Short Interest in Fortune Minerals Limited (OTCMKTS:FTMDF) Decreases By 90.0%

Fortune Minerals Limited (OTCMKTS:FTMDF) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 200 shares, a decrease of 90.0% from the February 29th total of 2,000 shares. Based on an average daily trading volume, of 80,600 shares, the days-to-cover ratio is currently 0.0 days.

Fortune Minerals Stock Performance

OTCMKTS FTMDF traded down $0.00 on Thursday, reaching $0.02. The stock had a trading volume of 331,982 shares, compared to its average volume of 43,059. The firm has a fifty day moving average of $0.03 and a two-hundred day moving average of $0.03. Fortune Minerals has a 1-year low of $0.02 and a 1-year high of $0.11.

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.