Fortune Minerals Limited (TSE:FT – Get Rating) was down 10% during trading on Wednesday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 58,041 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 162,523 shares. The stock had previously closed at C$0.05.
Fortune Minerals Stock Performance
The company has a debt-to-equity ratio of 22.25, a current ratio of 0.05 and a quick ratio of 0.04. The stock has a 50-day simple moving average of C$0.06 and a 200-day simple moving average of C$0.07. The stock has a market cap of C$25.72 million, a P/E ratio of -0.55 and a beta of 0.87.
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.
- Ralph Lauren’s Styled Dividend Is Still In Season
- Dollar Tree Falls As Theft Cuts Into Bottom Line
- Best Buy’s Comeback Is Still At Play, Earnings Call For Patience
- e.l.f. Beauty Has Giant Quarter, Shares Hit New High
- If You Can Only Pick One Stock For The Rest Of 2023, Pick Nvidia
Receive News & Ratings for Fortune Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortune Minerals and related companies with MarketBeat.com's FREE daily email newsletter.