Fortune Minerals (OTCMKTS:FTMDF) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

Fortune Minerals Limited (OTCMKTS:FTMDFGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.04 and traded as low as $0.03. Fortune Minerals shares last traded at $0.03, with a volume of 8,000 shares trading hands.

Fortune Minerals Stock Down 1.7 %

The firm has a 50 day moving average price of $0.04 and a two-hundred day moving average price of $0.04.

Fortune Minerals Company Profile

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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.

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