Shares of Fortune Minerals Limited (TSE:FT – Get Free Report) reached a new 52-week high on Monday . The company traded as high as C$0.06 and last traded at C$0.05, with a volume of 100766 shares trading hands. The stock had previously closed at C$0.05.
Fortune Minerals Price Performance
The company has a market cap of C$27.48 million, a P/E ratio of -5.50 and a beta of 0.32. The company has a quick ratio of 0.04, a current ratio of 0.08 and a debt-to-equity ratio of 24.90. The firm has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.04.
About Fortune Minerals
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. 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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