Formation Metals Inc.

As of March 31, 2026, FORMATION METALS INC carries a market capitalization of 23.82M, placing it among publicly traded companies globally. Its enterprise value stands at 19.98M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

As of March 31, 2026, FORMATION METALS INC has 97.80M shares outstanding.

These figures are as of March 31, 2026.

As of March 31, 2026, FORMATION METALS INC maintains a current ratio of 25.93, meaning it holds 25.9x the short-term assets needed to cover near-term liabilities.

Over the twelve months ended March 31, 2026, FORMATION METALS INC posted a negative return on equity (ROE) of -90.26, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -87.96, reflecting losses generated across the asset base.

As of the close on October 22, 2026, FORMATION METALS INC's stock has declined approximately 9.11% over the past 52 weeks. The 50-day moving average sits at 0.23, while the 200-day moving average is 0.25.

Over the twelve months ended March 31, 2026, FORMATION METALS INC generated - - in revenue and converted that into -5.28M in net income, yielding earnings per share of -0.08. EBITDA reached -5.57M, while operating income came in at -5.57M.

These figures are as of March 31, 2026. Total book value stands at 9.78M, with working capital of 5.10M providing operational flexibility.

FORMATION METALS INC produced -4.37M in operating cash flow over the twelve months ended March 31, 2026. After subtracting -3.00M in capital expenditures, free cash flow totaled -7.38M - equivalent to -0.11 per share.

These figures cover the twelve months ended March 31, 2026. Free cash flow yield is negative at -46.37: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -45.88, meaning FORMATION METALS INC raised more capital through share issuance and new debt than it returned via dividends and buybacks.

As of March 31, 2026, FORMATION METALS INC has an Altman Z-Score of 67.52, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.