Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 6,100 shares, a growth of 22.0% from the June 15th total of 5,000 shares. Based on an average trading volume of 128,900 shares, the days-to-cover ratio is presently 0.0 days.
Fortitude Gold Stock Up 3.6 %
Fortitude Gold stock traded up 0.16 during trading hours on Tuesday, reaching 4.79. 49,500 shares of the company were exchanged, compared to its average volume of 82,325. Fortitude Gold has a 12 month low of 3.61 and a 12 month high of 6.65. The stock has a 50-day moving average of 4.70 and a 200 day moving average of 5.04.
Fortitude Gold Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Friday, July 19th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Friday, July 19th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 10.01%.
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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