Fortune Minerals (OTCMKTS:FTMDF) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Shares of Fortune Minerals Limited (OTCMKTS:FTMDFGet Free Report) 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 traded.

Fortune Minerals Stock Performance

The company’s 50 day simple moving average is $0.04 and its 200 day simple moving average is $0.04.

Fortune Minerals Company Profile

(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.

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