Formation Minerals, Inc. (FOMI)

Market Cap	2.10M
Revenue (ttm)	-21.42K
Net Income (ttm)	-1.69M
Shares Out	100.04M
EPS (ttm)	-0.01
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,191
Average Volume	2,865
Open	0.0400
Previous Close	0.0210
Day's Range	0.0270 - 0.0400
52-Week Range	0.0002 - 0.1332
Beta	n/a
RSI	60.68
Earnings Date	Jul 29, 2025

About Formation Minerals

Formation Minerals, Inc. acquires and manages oil and gas minerals and royalties in the United States. It owns producing mineral, royalty, and over-riding royalty interests. The company is based in Jacksboro, Texas.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• CEO: Scott Cox
• Employees: 3
• Stock Exchange: OTCMKTS
• Ticker Symbol: FOMI

Financial Performance

In 2024, Formation Minerals's revenue was $1,146, a decrease of -74.05% compared to the previous year's $4,417. Losses were -$1.68 million, 119.0% more than in 2023.