Formation Metals Inc. (FOMTF)

OTCMKTS · Delayed Price · Currency is USD
0.2928
+0.0016 (0.57%)
Feb 11, 2026, 3:27 PM EST
Market Cap28.56M +348.3%
Revenue (ttm)n/a
Net Income-3.59M
EPS-0.08
Shares Outn/a
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume56,257
Average Volume153,220
Open0.2901
Previous Close0.2912
Day's Range0.2868 - 0.2940
52-Week Range0.0005 - 0.3670
Betan/a
RSI55.50
Earnings DateMar 2, 2026

About Formation Metals

Formation Metals Inc. engages in the acquisition and exploration of mineral property assets in North America. The company explore nickel, copper, and cobalt deposits. Its flagship project is 100% owned N2 Gold project located in Northwestern Quebec. The company was incorporated in 2022 and is headquartered in Vancouver, Canada. [Read more]

Industry Metal Mining
Founded 2022
Country Canada
Stock Exchange OTCMKTS
Ticker Symbol FOMTF
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

News

Formation Metals Mobilizes Second Rig to Accelerate 14,000 Metre Drill Program at its Advanced N2 Gold Project

VANCOUVER, BC / ACCESS Newswire / January 29, 2026 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO)(FSE:VF1)(OTCQB:FOMTF), a North American mineral acquisition and exploration company...

14 days ago - Accesswire

Formation Metals to Commence Maiden Mineral Resource Estimate Inclusive of Nearly 70,000 Metres of Drilling Following Completion of Ongoing Phase 1 Drill Program at the Advanced N2 Gold Project

Estimate to Incorporate New Drilling Results and Extensive Historical Data, Targeting Significant Resource Growth Highlights: Formation is undertaking a fully funded 30,000-metre drill program at its ...

21 days ago - Accesswire

Formation Metals Expands Phase 1 Drill Program to 14,000 Metres at its Advanced N2 Gold Project

Highlights: The Company is undertaking a fully funded 30,000 metre drill program at its flagship N2 Gold Project in Quebec, host to a global historic resource of ~871,000 ounces comprised of 18 Mt gra...

4 weeks ago - Accesswire

Formation Metals Further Validates Open Pit Potential at N2 Gold Project: Intersects Over 100 Metres of Near Surface Target Mineralization in Three New Drillholes

Highlights: Significant mineralized sections were intercepted in N2-25-006, N2-25-009 and N2-25-011 drilled in the "A" zone, where the Company is targeting a multi-million ounce conceptual open-pit re...

2 months ago - Accesswire

Formation Metals Intercepts 152.9 and 208.8 metres of Target Mineralization Near Surface at the Advanced N2 Gold Project, Strengthening Open Pit Model

Highlights: Significant mineralized sections have been intercepted within N2-25-003 and N2-25-008, drilled in the "A" and "RJ" zones. Formation is presently undertaking the first drill campaign at N2 ...

2 months ago - Accesswire

CORRECTION: Formation Metals Intercepts Strong Mineralization Including Visible Gold at the Advanced N2 Gold Project

Highlights: Visible gold observed in two of the first thirteen drill holes including within a 30.8 metre interval drilled in the "A" and "RJ" zones. Formation is presently undertaking the first drill ...

2 months ago - Accesswire

Formation Metals Intercepts Strong Mineralization Including Visible Gold at the Advanced N2 Gold Project

Highlights: Visible gold observed in two of the first thirteen drill holes including within a 30.8 metre interval drilled in the "A" and "RJ" zones. Formation is presently undertaking the first drill ...

2 months ago - Accesswire

Formation Metals Closes Second Tranche of its Private Placement for Aggregate Proceeds of $8.46M, Increases Drill Program to 30,000 Metres at the Advanced N2 Gold Project

VANCOUVER, BC / ACCESS Newswire / October 31, 2025 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO)(FSE:VF1)(OTCQB:FOMTF), a North American mineral acquisition and exploration company...

3 months ago - Accesswire

Formation Metals Closes $8.26M First Tranche of Its Private Placements, Fully Funding 20,000 Metre Drill Program at the Advanced N2 Gold Project

Highlights: Formation has closed $8,262,389.48 in gross proceeds, fully funding its planned 20,000 metre total multi-phase drill program at its flagship N2 Gold Project in Quebec, host to a global his...

4 months ago - Accesswire

Formation Metals Announces Upsize to Previously Announced LIFE Offering and Private Placement of Units to $8.6 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Highlights: Formation has planned a 20,000 metre total multi-phase drill program at its flagship N2 Go...

