Added to YB: 2026-02-09
Pitch date: 2026-02-05
FUN.AX [bullish]
Fortuna Metals Limited
-12%
current return
Author Info
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Company Info
Fortuna Metals Limited explores and evaluates mineral projects in Malawi and Australia. It explores for neodymium, praseodymium, rutile, graphite, gold, rare earth elements (REE), and other base metals deposits.
Market Cap
AUD 28.3M
Pitch Price
AUD 0.10
Price Target
0.22 (+150%)
Dividend
N/A
EV/EBITDA
-38.64
P/E
-1.15
EV/Sales
674.25
Sector
Metals and Mining
Category
special_situation
Fortuna Metals Gets The All-Clear From Malawi
FUN.AX (update): Malawi govt confirms Mkanda rutile project exempt from raw mineral export ban that crushed stock 22c→11c in Oct. Now drilling high-grade rutile >1.62% vs SVM's Kasiya 1% average. FUN $28M mcap vs SVM $500M 20km north. 600+ holes pending, maiden resource due 2024. 120%+ upside to pre-panic levels.
Read full article (3 min)