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Fortune BayTSXV:FOR -1.59%33 12-1 Month Momentum % is 21.15% as of Aug. 03, 2026. GuruFocus rates TSXV:FOR with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 2,499 Metals & Mining companies, Fortune Bay ranks worse than 50.7% on this metric.
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-08-03), Fortune Bay's 12-1 Month Momentum % is 21.15%.
The industry rank for Fortune Bay's 12-1 Month Momentum % or its related term are showing as below:
TSXV:FOR's 12-1 Month Momentum % is ranked worse than 50.7% of 2499
companies
in the Metals & Mining industry
Industry Median: 22.63
vs TSXV:FOR: 21.15
Fortune Bay (TSXV:FOR) 12-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Fortune Bay 12-1 Month Momentum % Related Terms
TSXV:FOR vs NEM, AU: 12-1 Month Momentum % Comparison
For the Gold subindustry, Fortune Bay's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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 Bay 12-1 Month Momentum % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortune Bay's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Fortune Bay's 12-1 Month Momentum % falls into.
Fortune Bay (TSXV:FOR) 12-1 Month Momentum % Calculation
12-1 Month Momentum % is calculated as following:
12-1 Month Momentum %
=
( Price 1-month ago
/
Price 12-month ago
- 1 )
*
100 %
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fortune Bay (TSXV:FOR) has a 12-1 Month Momentum % of 21.15% as of Aug. 03, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Fortune Bay and its competitors. According to the industry distribution chart, Fortune Bay ranks #1267 out of 2499 companies in the Metals & Mining industry, placing it in the top 50.7%.
Is Fortune Bay's 12-1 Month Momentum % too high?
Fortune Bay's current 12-1 Month Momentum % is 21.15%. The Metals & Mining industry median 12-1 Month Momentum % is 22.63. Fortune Bay's value of 21.15% is 6.5% below this industry median. Based on the distribution chart, Fortune Bay ranks #1267 out of 2499 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Fortune Bay has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Bay's 12-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortune Bay ranks #1267 out of 2499 companies for 12-1 Month Momentum %. This places Fortune Bay in the lower half of its industry. The industry median 12-1 Month Momentum % is 22.63. Fortune Bay's value of 21.15% is 6.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a Metals & Mining company?
The median 12-1 Month Momentum % among Metals & Mining companies is 22.63, based on 2,499 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortune Bay's current 12-1 Month Momentum % of 21.15% is 6.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Fortune Bay and its competitors. For the Metals & Mining industry, the median 12-1 Month Momentum % is 22.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortune Bay's current 12-1 Month Momentum % is 21.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Bay stock overvalued right now?
Fortune Bay (TSXV:FOR) has a current 12-1 Month Momentum % of 21.15%. The current 12-1 Month Momentum % is 21.15% and 6.5% below the Metals & Mining industry median of 22.63. Fortune Bay's overall GF Score™ is 33/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Fortune Bay (TSXV:FOR), the current 12-1 Month Momentum % is 21.15% as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Fortune Bay Corp is engaged in the acquisition, exploration, and development of mineral interests. It is in the process of exploring and evaluating its mineral properties in Canada and Mexico, which include the Poma Rosa Project which is located in the state of Chiapas, Mexico and the Goldfields Project, Murmac Uranium Project, and Strike Uranium Project in Canada. In addition, it has acquired the Woods Uranium Project, including the Spruce, Pine, Aspen, Birch, and Fir Projects located in the Northern Saskatchewan region of Canada.
33GF Score
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