Fortune Minerals Limited (TSE:FT) Director Robin Ellis Goad sold 376,500 shares of the company’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of C$0.14, for a total transaction of C$50,902.80. Following the completion of the transaction, the director now owns 4,349,528 shares in the company, valued at C$588,056.19.

Fortune Minerals stock traded down C$0.01 during midday trading on Thursday, hitting C$0.14. 41,355 shares of the company’s stock were exchanged, compared to its average volume of 305,846. The company has a debt-to-equity ratio of 10.66, a current ratio of 25.09 and a quick ratio of 24.80. Fortune Minerals Limited has a 12 month low of C$0.07 and a 12 month high of C$0.29. The stock has a market cap of $49.10 million and a price-to-earnings ratio of 16.25.

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Fortune Minerals Company Profile

Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company primarily explores for gold, cobalt, bismuth, copper, silver, lead, and zinc deposits. It primarily holds a 100% interest in the NICO gold-cobalt-bismuth-copper project located in the Northwest Territories.

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