Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totalling 5,000 shares, a decline of 63.5% from the May 31st total of 13,700 shares. Based on an average daily volume of 79,100 shares, the short-interest ratio is presently 0.1 days.
Fortitude Gold Trading Up 0.9 %
OTCMKTS FTCO opened at 4.29 on Friday. Fortitude Gold has a twelve month low of 3.61 and a twelve month high of 6.65. The firm’s 50 day moving average price is 4.83 and its two-hundred day moving average price is 5.21.
Fortitude Gold Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, June 20th will be given a dividend of $0.04 per share. This represents a $0.48 annualized dividend and a yield of 11.19%. The ex-dividend date is Thursday, June 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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