FO
FOR.V
—
TSX Venture
Diversified Mining
Fortune Bay Corp.
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
—
P/E
—
EV / Rev
—
Div yield
—
Op margin
—
ROE
-3,7 %
Net margin
—
Debt / equity
0,00
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
$30,92
Open
—
Next earnings
2026-11-09
Ex-dividend
—
TR 1Y
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About
FOR.V operates in the Diversified Mining industry, extracting and processing a range of minerals and metals, and generates revenue primarily through the sale of these commodities.
Business. FOR.V is a diversified mining company listed on the TSX Venture Exchange under the ticker FOR.V. The firm operates within the Basic Materials sector, specifically focusing on mineral resources and diversified mining activities. As detailed segment and geographic data are not provided, the company is described at the industry level without specific operational breakdowns. Headquarters information is not available in the provided facts.
Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustryDiversified Mining
Generated · model-assisted
Sell-side consensus
BUY4 analysts
3 buy1 hold0 sell
Avg 12m price target35,33
Analyst recommendations
4 analysts · consensus BuyBuy3
Hold1
Sell0
12-month price target
35,33
Consensus of sell-side coverage.
At a glance
Score
—
not yet scored
Valuation
—
valuation pending
Analysts→
Buy
4 analysts · indicative
Ownership
—
not yet wired
Profitability→
-3,7 %
return on equity
Quality
—
not yet scored
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
— missing data
News & coverage
0Sector rotation
Sector1D1Mvs mkt
Materials · THIS SECTOR+2,3 %+6,6 %+1,7 %
Communication Services+2,2 %−5,5 %+1,6 %
Energy+0,6 %+3,3 %+0,0 %
Health Care+0,6 %−0,8 %+0,0 %
Information Technology+0,6 %+6,7 %+0,0 %
Consumer Discretionary+0,4 %+7,6 %−0,2 %
Financials−0,3 %−2,8 %−0,9 %
Consumer Staples−0,4 %+2,5 %−1,0 %
Real Estate−0,7 %+10,9 %−1,3 %
Industrials−1,9 %−3,1 %−2,5 %
Utilities−1,9 %+28,2 %−2,5 %
Developing storylines
No tracked sagas currently linked to FOR.V. Browse all sagas →
Analysis
AI analysis
Generated · analysis pipeline · tier hybrid · as of 2026-08-04
↑ At a glance
Opportunity
— missing data
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsFY 2026 earnings (expected)2026-11-09 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
— missing data
Signals & dispatch
peak dispatch · —
Composite-score breakdown
Synthesis
Business
FOR.V is a diversified mining company listed on the TSX Venture Exchange under the ticker FOR.V. The firm operates within the Basic Materials sector, specifically focusing on mineral resources and diversified mining activities. As detailed segment and geographic data are not provided, the company is described at the industry level without specific operational breakdowns. Headquarters information is not available in the provided facts.
Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustryDiversified Mining
AI synthesis
GENERATEDFOR.V's capital structure is characterized by a strong liquidity position, with a current ratio of 7.18, indicating that the company holds significantly more current assets than current liabilities. The company has no long-term debt, and its cash and equivalents amount to CAD 7,900,490, which supports its liquidity profile. However, the company reported negative operating and free cash flows of CAD -1,481,110 and CAD -2,627,440, respectively, suggesting operational challenges in generating cash from its core activities.
In terms of profitability, FOR.V is underperforming, with a return on equity (ROE) of -3.7% and a return on assets (ROA) of -3.47%, both significantly below the industry median for Diversified Mining. These negative returns indicate that the company is not effectively utilizing its equity or assets to generate profit, which is a concern for investors and stakeholders.
The company's revenue is not segmented by geographic region or product line in the available data, so it is not possible to assess the geographic or segment concentration of its revenue. However, the lack of detailed segment reporting may limit the ability to evaluate the company's exposure to specific markets or products.
Looking at the company's growth trajectory, there is no available data on revenue history or outlook for the current or next fiscal year to assess growth potential. The absence of forward-looking guidance makes it difficult to determine whether the company is expected to improve its financial performance in the near term.
In terms of risk, FOR.V is currently assessed as having low liquidity and dilution risk, with no immediate filing-based flags detected. The company's strong cash position and absence of long-term debt reduce the likelihood of liquidity stress in the short term. Additionally, the company has not issued any new shares recently, and there is no indication of dilution pressure in the near term.
There are no recent events, such as filings or transcripts, that provide additional insight into the company's operations or strategic direction. The lack of recent disclosures may indicate a period of operational stability or a lack of material developments to report.
Key takeaways
- FOR.V has a strong liquidity position with a current ratio of 7.18 and no long-term debt.
