Fortitude Gold Stock Price, News & Analysis

Fortitude Gold Corp. (OTCQB:FTCO) announced initial results from its phase two drill program at the County Line property in Nevada. The results include notable high-grade intercepts such as 7.62 meters at 10.71 g/t gold within 24.38 meters at 5.06 g/t gold. The drilling targets the open pit and surrounding areas, aimed at substantiating mineral resources for potential ore feed to the nearby Isabella Pearl mine. The company aims to complete the resource estimate for County Line soon, highlighting its strategic focus on low-cost, high-margin gold production.

Fortitude Gold Corp. (OTCQB:FTCO) declares a monthly dividend of $0.04 per share, payable on November 30, 2022, to shareholders on record as of November 21, 2022. The company, focused on gold production, development, and exploration in Nevada, emphasizes organic growth and substantial dividends. The dividend's consistency and amount may vary based on operational cash flows and market conditions. Fortitude Gold operates in a mining-friendly jurisdiction, with its Isabella Pearl mine currently in production, targeting projects with high returns.

Fortitude Gold Corporation (OTCQB:FTCO) reported Q3 2022 results, producing 9,500 ounces of gold and generating $16.1 million in net sales. The company achieved a net income of $1.7 million ($0.07 per share) and increased its cash balance to $42.2 million. All-in sustaining costs were $687 per ounce. Fortitude continues to maintain its gold production outlook for 2022 at 40,000 ounces. The quarter included $2.9 million in dividends and significant exploration efforts, with promising results from various drilling projects.

Fortitude Gold (OTCQB:FTCO) announced its third quarter 2022 earnings conference call set for November 2, 2022, at 11:00 a.m. ET. CEO Jason Reid will lead the discussion on quarterly results and current operations, followed by a Q&A session. The conference will be accessible via webcast or phone. Fortitude Gold focuses on gold production, maintaining a debt-free status, and distributing dividends. Its Nevada Mining Unit includes high-grade gold properties, with the Isabella Pearl mine currently operational.

Fortitude Gold Corp. (OTCQB:FTCO) reported preliminary production of 9,500 gold ounces for Q3 2022, aligning with its annual target of 40,000 gold ounces. Cumulatively, the company has produced 30,355 gold ounces in the first three quarters. Operations are focused on the Isabella Pearl mine in Nevada, a region known for its mining-friendly environment. Full financial results will be disclosed in the upcoming Form 10-Q filing. The company emphasizes its strategy of low operating costs and substantial dividends.

Fortitude Gold Corp. (OTCQB:FTCO) announced a monthly dividend of $0.04 per common share payable on October 31, 2022, to shareholders on record as of October 19, 2022. The company, known for its operations in Nevada, focuses on projects with low operating costs and aims to provide investors with both gold production and dividend yield. The dividend amount may vary or be discontinued based on factors such as operational cash flows, market conditions, and gold prices.

Fortitude Gold Corp. (OTCQB:FTCO) has declared a monthly dividend of $0.04 per common share, payable on September 30, 2022, to shareholders on record as of September 19, 2022. The company, which operates in Nevada, focuses on gold production and aims to provide both operational success and dividend yield. Dividend amounts may vary based on factors such as cash flows and market conditions. Fortitude Gold targets projects with low costs and strong returns, remaining debt-free while delivering substantial dividends to investors.

Fortitude Gold Corp. (OTCQB:FTCO) reported maiden drill results from its County Line property, revealing multiple high-grade gold intercepts. Highlights include:

• 6.10 meters at 15.18 g/t gold within 15.24 meters at 7.66 g/t gold.
• 35-hole drill program focusing on historic open-pit areas.

County Line historically produced approximately 81,000 ounces of gold. The company aims to utilize existing infrastructure at Isabella Pearl for gold processing, potentially lowering capital expenses.

Fortitude Gold Corp. (OTCQB:FTCO) announced high-grade gold surface samples from its Ripper property in Nevada, including a notable 8.44 g/t gold sample. The mapping and sampling program completed in July 2022 yielded 148 samples, with several other samples showing grades above 2 g/t. The exploration targets at Ripper indicate potential for further development, leading to future drilling plans in 2023. The company, focused on gold production and dividend yield, is positioned in a mining-friendly jurisdiction.