Fortune Minerals (OTCMKTS:FTMDF) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Fortune Minerals Limited (OTCMKTS:FTMDFGet Free Report)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.04 and traded as low as $0.03. Fortune Minerals shares last traded at $0.03, with a volume of 8,000 shares changing hands.

Fortune Minerals Trading Down 1.7 %

The firm has a 50-day simple moving average of $0.04 and a 200-day simple moving average of $0.04.

About Fortune Minerals

(Get Free Report)

Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company 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.

Featured Stories

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.