
40.00
40.00
0.00
Gold Avg. Recovery Rate:
75.00%
75.00%
0.00%
Silver Avg. Recovery Rate:
75.00%
75.00%
0.00%
Plausibility of P & P:
100.00%
100.00%
0.00%
Plausibility of M & I:
80.00%
80.00%
0.00%
Plausibility of Inferred:
50.00%
50.00%
0.00%
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