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