Fortitude Gold Co. (OTCMKTS:FTCO) Stock Short Interest Report for September

Fortitude Gold Co. (OTCMKTS:FTCO) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 4,909 shares, a drop of 42.6% from the September 15th total of 8,549 shares. Based on an average daily trading volume, of 53,544 shares, the short-interest ratio is currently 0.1 days.

Fortitude Gold Trading Up 0.4%

OTCMKTS:FTCO traded up $0.02 during mid-day trading on Thursday, hitting $4.65. The company had a trading volume of 14,051 shares, compared to its average volume of 51,588. Fortitude Gold has a fifty-two week low of $3.74 and a fifty-two week high of $6.10. The business’s fifty day moving average is $4.70 and its two-hundred day moving average is $4.81.

Fortitude Gold (OTCMKTS:FTCO) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.02). The company had revenue of $8.20 million for the quarter, compared to analyst estimates of $16.41 million.

About Fortitude Gold

Fortitude Gold Corp. is a Nevada-focused gold exploration, development and production company. Its principal operating asset is the Isabella Pearl gold mine, an open-pit, heap-leach operation located in the Walker Lane mineral belt near the town of Mina, Nevada.

The company also holds a portfolio of exploration and development properties in Nevada, including projects in the Walker Lane and Goldfield mining districts. Fortitude Gold uses exploration, resource evaluation and mine development activities to advance its properties and identify additional opportunities for gold production.

Fortitude Gold became an independent publicly traded company in 2020 following the separation of certain Nevada assets from Gold Resource Corporation.