Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 14,190 shares, an increase of 149.0% from the June 15th total of 5,699 shares. Based on an average daily volume of 96,238 shares, the days-to-cover ratio is currently 0.1 days.
Fortitude Gold Stock Down 0.8%
FTCO traded down $0.04 during trading on Thursday, reaching $4.76. The stock had a trading volume of 4,034 shares, compared to its average volume of 59,483. The business has a 50-day moving average of $4.84 and a 200-day moving average of $5.04. Fortitude Gold has a one year low of $3.43 and a one year high of $6.10.
About Fortitude Gold
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.
See Also
- Five stocks we like better than Fortitude Gold
- AI’s Power Crunch Fuels a Pivot for These 2 Oilfield Stocks
- Why Conagra’s Dividend Cut Could Be the Best Thing for Investors
- Japan’s Crypto Overhaul Could Open the Door to a Wave of Institutional Money
- Cintas Keeps Beating Expectations—And the Story Isn’t Over
Receive News & Ratings for Fortitude Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortitude Gold and related companies with MarketBeat.com's FREE daily email newsletter.
