Fortune Minerals Limited (OTCMKTS:FTMDF) Short Interest Update

Fortune Minerals Limited (OTCMKTS:FTMDF) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 121,400 shares, a growth of 72.7% from the March 15th total of 70,300 shares. Based on an average daily volume of 216,500 shares, the days-to-cover ratio is presently 0.6 days.

Fortune Minerals Price Performance

Shares of OTCMKTS:FTMDF opened at $0.05 on Friday. Fortune Minerals has a one year low of $0.03 and a one year high of $0.10. The firm has a fifty day moving average price of $0.04 and a two-hundred day moving average price of $0.04.

Fortune Minerals Company Profile

Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company explores for gold, cobalt, bismuth, copper, silver, lead, and zinc deposits. Its primary asset is the NICO gold-cobalt-bismuth-copper project covering an area of 5,140 hectares located in the Northwest Territories.