Fortune Minerals Limited (TSE:FT – Get Free Report) traded up 12.5% on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. 648,174 shares changed hands during trading, an increase of 152% from the average session volume of 257,083 shares. The stock had previously closed at C$0.04.
Fortune Minerals Stock Performance
The firm has a market capitalization of C$19.99 million, a P/E ratio of -0.44 and a beta of 0.40. The company has a current ratio of 0.02, a quick ratio of 0.04 and a debt-to-equity ratio of 24.90. The company has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.04.
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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