Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) saw a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 3,800 shares, a decrease of 62.0% from the October 15th total of 10,000 shares. Based on an average daily volume of 102,700 shares, the short-interest ratio is presently 0.0 days.
Fortitude Gold Stock Performance
Shares of OTCMKTS:FTCO traded down 0.15 during mid-day trading on Friday, reaching 5.34. The stock had a trading volume of 37,800 shares, compared to its average volume of 71,018. Fortitude Gold has a twelve month low of 3.61 and a twelve month high of 6.50. The firm has a 50 day simple moving average of 5.15 and a two-hundred day simple moving average of 4.83.
Fortitude Gold Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Wednesday, November 20th will be paid a $0.04 dividend. This represents a $0.48 annualized dividend and a yield of 8.99%. The ex-dividend date of this dividend is Wednesday, November 20th.
About Fortitude Gold
Fortitude Gold Corporation, together with its subsidiaries, focuses on exploring gold and silver projects in the United States. It holds 100% of its flagship project, Isabella Pearl Mine, which is an open pit-style consisting of 601 unpatented claims that covers approximately 10,434 acres located in Mineral County, Nevada.
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