Fortune Minerals Limited (TSE:FT – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.06 and last traded at C$0.05, with a volume of 1191491 shares trading hands. The stock had previously closed at C$0.05.
Fortune Minerals Stock Performance
The stock’s 50-day moving average is C$0.04 and its 200-day moving average is C$0.04. The firm has a market capitalization of C$24.98 million, a price-to-earnings ratio of -0.56 and a beta of 0.40. The company has a current ratio of 0.02, a quick ratio of 0.04 and a debt-to-equity ratio of 24.90.
Fortune Minerals Company Profile
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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