Streetbeat News

FTMDF

Fortune Minerals Ltd.

http://www.fortuneminerals.com/

CEO

Robin Goad

Industry

Dimension Stone Mining and Quarrying

Open

0.04

Mkt cap

20M

Volume

70K

High

0.04

P/E Ratio

-4.00

52-wk high

0.10

Low

0.03

Div yield

N/A

52-wk low

0.02

The U.S. military has allocated $15 million to fund Canadian mineral projects, focusing on essential resources like copper, gold, graphite, and cobalt. This investment aims to reduce dependency on China and secure a stable supply chain for critical minerals. Lomiko Metals Inc. (OTCQB:LMRMF) and Fortune Minerals Ltd (OTCQB:FTMDF) are among the grant recipients. Additionally, South32's Hermosa project in Arizona received $20 million to boost manganese production.

Portfolio Pulse from Stjepan Kalinic

May 27, 2024 | 4:17 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.