Fortune Minerals Limited (OTCMKTS:FTMDF) Sees Large Growth in Short Interest

Fortune Minerals Limited (OTCMKTS:FTMDF) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 14,900 shares, a growth of 109.9% from the February 13th total of 7,100 shares. Based on an average daily volume of 255,000 shares, the short-interest ratio is currently 0.1 days.

Fortune Minerals Trading Up 5.1 %

Shares of OTCMKTS FTMDF traded up $0.00 during trading on Friday, reaching $0.03. 38,340 shares of the stock were exchanged, compared to its average volume of 81,894. The business’s 50-day moving average price is $0.03 and its 200 day moving average price is $0.04. Fortune Minerals has a twelve month low of $0.02 and a twelve month high of $0.10.

About Fortune Minerals

Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company explores for gold, cobalt, bismuth, copper, silver, lead, and zinc deposits. Its primary asset is the NICO gold-cobalt-bismuth-copper project covering an area of 5,140 hectares located in the Northwest Territories.