Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totalling 12,500 shares, a growth of 135.8% from the August 31st total of 5,300 shares. Based on an average daily trading volume, of 83,200 shares, the short-interest ratio is currently 0.2 days.
Fortitude Gold Stock Performance
Shares of Fortitude Gold stock opened at 5.12 on Friday. The company’s 50 day moving average price is 4.58 and its two-hundred day moving average price is 4.79. Fortitude Gold has a fifty-two week low of 3.61 and a fifty-two week high of 6.50.
Fortitude Gold Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Thursday, September 19th will be paid a $0.04 dividend. The ex-dividend date is Thursday, September 19th. This represents a $0.48 annualized dividend and a dividend yield of 9.37%.
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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