Fortune Minerals (TSE:FT) Stock Price Passes Above 50 Day Moving Average of $0.10

Fortune Minerals Limited (TSE:FT) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.10 and traded as high as $0.10. Fortune Minerals shares last traded at $0.10, with a volume of 96,000 shares traded.

The stock has a fifty day moving average price of C$0.10. The firm has a market cap of $34.73 million and a P/E ratio of 100.00. The company has a quick ratio of 6.41, a current ratio of 6.51 and a debt-to-equity ratio of 11.95.

Fortune Minerals (TSE:FT) last released its quarterly earnings data on Thursday, May 9th. The company reported C($0.01) EPS for the quarter. The company had revenue of C$0.01 million during the quarter.

About Fortune Minerals (TSE:FT)

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. It primarily holds a 100% interest in the NICO gold-cobalt-bismuth-copper project located in the Northwest Territories.

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