Formation Minerals, Inc. (FOMI)

Market Cap	20.01K -99.5%
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	2,811
Open	0.0001
Previous Close	0.0001
Day's Range	0.0001 - 0.0001
52-Week Range	0.0001 - 0.1200
Beta	n/a
RSI	46.71
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.