Formation Metals Inc. (CSE:FOMO)
Canada
· Delayed Price · Currency is CAD | Market Cap | 39.27M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | -6.19M |
| Shares Out | 98.17M |
| EPS (ttm) | -0.12 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,979,850 |
| Average Volume | 749,815 |
| Open | 0.400 |
| Previous Close | 0.400 |
| Day's Range | 0.385 - 0.405 |
| 52-Week Range | 0.240 - 0.520 |
| Beta | n/a |
| RSI | 53.92 |
| Earnings Date | Jul 24, 2026 |
About Formation Metals
Formation Metals Inc. engages in the acquisition and exploration of mineral property assets in North America. The company explore nickel, copper, and cobalt deposits. Its flagship project is 100% owned N2 Gold project located in Northwestern Quebec. The company was incorporated in 2022 and is headquartered in Vancouver, Canada. [Read more]
Financial Performance
Financial StatementsNews
Formation Metals Expands Potential Width of A-Zone Through 400 Metre Step-Out; Fully Funded 30,000 Metre Drill Program to Continue Along Strike
Highlights: Visible gold has been observed in drillhole N2-226-24. N2-26-24, advanced as part of extensional drilling, is a 400 metre step-out to the of N2-25-007, N2-25-008 and N2-25-010, where the C...
Formation Metals Appoints Veteran Geologist and Mining Executive Michael Dehn to the Board of Directors; Commences Fully Funded 15,000 Metre Extensional Drill Program at the Advanced N2 Gold Project
VANCOUVER, BC / ACCESS Newswire / April 20, 2026 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO)(FSE:VF1)(OTCQB:FOMTF), a North American mineral acquisition and exploration company, ...
Formation Metals Responds to OTC Markets Request on Recent Promotional Activity
VANCOUVER, BC / ACCESS Newswire / April 17, 2026 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO)(FSE:VF1)(OTCQB:FOMTF) announces that it has been requested by OTC Markets Group Inc. ...
Formation Metals Intersects 1.8 g/t Au over 21.9 Metres East of 1.75 g/t Au over 30.4 metres at the Advanced N2 Gold Project: Drilling Confirms 300 Metre Continuity Within 5 Kilometres of Mineralized Strike
Highlights: N2-25-004: 0.83 g/t Au over 40.4 metres beginning at 180.0 metres downhole, 147.4 metres vertical. N2-25-006: 1.8 g/t Au over 21.9 metres beginning at 154.4 metres downhole, 133.7 metres v...
Formation Metals to Host Live Investor Webinar on the N2 Gold Project to Discuss Phase 1 Drill Results, including 1.75 g/t Au over 30.4 Metres, and Maiden Resource Estimate Following Fully Funded 30,000-Metre Program
Highlights: Formation Metals will host a live investor webinar on Tuesday, April 7, 2026, at 10:00 AM PDT (1:00 PM EDT / 7:00 PM CEST), featuring President & CEO Deepak Varshney, P.Geo. Phase 1 drilli...
Formation Metals Intersects 0.95 g/t Au over 61.1 Metres, including 1.68 g/t Au over 26.5 Metres at the Advanced N2 Gold Project; Bulk-Tonnage Gold Target Identified with 8 Kilometres of Strike to Explore
Highlights: N2-25-007: 1.3 g/t Au over 22.2 metres beginning at 139.9 metres downhole, 121.2 metres vertical. Highlight interval includes 2.36 g/t Au over 10.5 metres.
Formation Metals Appoints Roger Rosmus to Newly Established Advisory Board
VANCOUVER, BC / ACCESS Newswire / February 19, 2026 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO)(FSE:VF1)(OTCQB:FOMTF), a North American mineral exploration company focused on adv...
Formation Metals Drills 1.75 g/t Au over 30.4 Metres Including 3.51 g/t Au over 10.5 Metres at the Advanced N2 Gold Project
Highlights: N2-25-005: 0.91 g/t Au over 42.3 metres beginning at 14.0 metres downhole, 9.9 metres vertical. Highlight intervals include 2.04 g/t Au over 8.1 metres and 1.31 g/t Au over 11.4 metres.
Formation Metals Mobilizes Second Rig to Accelerate 14,000 Metre Drill Program at its Advanced N2 Gold Project
VANCOUVER, BC / ACCESS Newswire / January 29, 2026 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO)(FSE:VF1)(OTCQB:FOMTF), a North American mineral acquisition and exploration company...
Formation Metals to Commence Maiden Mineral Resource Estimate Inclusive of Nearly 70,000 Metres of Drilling Following Completion of Ongoing Phase 1 Drill Program at the Advanced N2 Gold Project
Estimate to Incorporate New Drilling Results and Extensive Historical Data, Targeting Significant Resource Growth Highlights: Formation is undertaking a fully funded 30,000-metre drill program at its ...
