Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report)’s stock price fell 1% on Friday . The company traded as low as $4.69 and last traded at $4.76. 34,249 shares were traded during mid-day trading, a decline of 48% from the average session volume of 65,612 shares. The stock had previously closed at $4.81.
Fortitude Gold Stock Down 1.0%
The business’s 50 day moving average price is $4.92 and its two-hundred day moving average price is $4.89.
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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