Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report)’s share price dropped 1.7% during mid-day trading on Friday . The stock traded as low as $4.64 and last traded at $4.7350. 123,275 shares changed hands during mid-day trading, an increase of 96% from the average daily volume of 62,796 shares. The stock had previously closed at $4.8180.
Fortitude Gold Trading Down 1.7%
The stock has a 50-day moving average price of $4.87 and a 200 day moving average price of $4.96.
Fortitude Gold Company Profile
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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