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Fidelity Minerals Corp (FMN)

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Suffers from weak gross profit margins

Fidelity Minerals Corp Company Profile

Fidelity Minerals Corp. engages in the exploration and development of mineral properties. It explores for gold, copper, silver, lead, and zinc ores. The company’s flagship project is The Greater Las Huaquillas project comprising 9 concessions that covers an area of 3,800 Ha of contiguous mineral title in which it holds 100% interests; and 9 concessions covering an area of 3,600 Ha in which it holds 44.5% interests. In addition, it holds interest in The Las Brujas project comprises 4 concessions located in Peru and The Cerro El Bronce project comprising 2 concessions located in Peru, as well as hold interest in Porphyritic Copper consisting 3 concessions located in Libertad, Northern Peru. The company was formerly known as Montan Mining Corp. and changed its name to Fidelity Minerals Corp. in January 2019. Fidelity Minerals Corp. is headquartered in Vancouver, Canada.

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