SmallCaps
ASX:FUNMaterialsDiversified Metals & Mining

Fortuna Metals Ltd

Fortuna Metals Limited, formerly Lanthanein Resources Ltd, is a mineral exploration company with a focus on the discovery of critical minerals including rare earth elements (REEs) and base metals in the tier 1 mining jurisdictions of Wes…

$0.090 ⁠$0.001 (1.10%)AUD · Closed
+53.3%52-week return
Day Range
$0.090$0.091
52 Week Range
$0.000$0.220
Volume
88.89K
Avg Volume (10D)
153.78K
Market Cap
$37.95M
The company

The business

What Fortuna Metals Ltd does

Fortuna Metals Limited, formerly Lanthanein Resources Ltd, is a mineral exploration company with a focus on the discovery of critical minerals including rare earth elements (REEs) and base metals in the tier 1 mining jurisdictions of Western Australia and South Australia. The Company's projects include Gascoyne and Murraydium. The Gascoyne REE Project is exploring light rare-earth oxides of Neodymium (Nd2O3) and Praseodymium (Pr6O11) critical to the production of permanent magnets and renewable energies such as wind turbines. The Murraydium Project is located in the south-eastern region of South Australia with an EL 6717 license.

Incorporated
AUS
Public since
2003-04-09
Employees
40
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Share price & key data

Share price

OHLC · volume · moving averages
$0.090+$0.008 (+9.76%)over 6M
Hi$0.150Lo$0.000
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today
Open
$0.091
Prev Close
$0.091
Day High
$0.091
Day Low
$0.090
52wk High
$0.220
52wk Low
$0.000

Valuation

Multiples
Market Cap
$37.95M
Shares Out
421.71M
Price/Book
0.87

Trading Activity

Volume & book
Volume
88.89K
Value Traded
$8.08K
Bid
$0.090 × 395,144
Ask
$0.091 × 11,707
Avg Vol 10D
153.78K

Performance

Total return
1 Day
-1.08%
5 Day
-6.12%
13 Week
-29.23%
52 Week
+53.33%
YTD
+12.20%
Peers & news

Latest news

From the Small Caps desk
Fortuna Metals Produces High-Purity Rutile at Mkanda Project in Malawi
Mining & Resources

Fortuna Metals Produces High-Purity Rutile at Mkanda Project in Malawi

Fortuna Metals reports high-purity rutile at Mkanda, 96.66% TiO2 in bulk test; boosts case for maiden MRE as drilling advances.

Fortuna Metals Raises $3.5m to Help Fast Track Malawi Rutile and Graphite Projects
Mining & Resources

Fortuna Metals Raises $3.5m to Help Fast Track Malawi Rutile and Graphite Projects

Fortuna Metals (ASX: FUN) has received firm commitments to raise $3.5 million to support its fast-tracking of the Mkanda and Kampini rutile and graphite projects in Malawi.

Fortuna Metals Identifies Significant Historical Titanium Mineralisation in Malawi
Mining & Resources

Fortuna Metals Identifies Significant Historical Titanium Mineralisation in Malawi

Fortuna Metals (ASX: FUN) has unearthed significant mineralisation upside with a desktop review of its Mkanda and Kampini rutile and graphite projects in Malawi. The study has identified 19 historical drill holes with high titanium values in previous metallurgical test work Sovereign Metals (ASX: SVM) conducted at the Malingunde graphite project in 2018. The Mkanda and Kampini licences […]

Three small cap ASX plodders now positioning for the home straight
Hot Topics

Three small cap ASX plodders now positioning for the home straight

Almost every small cap investor knows the pain of investing in the next big thing, only to find their stock remains resolutely that: a small cap. Or even worse the company ceases to be altogether, providing fodder for the ever-booming insolvency industry. Even more annoying is the regret of investors losing patience with a serial […]

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