Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report)’s stock price was up 1.3% on Monday . The company traded as high as $4.74 and last traded at $4.72. 38,656 shares were traded during trading, a decline of 29% from the average daily volume of 54,556 shares. The stock had previously closed at $4.66.
Fortitude Gold Price Performance
The firm’s 50 day moving average price is $4.76 and its two-hundred day moving average price is $4.88.
Fortitude Gold (OTCMKTS:FTCO – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The company had revenue of $8.20 million for the quarter, compared to the consensus estimate of $16.41 million.
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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