Fortitude Gold (OTCMKTS:FTCO) Shares Down 0.9% – Here’s Why

Fortitude Gold Co. (OTCMKTS:FTCOGet Free Report)’s stock price was down 0.9% during trading on Tuesday . The stock traded as low as $5.08 and last traded at $5.16. Approximately 35,321 shares changed hands during mid-day trading, a decline of 7% from the average daily volume of 38,113 shares. The stock had previously closed at $5.20.

Fortitude Gold Stock Performance

The firm has a 50-day simple moving average of $5.18 and a two-hundred day simple moving average of $5.01.

Fortitude Gold Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be given a $0.04 dividend. The ex-dividend date is Friday, January 17th. This represents a $0.48 annualized dividend and a yield of 9.31%.

Fortitude Gold Company Profile

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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.

Further Reading

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