Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) was down 3.5% during trading on Thursday . The stock traded as low as $5.23 and last traded at $5.25. Approximately 61,246 shares changed hands during trading, a decline of 42% from the average daily volume of 105,080 shares. The stock had previously closed at $5.44.
Fortitude Gold Price Performance
The stock’s 50-day simple moving average is $4.78 and its 200 day simple moving average is $4.34.
About Fortitude Gold
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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