4 months ago - Accesswire

Formation Metals Announces $6,000,000 Private Placement is Fully Allocated

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Highlights: Formation has planned a 20,000 metre total multi-phase drill program at its flagship N2 Go...

4 months ago - Accesswire

Formation Metals Announces $6,000,000 Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES High lights: Formation has planned a 20,000 metre total multi-phase drill program at its flagship N2 G...

4 months ago - Accesswire

Formation Metals Commences Fully Funded 10,000 Metre Drill Program at the Advanced N2 Gold Project

Highlights: Formation has commenced a fully funded 10,000 metre multi-phase drill program at its flagship N2 Gold Project near Matagami, Quebec, host to a global historic resource of ~870,000 ounces c...

5 months ago - Accesswire

Formation Metals Receives Final Permits, Mobilizes to Site to Begin 10,000 Metre Drill Program at the Advanced N2 Gold Project

VANCOUVER, BC / ACCESS Newswire / September 22, 2025 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO)(FSE:VF1)(OTCQB:FOMTF), a North American mineral acquisition and exploration compa...

5 months ago - Accesswire

Formation Metals Finalizes Team for Fully Funded 10,000 Metre Drill Program at the Advanced N2 Gold Project, Prepares to Commence Drilling

Highlights: Formation has planned a 20,000 metre multi-phase drill program at its flagship N2 Gold Project near Matagami, Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 ...

5 months ago - Accesswire

Formation Metals Mobilizes to Site in Preparation for Near-Term Fully Funded 10,000 Metre Drill Program at the Advanced N2 Gold Project; Closes Final Tranche, Increasing Exploration Budget to ~$5.7M

Highlights: Formation has planned a 20,000 metre multi-phase drill program at its flagship N2 Gold Project near Matagami, Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 ...

6 months ago - Accesswire

Formation Metals Closes $2.33M at up to $0.50/Unit Increasing Exploration Budget to ~$5.1M, Expands Maiden Drill Program at the Advanced N2 Gold Project to Fully Funded 10,000 Metres

Highlights: Formation has planned a 20,000 metre multi-phase drill program at its flagship N2 Gold Project near Matagami, Quebec, host to a global historic resource of ~870,000 ounces comprised of 18 ...

7 months ago - Accesswire

Formation Metals Expands Maiden Drill Program at the Advanced N2 Gold Project to Fully Funded 7,500 Metres

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Highlights: Formation has planned a 20,000 metre multi-phase drill program at its flagship N2 Gold Pro...

7 months ago - Accesswire

Formation Metals Files 30-Day Notice for the Commencement of the 20,000 Metre Multi-Phase Drill Program for the Advanced N2 Gold Project

Highlights: Formation has filed its 30-day notice with the responsible municipal authorities for its upcoming 2025 exploration activities. Formation has planned a 20,000 metre multi-phase drill progra...

8 months ago - Accesswire

Formation Metals Retains StratExplo to Manage 20,000 Metre Multi-Phase Drill Program for the Advanced N2 Gold Project

VANCOUVER, BC / ACCESS Newswire / June 6, 2025 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO)(FSE:VF1)(OTC PINK:FOMTF), a North American mineral acquisition and exploration company,...

8 months ago - Accesswire

Formation Metals Announces 20,000 Metre Multi-Phase Drill Program for the Advanced N2 Gold Project

VANCOUVER, BC / ACCESS Newswire / May 20, 2025 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO)(FSE:VF1)(OTCPK:FOMTF), a North American mineral acquisition and exploration company, is...

9 months ago - Accesswire

Formation Metals Advances 2025 Drilling Program with ATI Application for N2 Property

VANCOUVER, BC / ACCESS Newswire / May 16, 2025 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO), a North American mineral acquisition and exploration company, is pleased to announce t...

9 months ago - Accesswire

Formation Metals Begins Trading on the OTCQB Venture Market

VANCOUVER, BC / ACCESS Newswire / May 15, 2025 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO), a North American mineral acquisition and exploration company, is pleased to announce t...

9 months ago - Accesswire

Formation Metals Receives Form 211 Clearance; Anticipates Uplisting on the OTCQB Shortly to Expand US Investor Outreach Following Acquisition of Historical 877,000 Oz Gold N2 Property

VANCOUVER, BC / ACCESS Newswire / May 13, 2025 / Formation Metals Inc. ("Formation" or the "Company") (CSE:FOMO), a North American mineral acquisition and exploration company, is pleased to announce t...

9 months ago - Accesswire