Short Interest in Fortitude Gold Co. (OTCMKTS:FTCO) Decreases By 46.7%

Fortitude Gold Co. (OTCMKTS:FTCO) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totaling 1,824 shares, a drop of 46.7% from the November 30th total of 3,419 shares. Based on an average daily volume of 122,498 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 122,498 shares, the short-interest ratio is presently 0.0 days.

Fortitude Gold Trading Down 0.8%

OTCMKTS:FTCO opened at $3.87 on Friday. The business’s 50-day moving average is $4.16 and its 200 day moving average is $3.95. Fortitude Gold has a 12 month low of $2.85 and a 12 month high of $5.62.

Fortitude Gold Dividend Announcement

The firm also recently declared a oct 25 dividend, which was paid on Friday, October 31st. Investors of record on Monday, October 20th were given a $0.01 dividend.

About Fortitude Gold

Fortitude Gold Corporation is a U.S.-based gold producer and exploration company traded on the OTC Markets under the symbol FTCO. The company’s principal asset is the Pan Mine, an open-pit, heap-leach gold operation located on the prolific Carlin Trend in Elko County, Nevada. Through its wholly owned subsidiary, Fortitude Gold Mining Company, it focuses on the extraction, processing and sale of gold dore bars to regional refineries.

The Pan Mine employs conventional open-pit mining techniques followed by carbon-in-leach processing to recover gold from low-grade ore.