Added to YB: 2026-07-22
Pitch date: 2026-07-20
FOMTF [bullish]
Formation Metals Inc.
+1.89%
current return
Author Info
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Company Info
Formation Metals Inc. engages in the acquisition and exploration of mineral property assets in Canada.
Market Cap
CAD 39.1M
Pitch Price
CAD 0.27
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-2.09
EV/Sales
N/A
Sector
Metals and Mining
Category
value
It's Bottom Fishing Season. Gear Up. - Formation Metals
FOMTF: Oversubscribed $22M raise funds expanded 75,000m drill program at N2 gold project (Quebec, 871koz historic resource). At $0.26 FD, $35M mkt cap w/ ~$30M treasury = market assigning just $5M to resource expected to more than double. Bottom-fish setup poised for re-rating.
Read full article (1 min)