Fortitude Gold Declares February 2025 Monthly Dividend

Rhea-AI Summary

Fortitude Gold (OTCQB:FTCO) has declared its monthly dividend of $0.04 per common share for February 2025. The dividend will be payable on February 28, 2025 to shareholders of record as of February 19, 2025.

The company, which operates as a gold producer, developer, and explorer in Nevada, U.S.A., provides investors with exposure to both gold production and dividend yield. The company notes that dividends may vary or be discontinued based on various factors including operational cash flows, development requirements, spot gold and silver prices, market conditions, and other variables outlined in their SEC filings.

Positive

• Consistent monthly dividend payment maintained at $0.04 per share
• Operational gold production continues in Nevada

Negative

• Dividend sustainability subject to various operational and market factors
• Company explicitly warns about possible dividend variation or discontinuation

COLORADO SPRINGS, CO / ACCESS Newswire / February 6, 2025 / Fortitude Gold Corp. (OTCQB:FTCO) (the "Company") declares its monthly dividend of $0.04 per common share payable on February 28, 2025 to shareholders of record as of February 19, 2025. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A. offering investors exposure to both gold production and dividend yield.

Dividends may vary in amount and consistency or be discontinued at the Board of Directors' discretion depending on variables including but not limited to operational cash flows, Company development requirements and strategies, construction, spot gold and silver prices, taxation, general market conditions and other factors described in the Company's public filings with the U.S. Securities and Exchange Commission.

About Fortitude Gold Corp.:

Fortitude Gold is a U.S. based gold producer targeting projects with low operating costs, high margins, and strong returns on capital. The Company's strategy is to grow organically, remain debt-free and distribute substantial dividends. The Company's Nevada Mining Unit consists of seven high-grade gold properties located in the Walker Lane Mineral Belt and an eighth high-grade gold property in west central Nevada. The Isabella Pearl gold mine, located on the Isabella Pearl mineralized trend, is currently in production. Nevada, U.S.A. is among the world's premier mining friendly jurisdictions.

Cautionary Statements: This press release contains forward-looking statements that involve risks and uncertainties. If you are risk-averse you should NOT buy shares in Fortitude Gold Corp. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "plan", "target", "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material are forward-looking statements. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company's actual results could differ materially from those discussed in this press release.

Contact:

Greg Patterson
719-717-9825
greg.patterson@fortitudegold.com
www.Fortitudegold.com

SOURCE: Fortitude Gold Corp.

View the original press release on ACCESS Newswire

FAQ

What is Fortitude Gold's (FTCO) February 2025 dividend amount?

Fortitude Gold's February 2025 dividend is $0.04 per common share.

When is the payment date for FTCO's February 2025 dividend?

The February 2025 dividend will be paid on February 28, 2025.

What is the record date for Fortitude Gold's February 2025 dividend?

The record date for the February 2025 dividend is February 19, 2025.

What factors could affect FTCO's future dividend payments?

Future dividends may be affected by operational cash flows, development requirements, spot gold and silver prices, market conditions, and other factors detailed in SEC filings.

Where are Fortitude Gold's (FTCO) mining operations located?

Fortitude Gold's mining operations are located in Nevada, U.S.A.