Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 4,500 shares, a decline of 49.4% from the November 30th total of 8,900 shares. Based on an average daily trading volume, of 66,200 shares, the days-to-cover ratio is currently 0.1 days.
Fortitude Gold Trading Down 2.4 %
FTCO opened at $4.96 on Friday. Fortitude Gold has a twelve month low of $3.61 and a twelve month high of $6.50. The company’s 50-day moving average price is $5.35 and its two-hundred day moving average price is $4.90.
Fortitude Gold Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Thursday, December 19th will be issued a dividend of $0.04 per share. This represents a $0.48 annualized dividend and a yield of 9.68%. The ex-dividend date of this dividend is Thursday, December 19th.
About Fortitude Gold
Fortitude Gold Corporation, together with its subsidiaries, focuses on exploring gold and silver projects in the United States. It holds 100% of its flagship project, Isabella Pearl Mine, which is an open pit-style consisting of 601 unpatented claims that covers approximately 10,434 acres located in Mineral County, Nevada.
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