- The company is currently unprofitable, with negative returns on equity and assets.
- There is no available data on geographic or segment revenue concentration.
- No immediate liquidity or dilution risks are identified.
- The company's growth trajectory is unclear due to the absence of revenue history and outlook data.
- No recent events or disclosures provide insight into the company's strategic direction.
Bull / Bear case
Generated · model-assisted— missing data
In focus — financials by report
Valuation
Market price
$0,69
Market cap
—
Enterprise valueⓘ
—
P/Eⓘ
—
Non-GAAP P/Eⓘ
—
EV / Revenueⓘ
—
EV / Op incomeⓘ
—
EV / OCFⓘ
—
P / Bⓘ
—
P / Tangible bookⓘ
—
Tangible book
$31.5M
Net cashⓘ
$7.9M
Current ratioⓘ
7.2
Debt / equityⓘ
0.0
ROAⓘ
-3.5%
ROEⓘ
-3.7%
Cash conversionⓘ
127.0%
CapEx / revenueⓘ
—
SBC / revenueⓘ
—
Dilution ratioⓘ
0.0%
Revenue by segment
Business relationships
Business relationships30 disclosed relationships · 1 type · extracted from filings & disclosures
Subsidiaries30
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Supply chain
— missing data
Peer comparison
— missing data
Market position
Stress test
— missing data
Predictor forecast
Next quarternear-term
Earnings · next quarterconf 45 %
EPS
Consensus EPS
2,94
Predicted surprise
+0,06
Beat probability
45 %
Analysts
4
Other metrics
Revenue
—
no estimate
Segment revenue
—
no estimate
Margin
—
no estimate
Segment margin
—
no estimate
as of 2026-06-25 · Earnings Surprise V1
Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
Probabilistic model output — not investment advice. · generated 2026-08-04
Options
— missing data
Short squeeze
— missing data
Earnings-call key lines
— missing data
Estimate revisions
consensus EPS · 26-week trend— missing data
Sell-side observations
Low$33,00
Mean$35,33
Median$35,00
High$38,00
Spot$0,69
+5020.8 %implied to mean12-month sell-side price targets · ▲ spot
Themes
— missing data
ESG
— missing data
Risk factors
Dilution riskLow
Liquidity riskLow
Filing-based flags
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
ROE-3,7 %Above median
D/E0,00Above median
Cash Conv1,27Above P75
Corporate actions / M&A
— missing data
FX exposure
— missing data
Comparable transactions
— missing data
Derivatives & instruments
Derivative transactions
Net disposed 75 299 sh24 exercises7 insiders
- Chief Financial Officer · Restricted Stock Unit → Common StockDisposed 4 505exercise · 2026-03-31
- Chief Operating Officer · Restricted Stock Unit → Common StockDisposed 2 815exercise · 2026-03-31
- Director, Chief Executive Officer · Restricted Stock Unit → Common StockDisposed 4 977exercise · 2026-03-28
- Director, Executive Chairman · Restricted Stock Unit → Common StockDisposed 4 977exercise · 2026-03-28
- Chief Financial Officer · Restricted Stock Unit → Common StockDisposed 1 991exercise · 2026-03-28
- Chief Operating Officer · Restricted Stock Unit → Common StockDisposed 1 991exercise · 2026-03-28
- Director · Restricted Stock Unit → Common StockDisposed 402exercise · 2026-03-28
- Director · Restricted Stock Unit → Common StockDisposed 402exercise · 2026-03-28
- Director · Restricted Stock Unit → Common StockDisposed 402exercise · 2026-03-28
- Chief Operating Officer · Restricted Stock Unit → Common StockDisposed 4 065exercise · 2026-03-21
- Director · Restricted Stock Unit → Common StockDisposed 1 096exercise · 2026-03-21
- Director · Restricted Stock Unit → Common StockDisposed 1 096exercise · 2026-03-21
- Director · Restricted Stock Unit → Common StockDisposed 1 096exercise · 2026-03-21
- Director, Executive Chairman · Restricted Stock Unit → Common StockDisposed 12 033exercise · 2026-03-21
- Chief Financial Officer · Restricted Stock Unit → Common StockDisposed 5 420exercise · 2026-03-21
- Chief Operating Officer · Restricted Stock Unit → Common StockDisposed 1 554exercise · 2026-03-18
- Chief Financial Officer · Restricted Stock Unit → Common StockDisposed 2 330exercise · 2026-03-18
- Director · Restricted Stock Unit → Common StockDisposed 2 000exercise · 2026-03-01
- Director, Executive Chairman · Restricted Stock Unit → Common StockDisposed 756exercise · 2025-12-01
- Chief Financial Officer · Restricted Stock Unit → Common StockDisposed 400exercise · 2025-12-01
- Chief Operating Officer · Restricted Stock Unit → Common StockDisposed 5 880exercise · 2025-11-20
- Director, Executive Chairman · Restricted Stock Unit → Common StockDisposed 6 630exercise · 2025-11-20
