Sell 9/25/2024Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to E+ from D- on 9/25/2024 due to a noticeable decline in the growth index and volatility index. EBIT declined 95.2% from -$281.2 to -$548.9, earnings per share declined from -$0.0009 to -$0.0016, and operating cash flow declined 26.67% from -$255.7 to -$323.9.

Sell 5/21/2024Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D- from E+ on 5/21/2024 due to a noticeable increase in the growth index and volatility index.

Sell 8/7/2023Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to E+ from D- on 8/7/2023 due to a noticeable decline in the volatility index, total return index and solvency index. Debt to equity increased from 0.22 to 0.23.

Sell 3/29/2023Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D- from E+ on 3/29/2023 due to a noticeable increase in the volatility index and total return index.

Sell 3/14/2023Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to E+ from D on 03/14/2023.

Sell 2/28/2023Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D from D- on 2/28/2023 due to an increase in the valuation index.

Sell 2/8/2023Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to D- from D on 2/8/2023 due to a noticeable decline in the total return index, volatility index and solvency index. The quick ratio declined from 0.06 to 0.04, and debt to equity increased from 0.22 to 0.23.

Sell 8/18/2022Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to D from D+ on 8/18/2022 due to a significant decline in the efficiency index, growth index and solvency index. Earnings per share declined from $0.0003 to -$0.0023, net income declined 805.43% from $121.6 to -$857.8, and EBIT declined 193.06% from -$237.8 to -$696.9.

Sell 5/18/2022Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D+ from D on 5/18/2022 due to a significant increase in the efficiency index, growth index and volatility index. Net income increased 140.26% from -$302 to $121.6, earnings per share increased from -$0.0035 to $0.0003, and total capital increased 2.22% from $60.8M to $62.15M.

Sell 5/5/2022Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D from D- on 5/5/2022 due to an increase in the valuation index.

Sell 4/20/2022Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to D- from D+ on 04/20/2022.

Sell 4/18/2022Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D+ from D on 4/18/2022 due to a noticeable increase in the valuation index, total return index and volatility index.

Sell 11/17/2021Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to D from D+ on 11/17/2021 due to a substantial decline in the efficiency index, valuation index and solvency index. The quick ratio declined from 2.47 to 0.2, net income declined 27.53% from $831.7 to $602.7, and debt to equity increased from 0.17 to 0.2.

Sell 11/3/2021Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D+ from D on 11/3/2021 due to an increase in the total return index, valuation index and volatility index.

Sell 9/7/2021Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to D from D+ on 9/7/2021 due to a decline in the total return index and valuation index.

Sell 8/18/2021Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D+ from D on 8/18/2021 due to a significant increase in the total return index, growth index and volatility index. Earnings per share increased from -$0.0083 to $0.0042, EBIT increased 65.34% from -$463.9 to -$160.8, and operating cash flow increased 33.68% from -$239 to -$158.5.

Sell 5/22/2020Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D from D- on 5/22/2020 due to an increase in the growth index, efficiency index and volatility index. Operating cash flow increased 111.15% from -$555 to $61.9.

Sell 4/29/2020Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to D- from D on 4/29/2020 due to a significant decline in the valuation index, growth index and total return index. Operating cash flow declined 104.27% from -$271.7 to -$555, and EBIT declined 13.45% from -$243.8 to -$276.6.

Sell 7/1/2019Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to D from D+ on 7/1/2019 due to a large decline in the valuation index, volatility index and total return index.

Sell 5/7/2019Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to D+ from C- on 5/7/2019 due to a decline in the total return index, growth index and solvency index. Earnings per share declined from $0.0012 to -$0.0005, and the quick ratio declined from 24.79 to 11.53.

Hold 3/13/2019Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to C- from D+ on 3/13/2019 due to a large increase in the valuation index, efficiency index and growth index. Operating cash flow increased 58.04% from -$755 to -$316.8, EBIT increased 3.69% from -$424.9 to -$409.2, and total capital increased 3.07% from $55.81M to $57.53M.

Sell 8/15/2018Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D+ from D on 8/15/2018 due to a significant increase in the valuation index, efficiency index and growth index. Earnings per share increased from $0.0049 to $0.0155, net income increased 182.53% from $1.67M to $4.71M, and total capital increased 7.31% from $52.01M to $55.81M.

