Fortune Minerals Limited (TSE:FT – Get Free Report) insider Patricia-Lynn Penney sold 561,000 shares of the business’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of C$0.16, for a total transaction of C$89,760.00. Following the completion of the transaction, the insider directly owned -600,000 shares in the company, valued at C($96,000). This trade represents a -1,438.46% decrease in their position.
Patricia-Lynn Penney also recently made the following trade(s):
- On Monday, May 4th, Patricia-Lynn Penney sold 256,500 shares of Fortune Minerals stock. The shares were sold at an average price of C$0.17, for a total transaction of C$43,605.00.
- On Monday, May 4th, Patricia-Lynn Penney sold 76,500 shares of Fortune Minerals stock. The shares were sold at an average price of C$0.16, for a total transaction of C$12,240.00.
- On Tuesday, May 5th, Patricia-Lynn Penney sold 250,000 shares of Fortune Minerals stock. The shares were sold at an average price of C$0.16, for a total transaction of C$40,000.00.
- On Wednesday, May 6th, Patricia-Lynn Penney sold 101,500 shares of Fortune Minerals stock. The stock was sold at an average price of C$0.16, for a total transaction of C$16,240.00.
- On Thursday, May 7th, Patricia-Lynn Penney sold 4,500 shares of Fortune Minerals stock. The shares were sold at an average price of C$0.16, for a total transaction of C$720.00.
Fortune Minerals Trading Down 2.9%
Shares of Fortune Minerals stock opened at C$0.17 on Tuesday. The business has a 50-day moving average price of C$0.12 and a 200-day moving average price of C$0.11. Fortune Minerals Limited has a twelve month low of C$0.06 and a twelve month high of C$0.22. The firm has a market cap of C$100.29 million, a price-to-earnings ratio of -16.50 and a beta of -1.69. The company has a quick ratio of 0.04, a current ratio of 0.20 and a debt-to-equity ratio of -177.44.
Fortune Minerals Company Profile
Fortune Minerals Ltd is a Canadian mining and mine development company focused on developing the NICO Cobalt-Gold-Bismuth Copper Project in the Northwest Territories. The company plans to build a hydrometallurgical plant in southern Canada to process NICO metal concentrates. It also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life.
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