Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 14,190 shares, an increase of 149.0% from the June 15th total of 5,699 shares. Based on an average daily volume of 96,238 shares, the short-interest ratio is presently 0.1 days.
Fortitude Gold Stock Performance
Shares of FTCO traded up $0.02 during mid-day trading on Tuesday, hitting $4.78. The stock had a trading volume of 264 shares, compared to its average volume of 60,198. The business has a fifty day moving average price of $4.84 and a 200-day moving average price of $5.03. Fortitude Gold has a 52 week low of $3.43 and a 52 week high of $6.10.
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.
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