Formation Metals Expands Phase 1 Drill Program to 14,000 Metres at its Advanced N2 Gold Project
Highlights: The Company is undertaking a fully funded 30,000 metre drill program at its flagship N2 Gold Project in Quebec, host to a global historic resource of ~871,000 ounces comprised of 18 Mt gra...
Formation Metals Further Validates Open Pit Potential at N2 Gold Project: Intersects Over 100 Metres of Near Surface Target Mineralization in Three New Drillholes
Highlights: Significant mineralized sections were intercepted in N2-25-006, N2-25-009 and N2-25-011 drilled in the "A" zone, where the Company is targeting a multi-million ounce conceptual open-pit re...
Formation Metals Intercepts 152.9 and 208.8 metres of Target Mineralization Near Surface at the Advanced N2 Gold Project, Strengthening Open Pit Model
Highlights: Significant mineralized sections have been intercepted within N2-25-003 and N2-25-008, drilled in the "A" and "RJ" zones. Formation is presently undertaking the first drill campaign at N2 ...
CORRECTION: Formation Metals Intercepts Strong Mineralization Including Visible Gold at the Advanced N2 Gold Project
Highlights: Visible gold observed in two of the first thirteen drill holes including within a 30.8 metre interval drilled in the "A" and "RJ" zones. Formation is presently undertaking the first drill ...
Formation Metals Intercepts Strong Mineralization Including Visible Gold at the Advanced N2 Gold Project
Highlights: Visible gold observed in two of the first thirteen drill holes including within a 30.8 metre interval drilled in the "A" and "RJ" zones. Formation is presently undertaking the first drill ...
Formation Metals Closes Second Tranche of its Private Placement for Aggregate Proceeds of $8.46M, Increases Drill Program to 30,000 Metres at the Advanced N2 Gold Project
VANCOUVER, BC / ACCESS Newswire / October 31, 2025 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO)(FSE:VF1)(OTCQB:FOMTF), a North American mineral acquisition and exploration company...
Formation Metals Closes $8.26M First Tranche of Its Private Placements, Fully Funding 20,000 Metre Drill Program at the Advanced N2 Gold Project
Highlights: Formation has closed $8,262,389.48 in gross proceeds, fully funding its planned 20,000 metre total multi-phase drill program at its flagship N2 Gold Project in Quebec, host to a global his...
Formation Metals Announces Upsize to Previously Announced LIFE Offering and Private Placement of Units to $8.6 Million
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Highlights: Formation has planned a 20,000 metre total multi-phase drill program at its flagship N2 Go...
Formation Metals Announces $6,000,000 Private Placement is Fully Allocated
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Highlights: Formation has planned a 20,000 metre total multi-phase drill program at its flagship N2 Go...
Formation Metals Announces $6,000,000 Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES High lights: Formation has planned a 20,000 metre total multi-phase drill program at its flagship N2 G...
Formation Metals Commences Fully Funded 10,000 Metre Drill Program at the Advanced N2 Gold Project
Highlights: Formation has commenced a fully funded 10,000 metre multi-phase drill program at its flagship N2 Gold Project near Matagami, Quebec, host to a global historic resource of ~870,000 ounces c...
Formation Metals Receives Final Permits, Mobilizes to Site to Begin 10,000 Metre Drill Program at the Advanced N2 Gold Project
VANCOUVER, BC / ACCESS Newswire / September 22, 2025 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO)(FSE:VF1)(OTCQB:FOMTF), a North American mineral acquisition and exploration compa...
Formation Metals Finalizes Team for Fully Funded 10,000 Metre Drill Program at the Advanced N2 Gold Project, Prepares to Commence Drilling
Highlights: Formation has planned a 20,000 metre multi-phase drill program at its flagship N2 Gold Project near Matagami, Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 ...
Formation Metals Mobilizes to Site in Preparation for Near-Term Fully Funded 10,000 Metre Drill Program at the Advanced N2 Gold Project; Closes Final Tranche, Increasing Exploration Budget to ~$5.7M
Highlights: Formation has planned a 20,000 metre multi-phase drill program at its flagship N2 Gold Project near Matagami, Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 ...
Formation Metals Closes $2.33M at up to $0.50/Unit Increasing Exploration Budget to ~$5.1M, Expands Maiden Drill Program at the Advanced N2 Gold Project to Fully Funded 10,000 Metres
Highlights: Formation has planned a 20,000 metre multi-phase drill program at its flagship N2 Gold Project near Matagami, Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 ...