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Fortitude Gold reported its first quarter 2024 results, including $8.2 million in net sales, $3.6 million in exploration expenses, $2.9 million in cash dividends to shareholders, $4.2 million in mine gross profit, and a cash balance of $41.9 million. The Company confirmed its production of 3,983 gold ounces and remains in a strong financial position. CEO Jason Reid highlighted successful operations despite permitting delays and emphasized ongoing exploration efforts and potential mine development.
Fortitude Gold (OTCQB:FTCO) announced their first quarter earnings conference call scheduled for May 8, 2024. The company, a gold producer in Nevada, will discuss first quarter results and operations during the call.
Fortitude Gold Corp. (FTCO) has declared a monthly dividend of $0.04 per common share, payable on May 31, 2024, to shareholders of record as of May 20, 2024. The company is a gold producer, developer, and explorer with operations in Nevada, U.S.A., providing investors with exposure to gold production and dividend yield. The dividend amount and consistency may vary or be discontinued at the discretion of the Board of Directors based on operational cash flows, development requirements, market conditions, and other factors.
