Fortune Minerals (TSE:FT) Trading Up 6.3%

Fortune Minerals Limited (TSE:FTGet Free Report) rose 6.3% on Friday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 121,380 shares were traded during trading, a decline of 77% from the average daily volume of 537,500 shares. The stock had previously closed at C$0.08.

Fortune Minerals Stock Performance

The company has a quick ratio of 0.04, a current ratio of 0.08 and a debt-to-equity ratio of 24.90. The stock has a market cap of C$42.47 million, a PE ratio of -8.00 and a beta of 0.05. The firm has a 50 day moving average price of C$0.06 and a 200 day moving average price of C$0.05.

About Fortune Minerals

(Get Free Report)

Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company 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.

Further Reading

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