Shares of Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) fell 1% during trading on Friday . The stock traded as low as $4.69 and last traded at $4.76. 34,249 shares were traded during trading, a decline of 48% from the average session volume of 65,612 shares. The stock had previously closed at $4.81.
Fortitude Gold Trading Down 1.0%
The firm’s 50 day moving average is $4.92 and its 200 day moving average is $4.89.
Fortitude Gold Company Profile
Fortitude Gold Corporation is a U.S.-based gold producer and exploration company traded on the OTC Markets under the symbol FTCO. The company’s principal asset is the Pan Mine, an open-pit, heap-leach gold operation located on the prolific Carlin Trend in Elko County, Nevada. Through its wholly owned subsidiary, Fortitude Gold Mining Company, it focuses on the extraction, processing and sale of gold dore bars to regional refineries.
The Pan Mine employs conventional open-pit mining techniques followed by carbon-in-leach processing to recover gold from low-grade ore.
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