Fortune Minerals (TSE:FT) Trading Down 14.3%

Fortune Minerals Limited (TSE:FTGet 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

(Get Free Report)

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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