Fortune Minerals (OTCMKTS:FTMDF) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

Fortune Minerals Limited (OTCMKTS:FTMDFGet Free Report)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-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 Stock Down 1.7 %

The business has a fifty day simple moving average of $0.04 and a 200-day simple moving average of $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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