Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 7,900 shares, a growth of 107.9% from the October 31st total of 3,800 shares. Based on an average daily trading volume, of 105,400 shares, the days-to-cover ratio is currently 0.1 days.
Fortitude Gold Trading Up 1.4 %
OTCMKTS FTCO traded up 0.07 on Friday, reaching 5.27. The company had a trading volume of 14,300 shares, compared to its average volume of 69,694. The stock’s 50 day moving average is 5.34 and its 200-day moving average is 4.87. Fortitude Gold has a 52 week low of 3.61 and a 52 week high of 6.50.
Fortitude Gold Announces Dividend
The firm also recently declared a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Wednesday, November 20th were given a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a yield of 9.11%. The ex-dividend date was Wednesday, November 20th.
Fortitude Gold Company Profile
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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