Fortitude Gold Co. to Issue Monthly Dividend of $0.04 (OTCMKTS:FTCO)

Fortitude Gold Co. (OTCMKTS:FTCO) declared a monthly dividend on Wednesday, July 3rd, NASDAQ reports. Shareholders of record on Friday, July 19th will be given a dividend of 0.04 per share on Wednesday, July 31st. This represents a $0.48 annualized dividend and a dividend yield of 11.01%. The ex-dividend date of this dividend is Friday, July 19th.

Fortitude Gold Trading Down 0.5 %

Shares of FTCO stock traded down 0.02 during trading hours on Friday, hitting 4.36. 34,784 shares of the company’s stock were exchanged, compared to its average volume of 84,294. Fortitude Gold has a 12-month low of 3.61 and a 12-month high of 6.65. The business’s 50 day simple moving average is 4.77 and its 200-day simple moving average is 5.15.

About Fortitude Gold

Fortitude Gold Corporation, together with its subsidiaries, focuses on exploring gold and silver projects in the United States. It holds 100% of its flagship project, Isabella Pearl Mine, which is an open pit-style consisting of 601 unpatented claims that covers approximately 10,434 acres located in Mineral County, Nevada.