Fortune Minerals Limited (OTCMKTS:FTMDF) Short Interest Update

Fortune Minerals Limited (OTCMKTS:FTMDF) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 29,800 shares, a growth of 5.3% from the August 15th total of 28,300 shares. Based on an average daily trading volume, of 45,900 shares, the short-interest ratio is currently 0.6 days.

Fortune Minerals Stock Performance

Shares of Fortune Minerals stock traded down $0.00 during trading on Tuesday, hitting $0.03. The stock had a trading volume of 20,100 shares, compared to its average volume of 60,585. Fortune Minerals has a 1 year low of $0.02 and a 1 year high of $0.11. The stock has a 50 day simple moving average of $0.03 and a 200 day simple moving average of $0.04.

About Fortune Minerals

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.