Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 2,300 shares, a decline of 76.8% from the February 13th total of 9,900 shares. Based on an average daily volume of 133,600 shares, the days-to-cover ratio is currently 0.0 days.
Fortitude Gold Stock Up 1.0 %
OTCMKTS FTCO opened at $4.69 on Thursday. Fortitude Gold has a 52 week low of $4.15 and a 52 week high of $5.80. The company has a fifty day moving average of $5.18 and a two-hundred day moving average of $5.13.
Fortitude Gold Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be issued a dividend of $0.04 per share. The ex-dividend date is Thursday, March 20th. This represents a $0.48 annualized dividend and a yield of 10.24%.
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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