Formation Minerals, Inc. (FOMI)

Market Cap	10.00K -99.8%
Revenue (ttm)	-21.42K -74.1%
Net Income	-1.69M
EPS	-0.01
Shares Out	100.04M
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	n/a
Average Volume	3,076
Open	0.0001
Previous Close	0.0001
Day's Range	0.0001 - 0.0001
52-Week Range	0.0001 - 0.1200
Beta	417.87
RSI	45.92
Earnings Date	Jul 31, 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.

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

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.