If you are currently on the hunt for gold stocks, then it may be a good time to consider looking into the Fortitude Gold (OTCMKTS:FTCO) stock. The company is a gold producer which is based out of the United States.
Trading Data
On Tuesday, FTCO stock slid 0.08% to $6.07 with more than 23.73K shares, compared to its average volume of 34.22K shares. The stock moved within a range of $5.96 – 6.12 after opening trade at $6.09.
Fortitude Gold Declares September Monthly Dividend
More importantly, it is solely focused on such projects which are of low operating costs, handsome returns and high margins. That makes it a company which may be worth looking into. As it happens, the company was in the news yesterday after it announced the magnitude of the monthly dividend that it was going to pay out.
Fortitude Gold announced that the monthly dividend, which is going to be paid out on September 30, 2022 is going to be $.04 per share. All Fortitude Gold shareholders of record as on September 19, 2022 are going to get the dividend. The company’s operations are based out of the state of Nevada in the United States.
In this regard, it should be noted that Fortitude Gold is a company that offer investors the opportunity to be exposed to the gold exploration sector and also offers the chance of earning regular dividends. It may be a good idea to keep an eye on the stock over the coming days.
Technical Data
FTCO stock is trading below the 20-Day and 50-Day Moving averages of $5.22 and $6.17 respectively. Moreover, the stock is trading below the 200-Day moving average of $6.44.