Sell 4/25/2018Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to D from D+ on 4/25/2018 due to a major decline in the total return index and growth index. Earnings per share declined from -$0.0041 to -$0.0115, and EBIT declined 16.57% from -$252.3 to -$294.1.

Sell 12/7/2017Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D+ from D on 12/7/2017 due to a substantial increase in the total return index, growth index and volatility index. EBIT increased 59.04% from -$615.9 to -$252.3.

Sell 10/25/2017Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to D from D+ on 10/25/2017 due to a noticeable decline in the total return index.

Sell 10/9/2017Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D+ from D on 10/9/2017 due to a noticeable increase in the total return index and volatility index.

Sell 9/7/2017Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to D from D+ on 9/7/2017 due to a noticeable decline in the total return index.

Sell 8/23/2017Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D+ from D on 8/23/2017 due to a noticeable increase in the total return index and volatility index.

Sell 8/4/2017Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to D from D+ on 8/4/2017 due to a noticeable decline in the total return index and valuation index.

Sell 7/26/2017Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D+ from D on 7/26/2017 due to a noticeable increase in the total return index and volatility index.

Sell 6/29/2017Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to D from D+ on 6/29/2017 due to a noticeable decline in the total return index.

Sell 6/14/2017Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D+ from D on 6/14/2017 due to a noticeable increase in the total return index.

Sell 5/12/2017Downgrade
Fortune Minerals Limited (FT.TO) was downgraded to D from D+ on 5/12/2017 due to a significant decline in the valuation index, efficiency index and total return index. Net income declined 2,376.24% from $169.6 to -$3.86M.

Sell 2/1/2017Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D+ from D on 2/1/2017 due to a significant increase in the valuation index, efficiency index and solvency index. The quick ratio increased from 1.42 to 5.73, and total capital increased 0.1% from $52.03M to $52.08M.

Sell 8/19/2016Upgraded
Fortune Minerals Limited (FT.TO) was upgraded to D from D- on 8/19/2016 due to a significant increase in the total return index, solvency index and growth index. EBIT increased 22.99% from -$318.4 to -$245.2, the quick ratio increased from 1.17 to 1.42, and earnings per share increased from -$0.0021 to -$0.0018.

Sell 3/28/2016Upgraded
Fortune Minerals Ltd. (FT.TO) was upgraded to D- from E+ on 3/28/2016 due to an increase in the volatility index and total return index.

Sell 3/11/2016Downgrade
Fortune Minerals Ltd. (FT.TO) was downgraded to E+ from D on 3/11/2016 due to a substantial decline in the volatility index, total return index and efficiency index. Net income declined 1,067.16% from -$2.96M to -$34.5M, and total capital declined 63.64% from $139.25M to $50.63M.

Sell 8/14/2015Downgrade
Fortune Minerals Ltd. (FT.TO) was downgraded to D from D+ on 8/14/2015 due to a noticeable decline in the solvency index, growth index and volatility index. Earnings per share declined from $0.0097 to -$0.0163, operating cash flow declined 75.52% from -$2.2M to -$538.9, and the quick ratio declined from 0.04 to 0.03.

Sell 5/15/2015Upgraded
Fortune Minerals Ltd. (FT.TO) was upgraded to D+ from D on 5/15/2015 due to an increase in the growth index and efficiency index. Operating cash flow increased 2.49% from -$2.15M to -$2.2M, and total capital increased 2.26% from $137.67M to $140.78M.

Sell 4/17/2015Downgrade
Fortune Minerals Ltd. (FT.TO) was downgraded to D from D+ on 4/17/2015 due to a decline in the growth index and total return index.

Sell 4/2/2015Upgraded
Fortune Minerals Ltd. (FT.TO) was upgraded to D+ from D on 4/2/2015 due to a major increase in the growth index and efficiency index. Earnings per share increased from -$0.0065 to -$0.0385, net income increased 392.14% from -$1.24M to -$6.12M, and operating cash flow increased 140.39% from -$893.6 to -$2.15M.

Sell 4/7/2014Downgrade
Fortune Minerals Ltd. (FT.TO) was downgraded to D from D+ on 4/7/2014 due to a large decline in the efficiency index, growth index and solvency index. Debt to equity increased from 0.02 to 0.03, total capital declined 31.95% from $134.12M to $91.27M, and the quick ratio declined from 3.54 to 2.99.