Fortune Minerals (FRA:FMP) 3-1 Month Momentum %: 12.88% (As of Jul. 19, 2026)

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FRA:FMP Fortune Minerals Ltd FRA:FMP
23 GF Score
Price €0.07
! 4 Warning Signs
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What is Fortune Minerals 3-1 Month Momentum %?

Fortune Minerals FRA:FMP -4.03% 23 3-1 Month Momentum % is 12.88% as of Jul. 19, 2026. GuruFocus rates FRA:FMP with a GF Score™ of 23/100. The stock has 4 warning signs investors should review. Among 2,530 Metals & Mining companies, Fortune Minerals ranks better than 93% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-07-19), Fortune Minerals's 3-1 Month Momentum % is 12.88%.

The industry rank for Fortune Minerals's 3-1 Month Momentum % or its related term are showing as below:

FRA:FMP's 3-1 Month Momentum % is ranked better than
93% of 2530 companies
in the Metals & Mining industry
Industry Median: -11.73 vs FRA:FMP: 12.88

Fortune Minerals  (FRA:FMP) 3-1 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 3-1 Month Momentum % measures the total return to a stock over the past three 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 Minerals 3-1 Month Momentum % Related Terms

Fortune Minerals 3-1 Month Momentum % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Fortune Minerals's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 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 Minerals 3-1 Month Momentum % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortune Minerals's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Fortune Minerals's 3-1 Month Momentum % falls into.


FRA:FMP
23GF Score
Fortune Minerals Ltd FRA:FMP
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortune Minerals  (FRA:FMP) 3-1 Month Momentum % Calculation

3-1 Month Momentum % is calculated as following:

3-1 Month Momentum %=( Price 1-month ago / Price 3-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.

Frequently Asked Questions Learn more about 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of 12.88% mean?
Fortune Minerals (FRA:FMP) has a 3-1 Month Momentum % of 12.88% as of Jul. 19, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Fortune Minerals and its competitors. According to the industry distribution chart, Fortune Minerals ranks #177 out of 2530 companies in the Metals & Mining industry, placing it in the top 7%.
Is Fortune Minerals' 3-1 Month Momentum % too high?
Fortune Minerals' current 3-1 Month Momentum % is 12.88%. Based on the distribution chart, Fortune Minerals ranks #177 out of 2530 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Fortune Minerals has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Minerals' 3-1 Month Momentum % compare to competitors?
According to the Metals & Mining industry distribution chart, Fortune Minerals ranks #177 out of 2530 companies for 3-1 Month Momentum %. This places Fortune Minerals in the top 7% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Metals & Mining company?
A good 3-1 Month Momentum % depends on the Metals & Mining industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Fortune Minerals and its competitors. Fortune Minerals's current 3-1 Month Momentum % is 12.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Minerals stock overvalued right now?
Fortune Minerals (FRA:FMP) has a current 3-1 Month Momentum % of 12.88%. The current 3-1 Month Momentum % is 12.88%. Fortune Minerals' overall GF Score™ is 23/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Fortune Minerals (FRA:FMP), the current 3-1 Month Momentum % is 12.88% as of Jul. 19, 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 Minerals Business Description

Other Exchanges FTMDF:USA0UWG:UKFT:Canada
Address 617 Wellington Street, London, ON, CAN, N6A 3R6
Fortune Minerals Ltd is engaged in the development and mining of critical and precious metal deposits in Canada. It is involved in the exploration and development of specialty metals, base metals, and precious metals in the NWT (three of which are Critical Minerals), with a Hydromet Facility planned to be built in Alberta. The NICO Project is at an advanced stage of development that includes a proposed hydrometallurgical processing plant to process metal concentrates produced from the NICO Mine and produce value metal and chemical products The group also owns the Sue-Dianne copper-silver-gold deposit, and the Salkeld Lake exploration project.
23GF Score

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3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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