Fortitude Gold Stock Price, News & Analysis

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.

Fortitude Gold (OTCQB:FTCO) reported preliminary Q4 2024 gold production of 4,119 ounces, bringing the total 2024 production to approximately 16,472 gold ounces from both Isabella Pearl mine operations and residual leach from the Isabella Pearl heap leach pad.

The company's CEO, Jason Reid, highlighted 2024 as a successful year of low-cost gold production and strong shareholder dividends, despite challenges in the resource extractive industries. For 2025, Fortitude Gold plans to target additional mineral opportunities at Isabella Pearl outside the original mine plan, while focusing on the County Line project as their next Nevada mine build, along with the Scarlet expansion at Isabella Pearl trend, and the Golden Mile project.

Fortitude Gold (OTCQB:FTCO) has announced its monthly dividend of $0.04 per common share for January 2025. The dividend will be payable on January 31, 2025, to shareholders of record as of January 17, 2025.

The company, which operates as a gold producer, developer, and explorer in Nevada, provides investors with exposure to both gold production and dividend yield. The Board of Directors maintains discretion over dividend amounts and consistency, considering factors such as operational cash flows, development requirements, spot gold and silver prices, taxation, and general market conditions.

Fortitude Gold (OTCQB:FTCO) has declared its monthly dividend of $0.04 per common share for December 2024. The dividend will be paid on December 31, 2024, to shareholders of record as of December 19, 2024.

The company operates as a gold producer, developer, and explorer in Nevada, providing 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.

Fortitude Gold (OTCQB:FTCO) reported multiple oxide gold drill intercepts at the East Pit of its County Line Property in Nevada. Notable results include 12.19 meters grading 1.06 g/t gold, 4.57 meters grading 2.26 g/t gold, and 0.67 meters grading 11.90 g/t gold. The East Pit is located 500 meters southeast of the main County Line historic open pit and 26 kilometers northwest of the Company's Isabella Pearl gold mine. The company plans to process County Line ore at Isabella Pearl's facilities and targets 2025 production, pending Bureau of Land Management permit approval.

Fortitude Gold (OTCQB:FTCO) has declared its monthly dividend of $0.04 per common share for November 2024. The dividend will be paid on November 29, 2024, to shareholders of record as of November 20, 2024. The company operates as a gold producer, developer, and explorer in Nevada, providing investors with exposure to both gold production and dividend yield. The board notes that dividends may vary or be discontinued based on factors including operational cash flows, development requirements, spot gold prices, and market conditions.

Fortitude Gold (OTCQB:FTCO) reported Q3 2024 results with $10.2 million in net sales and $946 thousand net income ($0.04 per share). The company produced 4,220 gold ounces and maintained a strong cash position of $30.3 million. Key financial metrics include $4.8 million mine gross profit, $41.5 million working capital, and $2.9 million in dividends paid. Gold sales averaged $2,441 per ounce with total cash costs of $906 per ounce. The company awaits permit approval for its second mine, the County Line project, while successfully receiving permits to mine deeper in the Pearl zone.

Fortitude Gold has announced its third quarter earnings conference call, scheduled for Wednesday, November 6, 2024, at 11:00 a.m. Eastern Time. CEO Jason Reid will host the call to discuss Q3 results and provide updates on current operations. The conference call will be accessible via webcast and telephone, with two connection options available for participants. Investors should connect 10 minutes before the start time.

The company, a gold producer, developer, and explorer operating in Nevada, will host a Q&A session following the opening remarks. A replay of the conference will be available through both webcast and teleconference options, with specific access codes provided for both domestic and international participants.

Fortitude Gold Corp. (OTCQB:FTCO) has reported preliminary third quarter gold production of 4,220 ounces. The company, which operates in Nevada, U.S.A., processed both residual gold from the heap leach pad and ore from the Isabella Pearl's lower grade Civit Cat zone during this period.

Notably, late in the third quarter of 2024, Fortitude Gold received permit approval to mine deeper in the deposit's higher-grade Pearl zone. This development could potentially impact future production levels.

The company, which offers investors exposure to both gold production and dividend yield, will provide full financial results for the third quarter when it files its quarterly report on Form 10-Q with the Securities and Exchange Commission.