GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortune Minerals Ltd (OTCPK:FTMDF) » Definitions » 3-Year Book Growth Rate

Fortune Minerals (Fortune Minerals) 3-Year Book Growth Rate : 0.00% (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Fortune Minerals 3-Year Book Growth Rate?

Fortune Minerals's Book Value per Share for the quarter that ended in Dec. 2023 was $-0.01.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Fortune Minerals was 32.80% per year. The lowest was -35.70% per year. And the median was -5.80% per year.

Competitive Comparison of Fortune Minerals's 3-Year Book Growth Rate

For the Other Industrial Metals & Mining subindustry, Fortune Minerals's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fortune Minerals's 3-Year Book Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortune Minerals's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Fortune Minerals's 3-Year Book Growth Rate falls into.


Fortune Minerals 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Fortune Minerals  (OTCPK:FTMDF) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Fortune Minerals 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Fortune Minerals's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Fortune Minerals (Fortune Minerals) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortune Minerals Ltd (OTCPK:FTMDF) » Definitions » 3-Year Book Growth Rate
Comparable Companies
TSXV:MLP TSXV:GT TSXV:BRO TSXV:QZM XCNQ:SLV XCNQ:TN TSXV:EPL XCNQ:CC TSXV:B TSXV:SCD ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 GMEXICOB LSE:AAL MIC:GMKN
Traded in Other Exchanges
FT:Canada
Address
617 Wellington Street, London, ON, CAN, N6A 3R6
Website
https://www.fortuneminerals.com
Fortune Minerals Ltd is a Canadian mining and mine development company focused on developing the NICO Cobalt-Gold-Bismuth Copper Project in the Northwest Territories. The company plans to build a hydrometallurgical plant in southern Canada to process NICO metal concentrates. It also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life.