Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 3,600 shares, an increase of 56.5% from the February 28th total of 2,300 shares. Based on an average trading volume of 181,600 shares, the short-interest ratio is presently 0.0 days.
Fortitude Gold Price Performance
FTCO stock traded up $0.13 during midday trading on Monday, reaching $5.00. The company had a trading volume of 58,815 shares, compared to its average volume of 57,450. The firm has a 50-day moving average price of $5.14 and a 200-day moving average price of $5.19. Fortitude Gold has a 1 year low of $4.15 and a 1 year high of $5.73.
Fortitude Gold Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 20th will be paid a $0.04 dividend. The ex-dividend date is Thursday, March 20th. This represents a $0.48 dividend on an annualized basis and a yield of 9.60%.
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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