Short Interest in Fortitude Gold Co. (OTCMKTS:FTCO) Decreases By 46.7%

Fortitude Gold Co. (OTCMKTS:FTCOGet Free Report) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 1,824 shares, a decline of 46.7% from the November 30th total of 3,419 shares. Based on an average trading volume of 122,498 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 122,498 shares, the days-to-cover ratio is currently 0.0 days.

Fortitude Gold Stock Down 0.8%

Shares of OTCMKTS:FTCO opened at $3.87 on Friday. Fortitude Gold has a 1-year low of $2.85 and a 1-year high of $5.62. The firm’s 50 day simple moving average is $4.16 and its two-hundred day simple moving average is $3.95.

Fortitude Gold Dividend Announcement

The company also recently announced a oct 25 dividend, which was paid on Friday, October 31st. Investors of record on Monday, October 20th were issued a $0.01 dividend.

About Fortitude Gold

(Get Free Report)

Fortitude Gold Corporation is a U.S.-based gold producer and exploration company traded on the OTC Markets under the symbol FTCO. The company’s principal asset is the Pan Mine, an open-pit, heap-leach gold operation located on the prolific Carlin Trend in Elko County, Nevada. Through its wholly owned subsidiary, Fortitude Gold Mining Company, it focuses on the extraction, processing and sale of gold dore bars to regional refineries.

The Pan Mine employs conventional open-pit mining techniques followed by carbon-in-leach processing to recover gold from low-grade ore.

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