Forte Minerals (CUAU) Financials
CSE: CUAU · Copper, Gold · Exploration stage
- Market cap$91.5M
- Share price$1.17
- 52-week range$0.960 – $1.95
- Shares outstanding78,200,058
- ExchangeCSE
- Websiteforteminerals.com
Forte Minerals Corp. is a Canadian exploration company trading on the Canadian Securities Exchange under the symbol CUAU (CSE: CUAU), with a strong portfolio of high-quality copper (“Cu”) and gold (“Au”) assets in Perú. Our strategic partnership with GlobeTrotters Resources Perú S.A.C. (“GTR”) grants us access to a comprehensive project pipeline, enabling us to target the most promising opportunities. This collaboration focuses on historically identified, drill-ready targets, driving significant value in copper and gold resource development. The team comprises dedicated and qualified professionals with a combined 215 years of experience in exploration and mining in the Americas, as well as 60 years of successful experience managing public companies. This combination of expertise accelerates the extensive connections to projects and financing.
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Forte Minerals financial statements
Key figures read from 17 of 18 financial statement filings, May 24, 2022 to Aug 28, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$13,298,621 | C$1,124,439 | C$154,062 | C$1,346,218 | C$142,835 |
| Total current assets | C$13,454,173* | C$1,187,423* | C$265,354* | C$1,529,213* | C$153,604* |
| Exploration and evaluation assets | C$1,702,298 | C$1,642,595 | C$948,798 | C$948,798 | C$948,798 |
| Total assets | C$15,156,471 | C$2,830,018 | C$1,214,152 | C$2,478,011 | C$1,399,352 |
| Shareholders' equity | C$14,775,374 | C$2,658,948 | C$1,162,682 | C$2,413,134 | C$1,206,604 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$1,410,562 | C$480,468 | C$421,838 | C$481,767 | C$225,804 |
| General and administrative | C$373,389 | C$231,117 | C$233,971 | C$248,647 | C$173,722 |
| Share-based compensation | C$2,029,326 | C$230,429 | C$0 | C$111,721 | C$0 |
| Impairments and write-downs | C$0 | (C$126,510) | — | — | — |
| Net income (loss) | (C$4,816,942) | (C$1,641,770) | (C$1,146,702) | (C$1,389,081) | (C$511,896) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$2,729,090) | (C$1,072,567) | (C$1,210,620) | (C$1,368,612) | (C$519,281) |
| Investing cash flow | — | (C$36,447) | — | — | — |
| Financing cash flow | C$14,961,706 | C$2,075,617 | C$31,836 | C$2,563,965 | (C$106,289) |
| Exploration spending (capitalized) | — | (C$36,447) | — | — | — |
| Proceeds from share issues | — | C$1,688,117 | — | — | — |
| Change in cash | C$12,174,182 | (C$970,377) | (C$1,192,156) | C$1,203,383 | (C$634,524) |
| Cash at end of period | C$13,298,621 | — | C$154,062 | C$1,346,218 | C$142,835 |
No financings are on record for Forte Minerals yet.