Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 4,500 shares, a decrease of 49.4% from the November 30th total of 8,900 shares. Based on an average trading volume of 66,200 shares, the days-to-cover ratio is currently 0.1 days.
Fortitude Gold Price Performance
Shares of OTCMKTS FTCO opened at $4.96 on Friday. The stock’s 50-day moving average is $5.35 and its 200 day moving average is $4.90. Fortitude Gold has a 1-year low of $3.61 and a 1-year high of $6.50.
Fortitude Gold Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Thursday, December 19th will be paid a dividend of $0.04 per share. This represents a $0.48 annualized dividend and a dividend yield of 9.68%. The ex-dividend date of this dividend is Thursday, December 19th.
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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