- Chief Financial Officer · Restricted Stock Unit → Common StockDisposed 2 601exercise · 2025-11-20
- Director, Chief Executive Officer · Restricted Stock Unit → Common StockDisposed 5 880exercise · 2025-11-20
Actions
Ask Handelsavisen
— missing data
Data sources
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
How metrics are computed
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Return On Assetsnet_income / total_assets
Source documents
- FOR.V Market data — financials · 2026-05-27
Ownership & reference
Leadership
- Wade K. DaweExecutive Chairman of the Board
Insider activity
Net selling0 buys · 1 sellsnet -$70K7 insiders · last 365d
- Director · Common StockSold 2 535 @ $27,44$70K · 2026-06-02
- Chief Financial Officer · Common StockOther 4 505 · 2026-03-31
- Chief Financial Officer · Common StockOther 1 667 @ $24,44$41K · 2026-03-31
- Chief Operating Officer · Common StockOther 2 815 · 2026-03-31
- Chief Operating Officer · Common StockOther 1 254 @ $24,44$31K · 2026-03-31
- Director, Executive Chairman · Common StockOther 4 977 · 2026-03-28
- Director, Executive Chairman · Common StockOther 1 842 @ $24,81$46K · 2026-03-28
- Director, Chief Executive Officer · Common StockOther 4 977 · 2026-03-28
- Director, Chief Executive Officer · Common StockOther 1 959 @ $24,81$49K · 2026-03-28
- Chief Financial Officer · Common StockOther 1 991 · 2026-03-28
- Chief Financial Officer · Common StockOther 737 @ $24,81$18K · 2026-03-28
- Chief Operating Officer · Common StockOther 1 991 · 2026-03-28
- Chief Operating Officer · Common StockOther 887 @ $24,81$22K · 2026-03-28
- Director · Common StockOther 402 · 2026-03-28
- Director · Common StockOther 402 · 2026-03-28
- Director · Common StockOther 402 · 2026-03-28
- Chief Operating Officer · Common StockOther 4 065 · 2026-03-21
- Chief Operating Officer · Common StockOther 1 946 @ $24,29$47K · 2026-03-21
- Chief Financial Officer · Common StockOther 5 420 · 2026-03-21
- Chief Financial Officer · Common StockOther 2 006 @ $24,29$49K · 2026-03-21
- Director, Executive Chairman · Common StockOther 12 033 · 2026-03-21
- Director, Executive Chairman · Common StockOther 4 453 @ $24,29$108K · 2026-03-21
- Director · Common StockOther 1 096 · 2026-03-21
- Director · Common StockOther 1 096 · 2026-03-21
- Director · Common StockOther 1 096 · 2026-03-21
Short positioning
530.2Kshares short-0.9% vs prior
3.68days to cover
60.5%short of daily vol
2.3Kfails-to-deliver
as of 2026-07-15 · short-interest report (free)
Geographic breakdown
— missing data
Listings · one canonical issuer
all listings resolve to the canonical
FOR.VCanonical
TSX Venture · USD
Intel & risk
peak dispatch · —
OSINT findings
Dilution riskLow
Liquidity riskLow
No immediate filing-based liquidity or dilution flags were detected.
Relationship graph
This companySectorSubsidiaries
Evidence & claims
From filings & derived data- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 60.4%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): -1.7%Derived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.78xDerived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 7.3%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 3.2%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 10.7%Derived (calculated)
- Shareholders' equity (annual): USD 1.79BSEC XBRL filing
- Cash & equivalents (annual): USD 211.7MSEC XBRL filing
- Total liabilities (annual): USD 1.39BSEC XBRL filing
- Total assets (annual): USD 3.18BSEC XBRL filing
- Shares outstanding (annual): 50.89MSEC XBRL filing
- Long-term debt (annual): USD 793.2MSEC XBRL filing
- Net income (YoY) (2025-09-30 vs 2024-09-30): -17.5%Derived (calculated)
- EPS (diluted) (YoY) (2025-09-30 vs 2024-09-30): -17.8%Derived (calculated)
- Net margin (FY 2025-09-30): 10.1%Derived (calculated)
- EPS (basic) (YoY) (2025-09-30 vs 2024-09-30): -18.1%Derived (calculated)
- Revenue (YoY) (2025-09-30 vs 2024-09-30): 10.1%Derived (calculated)
- Capex (YoY) (2025-09-30 vs 2024-09-30): 0.0%Derived (calculated)
- Cost of revenue (YoY) (2025-09-30 vs 2024-09-30): 12.9%Derived (calculated)
- Operating cash flow (YoY) (2025-09-30 vs 2024-09-30): -24.8%Derived (calculated)
- Capex (annual): USD 2.2MSEC XBRL filing
- Net income (annual): USD 167.9MSEC XBRL filing
- Pre-tax income (annual): USD 219.3MSEC XBRL filing
- Cost of revenue (annual): USD 1.3BSEC XBRL filing
Showing 24 of 60 surfaced claims.
Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.
The Thread
Everything we know, in order2026-11-09EVENTUpcomingFY 2026 earnings (expected) estimated date
2026-07-21 00:00 UTCTRANSCRIPTEarnings call — Q3 2026
2026-07-21EVENTQ2 2026 earnings (expected) estimated date
2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
2026-06-02 00:00 UTCINSIDER1 insider transaction — 2026-06
2026-06-02INSIDERParmer Elizabeth sold 2.5k sh — Director ~$70k
2026-03-31 00:00 UTCINSIDER47 insider transactions — 2026-03 · net sell $451k 18 derivative
2026-03-31INSIDERWalker Mark Stephen transacted 1.3k sh — Chief Operating Officer ~$31k
2026-03-31INSIDERWalker Mark Stephen transacted 2.8k sh — Chief Operating Officer
2026-03-31INSIDERAllen James Douglas transacted 1.7k sh — Chief Financial Officer ~$41k
2026-03-31INSIDERAllen James Douglas transacted 4.5k sh — Chief Financial Officer
2026-03-31INSIDERAllen James Douglas disposed of 4.5k sh Restricted Stock Unit — Chief Financial Officer
2026-03-31INSIDERWalker Mark Stephen disposed of 2.8k sh Restricted Stock Unit — Chief Operating Officer
2026-03-28INSIDERParmer Elizabeth transacted 402 sh — Director
2026-03-28INSIDERJamieson Lisa H. transacted 402 sh — Director
2026-03-28INSIDERFULLER SAMUEL R transacted 402 sh — Director
2026-03-28INSIDERTOMNITZ DONALD J transacted 5.0k sh — Director, Executive Chairman
2026-03-28INSIDERTOMNITZ DONALD J transacted 1.8k sh — Director, Executive Chairman ~$46k
2026-03-28INSIDEROxley Anthony W transacted 5.0k sh — Director, Chief Executive Officer
2026-03-28INSIDEROxley Anthony W transacted 2.0k sh — Director, Chief Executive Officer ~$49k
2026-03-28INSIDERAllen James Douglas transacted 2.0k sh — Chief Financial Officer
2026-03-28INSIDERAllen James Douglas transacted 737 sh — Chief Financial Officer ~$18k
2026-03-28INSIDERWalker Mark Stephen transacted 2.0k sh — Chief Operating Officer
2026-03-28INSIDERWalker Mark Stephen transacted 887 sh — Chief Operating Officer ~$22k
2026-03-28INSIDERJamieson Lisa H. disposed of 402 sh Restricted Stock Unit — Director
2026-03-28INSIDERTOMNITZ DONALD J disposed of 5.0k sh Restricted Stock Unit — Director, Executive Chairman
2026-03-28INSIDEROxley Anthony W disposed of 5.0k sh Restricted Stock Unit — Director, Chief Executive Officer
2026-03-28INSIDERAllen James Douglas disposed of 2.0k sh Restricted Stock Unit — Chief Financial Officer
2026-03-28INSIDERWalker Mark Stephen disposed of 2.0k sh Restricted Stock Unit — Chief Operating Officer
2026-03-28INSIDERParmer Elizabeth disposed of 402 sh Restricted Stock Unit — Director
2026-03-28INSIDERFULLER SAMUEL R disposed of 402 sh Restricted Stock Unit — Director
2026-03-21INSIDERTOMNITZ DONALD J transacted 12.0k sh — Director, Executive Chairman
2026-03-21INSIDERWalker Mark Stephen transacted 4.1k sh — Chief Operating Officer
2026-03-21INSIDERWalker Mark Stephen transacted 1.9k sh — Chief Operating Officer ~$47k
2026-03-21INSIDERAllen James Douglas transacted 5.4k sh — Chief Financial Officer
2026-03-21INSIDERAllen James Douglas transacted 2.0k sh — Chief Financial Officer ~$49k
2026-03-21INSIDERTOMNITZ DONALD J transacted 4.5k sh — Director, Executive Chairman ~$108k
2026-03-21INSIDERParmer Elizabeth transacted 1.1k sh — Director
Showing the 40 most recent of 60 entries.
The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04
Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data
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