Formation Minerals, Inc. (FOMI)

OTCMKTS · Delayed Price · Currency is USD
0.0240
0.00 (0.00%)
Jul 15, 2025, 9:30 AM EDT
-40.13%
Market Cap 2.65M
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 n/a
Average Volume 12,485
Open 0.0240
Previous Close 0.0240
Day's Range 0.0240 - 0.0240
52-Week Range 0.0002 - 0.1200
Beta n/a
RSI 48.16
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. [Read more]

Sector Energy
CEO Scott Cox
Employees 3
Stock Exchange OTCMKTS
Ticker Symbol FOMI
Full Company Profile

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.

Financial Statements

News

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