Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) shares shot up 1.8% on Wednesday . The stock traded as high as $5.10 and last traded at $5.09. 32,342 shares traded hands during trading, a decline of 64% from the average session volume of 89,444 shares. The stock had previously closed at $5.00.
Fortitude Gold Stock Performance
The business’s 50 day moving average is $5.45 and its two-hundred day moving average is $4.71.
About Fortitude Gold
Fortitude Gold Corporation is a U.S.-based gold producer and exploration company traded on the OTC Markets under the symbol FTCO. The company’s principal asset is the Pan Mine, an open-pit, heap-leach gold operation located on the prolific Carlin Trend in Elko County, Nevada. Through its wholly owned subsidiary, Fortitude Gold Mining Company, it focuses on the extraction, processing and sale of gold dore bars to regional refineries.
The Pan Mine employs conventional open-pit mining techniques followed by carbon-in-leach processing to recover gold from low-grade ore.
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