Formation Minerals, Inc. (FOMI)

OTCMKTS · Delayed Price · Currency is USD
0.0001
0.00 (0.00%)
Mar 25, 2026, 4:00 PM EST
Market Cap10.00K -99.8%
Revenue (ttm)-21.42K -74.1%
Net Income-1.69M
EPS-0.01
Shares Out100.04M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume385
Average Volume3,807
Open0.0001
Previous Close0.0001
Day's Range0.0001 - 0.0001
52-Week Range0.0001 - 0.1200
Betan/a
RSI45.96
Earnings DateMar 26, 2026

About Formation Minerals

Formation Minerals, Inc. engages in the acquisitions and development of oil and gas mineral. It owns royalty interests and holds a non-operated working interest in the oil and gas operations in the United States. 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 fiscal year 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