Fortune Minerals Limited (TSE:FT – Get Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as C$0.09 and last traded at C$0.09, with a volume of 2302235 shares traded. The stock had previously closed at C$0.08.
Fortune Minerals Price Performance
The company’s fifty day moving average price is C$0.05 and its 200 day moving average price is C$0.04. The company has a market capitalization of C$44.97 million, a P/E ratio of -9.00 and a beta of 0.05. The company has a quick ratio of 0.04, a current ratio of 0.08 and a debt-to-equity ratio of 24.90.
About Fortune Minerals
Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company primarily explores for gold, cobalt, bismuth, copper, silver, lead, and zinc deposits. Its primary asset is the NICO gold-cobalt-bismuth-copper project covering an area of 5,140 hectares located in the Northwest Territories.
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