Fortress Minerals Limited

OAJ

SGXE46200569

Iron & Steel

Market Closed - Singapore S.E. Other stock markets 04:54:30 2024-04-23 am EDT			5-day change	1st Jan Change
0.31 ^SGD	+1.64%		0.00%	+1.64%

Apr. 24	Fortress Minerals Limited Reports Earnings Results for the Fourth Quarter Ended February 29, 2024	CI
Jan. 24	Fortress Minerals Secures 12-Month Offtake Deal with Malaysian Domestic Steel Mill	MT

Fortress Minerals Limited Reports Earnings Results for the Fourth Quarter Ended February 28, 2022

April 27, 2022 at 08:03 am EDT

Fortress Minerals Limited reported earnings results for the fourth quarter ended February 28, 2022. For the fourth quarter, the company reported sales was USD 5.23 million compared to USD 17.34 million a year ago. Net income was USD 1.07 million compared to USD 6.08 million a year ago. Basic earnings per share from continuing operations was USD 0.0021 compared to USD 0.0122 a year ago.

Latest news about Fortress Minerals Limited

Fortress Minerals Limited Reports Earnings Results for the Fourth Quarter Ended February 29, 2024	Apr. 24	CI
Fortress Minerals Secures 12-Month Offtake Deal with Malaysian Domestic Steel Mill	Jan. 23	MT
Fortress Minerals' Attributable Profit Falls 21% in Fiscal Q3	Jan. 11	MT
Fortress Minerals Limited Reports Earnings Results for the Third Quarter and Nine Months Ended November 30, 2023	Jan. 11	CI
Singapore Shares Return to Black; Stamford Land Shares Slip 3% on Flagging Losses for Fiscal H1	23-10-24	MT
Fortress Minerals Signs Two Offtake Deals with Malaysian Steel Mill	23-10-23	MT
Singapore Shares Plummet on GDP News; Keppel Slips 1% as Flagship Infrastructure Fund Secures $575 Million Funds	23-10-13	MT
Fortress Minerals Profit Slips 5.8% in Fiscal Q2 Despite Revenue Jump	23-10-12	MT
Fortress Minerals Limited Announces Appointment of Edmund Chee Ji Kang as Executive Director, Effective 1 August 2023	23-07-31	CI
Fortress Minerals' Net Profit Falls 40% in Fiscal Q1; Shares Drop 6%	23-07-13	MT
Fortress Minerals' Net Profit Slips 9% in 12 Months to February Despite Revenue Jump	23-04-27	MT
Fortress Minerals Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended February 28, 2023	23-04-26	CI
Singapore Stocks Slip into Red; Nanofilm Technologies Shares Fall 9% as Q1 Revenue Plummets 40%	23-04-20	MT
Fortress Minerals Signs Nine-Month Offtake Deal with Malaysian Steel Mill; Shares Rise 10%	23-04-20	MT
Fortress Minerals' CFO Resigns	23-04-12	MT
Singapore Stocks End Flat; Sabana Industrial REIT Shares Rise 3% as Portfolio Occupancy Improves to 92.6% in Q1	23-04-11	MT
Fortress Minerals Limited Announces the Resignation of Henry Chow Tiam Chye as Chief Financial Officer	23-04-11	CI
Fortress Minerals Raises SG$9 Million Under Share Placement	23-04-11	MT
Fortress Minerals Gets Regulatory Nod to List Over 23 Million Placement Shares	23-03-30	MT
Optimism Over Banking Sector Pulls Singapore Shares into Black; GS Holdings Shares Rise 4% on JV Termination	23-03-21	MT
Fortress Minerals to Raise SG$9 Million via Share Placement; Shares Drop 12%	23-03-21	MT
Fortress Minerals Clinches Two Prospecting Licenses in Malaysia	23-03-07	MT
Fortress Minerals Limited Receives New Prospecting Licenses in Sabah; Seeks to Grow its Commodities Portfolio	23-03-06	CI
Singapore Shares Slip Into Red; Fortress Minerals Shares Rise 5% on Higher Q3 2022 Profit, Revenue	23-01-12	MT
Fortress Minerals Logs Higher Profit, Revenue in Fiscal Q3; Shares Rise 8%	23-01-12	MT

Chart Fortress Minerals Limited

Duration

Period

More charts

Company Profile

Fortress Minerals Limited is a Malaysia-based investment holding company. The Company operates through two segments: Iron ore and Others. The Iron ore segment is engaged in the exploration, mining, production, and sale of iron ore. The Others segment is engaged in the remaining minor trading and investment holding activities. The Company is principally in the business of exploration, mining, production, and sale of iron ore concentrate. It produces magnetite iron ore concentrate with Tetrafluoroethylene (TFe) grade of 65.0% and above, mined from the East, Valley, and West Deposits in its Bukit Besi Mine, and sell its iron ore concentrate primarily to steel mills and trading companies in the PRC and Malaysia. The principal activities of the Company, through its subsidiaries include acquisition of mines, mining rights, metalliferous land, quarries, and trading in minerals, transport of iron ore and minerals, payroll, corporate services, and others.

Sector

Iron & Steel

Calendar

2024-07-09 - Q1 2025 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.2277 USD

Average target price

0.261 USD

Spread / Average Target

+14.60%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Iron Ore Mining

	1st Jan change	Capi.
FORTRESS MINERALS LIMITED	+1.64%	119M
VALE S.A.	-17.67%	52.37B
FORTESCUE LTD	-14.68%	49.04B
NMDC LIMITED	+18.46%	8.25B
KUMBA IRON ORE LIMITED	-25.01%	7.49B
SHOUGANG HIERRO PERU S.A.A.	-2.36%	5.84B
CSN MINERAÇÃO S.A.	-35.50%	5.37B
NMDC STEEL LIMITED	+32.30%	2.3B
HAINAN MINING CO., LTD.	+9.10%	1.93B
DETERRA ROYALTIES LIMITED	-5.69%	1.7B

Iron Ore Mining