Fortune Minerals Limited (TSE:FT – Get Free Report) shares traded up 41.7% during trading on Thursday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 1,928,435 shares were traded during mid-day trading, an increase of 579% from the average session volume of 284,065 shares. The stock had previously closed at C$0.06.
Fortune Minerals Stock Up 33.3 %
The company has a debt-to-equity ratio of 24.90, a quick ratio of 0.04 and a current ratio of 0.08. The firm has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. The firm has a market cap of C$39.97 million, a price-to-earnings ratio of -6.00 and a beta of 0.05.
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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