Fortune Minerals Limited (TSE:FT – Get Free Report) was down 14.3% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 2,518,981 shares traded hands during trading, an increase of 1,327% from the average daily volume of 176,571 shares. The stock had previously closed at C$0.04.
Fortune Minerals Stock Down 28.6 %
The company’s fifty day moving average is C$0.04 and its 200-day moving average is C$0.04. The company has a market capitalization of C$12.49 million, a PE ratio of -0.28 and a beta of 0.40. The company has a debt-to-equity ratio of 24.90, a quick ratio of 0.04 and a current ratio of 0.02.
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.
Featured Stories
- Five stocks we like better than Fortune Minerals
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- 3 Value Stocks Too Small For Buffett’s Portfolio
- What is the Dogs of the Dow Strategy? Overview and Examples
- Foot Locker Builds Up Another Head of Steam; Gains Imminent
- How to Use the MarketBeat Stock Split Calculator
- Disney Stock Catches 3 Upgrades In a Single Week
Receive News & Ratings for Fortune Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortune Minerals and related companies with MarketBeat.com's FREE daily email newsletter.