Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) was the target of a large decline in short interest in 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 short-interest ratio is currently 0.0 days.
Fortitude Gold Price Performance
FTCO opened at $4.69 on Thursday. Fortitude Gold has a 12-month low of $4.15 and a 12-month high of $5.80. The business’s fifty day simple moving average is $5.18 and its 200-day simple moving average is $5.13.
Fortitude Gold Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be given a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a yield of 10.24%. The ex-dividend date is Thursday, March 20th.
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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