Welcome to our dedicated page for Fortitude Gold news (Ticker: FTCO), a resource for investors and traders seeking the latest updates and insights on Fortitude Gold stock.
Fortitude Gold Corp. reports news as a Nevada-focused gold producer, developer and explorer trading on the OTCQB under FTCO. Company updates commonly cover gold production, financial results, monthly dividend declarations, mine activity, and exploration drilling across its Nevada Mining Unit.
The company's operating and project updates center on the Isabella Pearl, Scarlet South and County Line mines, along with exploration and development work at East Camp Douglas. Recurring announcements also address drill results, permitting-related exploration activity, production timing, and dividend policy factors tied to operating cash flow, development requirements, construction activity, metals prices and market conditions.
Fortitude Gold (OTCQB:FTCO) closed a $5.5 million private placement, issuing 1.15 million unregistered shares at $4.82 per share to Hawthorne Land and Minerals. No placement or agent fees were paid.
Funds will accelerate the Isabella Pearl heap leach pad expansion, adding capacity for gold processing into 2028, with construction expected to finish in Q3 2026. Shares outstanding total 28,590,128.
Fortitude Gold (OTCQB:FTCO) declared a June 2026 monthly dividend of $0.01 per common share, payable on June 30, 2026 to shareholders of record on June 18, 2026.
The company is a gold producer, developer, and explorer in Nevada and notes dividends may vary or be discontinued at the Board’s discretion.
Fortitude Gold (OTCQB:FTCO) reported near-surface oxide gold drill intercepts at the County Line Project’s East Zone, extending gold mineralization about 100 meters west of the permitted East Pit.
Highlights include 4.57 m at 2.23 g/t Au within 22.86 m at 0.77 g/t from 3.05 m depth and 3.05 m at 1.57 g/t Au within 15.24 m at 0.65 g/t from surface. Hole CLRC-428 cut 45.72 m at 0.38 g/t including 9.14 m at 0.92 g/t from surface. These results support potential future extensions of the East Pit and additional ounces for future mine plans, with current County Line ore trucked to the nearby Isabella Pearl heap leach and processing facilities.
Fortitude Gold (OTCQB:FTCO) connected its Isabella Pearl Project in Mineral County, Nevada, to the electrical power grid via a new four-mile NV Energy line. Grid power is expected to lower production costs and emissions, with estimated monthly energy cost savings of $80,000–$100,000.
Fortitude Gold (OTCQB:FTCO) reported new near-surface oxide gold drill results from the Scarlet North zone along the Isabella Pearl trend in Nevada.
Highlights include 6.10 meters grading 2.28 g/t gold within 24.38 meters at 1.25 g/t, and 7.62 meters at 1.36 g/t within 15.24 meters at 0.90 g/t. Scarlet North lies about 700 meters from the Isabella Pearl heap leach facility. Initial test work suggests similar metallurgy, supporting potential heap leach processing and short-haul trucking to existing infrastructure. The company continues drilling, is permitting an open pit mine at Scarlet North, and is pursuing an expanded Isabella Pearl plan of operations boundary that would include this area.
Fortitude Gold (OTCQB:FTCO) reported Q1 2026 net sales of $3.2 million, mine gross profit of $2.2 million, and a net loss attributable to shareholders of $1.6 million or $(0.06) per share. Cash totaled $10.0 million, working capital $31.3 million, and dividends paid were $0.8 million.
The company produced 688 gold ounces, commenced production at County Line and Isabella Pearl's Scarlet South, completed a $12.0 million private placement, and entered a 60% joint venture for East Camp Douglas funded by a $40 million Hawthorne investment.
Fortitude Gold (OTCQB:FTCO) will host its 2026 first quarter earnings conference call on Tuesday, May 12, 2026 at 11:00 AM ET. The CEO, Jason Reid, will discuss Q1 2026 results and provide an update on current operations. A webcast and telephone access are provided, and a replay will be posted.
Fortitude Gold (OTCQB:FTCO) declared a $0.01 per common share monthly dividend payable May 29, 2026, to holders of record on May 20, 2026. The company is a Nevada-focused gold producer, developer, and explorer offering exposure to production and dividend yield.
Dividends may vary or be discontinued at the Board's discretion based on cash flows, development needs, metal prices, taxation, market conditions, and other factors disclosed in the company's SEC filings.
Fortitude Gold (OTCQB:FTCO) reported multiple wide, high-grade drill intercepts at East Camp Douglas White Rock West, highlighted by 3.05 m @ 12.90 g/t Au within 24.38 m @ 3.89 g/t Au and 47.24 m @ 1.13 g/t Au.
The results follow a $40 million joint venture that funded the first drill program; a second rig is being mobilized to expand drilling.
Fortitude Gold (OTCQB:FTCO) reported preliminary first quarter 2026 gold production of 688 ounces. Production came from Pearl Deep, County Line, Scarlet South and residual leach, with County Line and Scarlet South initiating mining during the quarter.
The company said it targets a ramp up and higher gold production in future quarters; full financial results will be provided when the Form 10-Q is filed with the Securities and Exchange Commission.