Fortune Minerals Limited (TSE:FT – Get Free Report)’s stock price fell 9.1% during trading on Friday . The company traded as low as C$0.05 and last traded at C$0.05. 407,510 shares traded hands during trading, a decline of 3% from the average session volume of 421,740 shares. The stock had previously closed at C$0.06.
Fortune Minerals Price Performance
The company has a debt-to-equity ratio of 24.90, a quick ratio of 0.04 and a current ratio of 0.05. The stock has a market capitalization of C$25.35 million, a price-to-earnings ratio of -5.50 and a beta of 0.01. The company has a fifty day simple moving average of C$0.05 and a 200 day simple moving average of C$0.06.
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 explores for gold, cobalt, bismuth, copper, silver, lead, and zinc deposits. Its primary asset is the NICO gold-cobalt-bismuth-copper project covering an area of 5,140 hectares located in the Northwest Territories.
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