Fortune Minerals Limited (OTCMKTS:FTMDF) Short Interest Up 109.9% in February

Fortune Minerals Limited (OTCMKTS:FTMDF) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 14,900 shares, a growth of 109.9% from the February 13th total of 7,100 shares. Based on an average trading volume of 255,000 shares, the short-interest ratio is currently 0.1 days.

Fortune Minerals Stock Performance

FTMDF stock traded up $0.00 on Friday, hitting $0.03. 38,340 shares of the company were exchanged, compared to its average volume of 81,894. The business’s fifty day moving average is $0.03 and its two-hundred day moving average is $0.04. Fortune Minerals has a twelve month low of $0.02 and a twelve month high of $0.10.

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 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.