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FORTITUDE GOLD CORP - $FTCO STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FORTITUDE GOLD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FORTITUDE GOLD's position in the market.

Rhea-AI Summary
Fortitude Gold Corp. (FTCO) schedules its annual shareholder meeting on May 22, 2024, at the Colorado Springs Marriott. The record date for shareholder entitlement is set for March 25, 2024, offering investors exposure to gold production and dividend yield.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.21%
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Rhea-AI Summary
Fortitude Gold (FTCO) has acquired 100% interest in two gold properties in Nevada's Walker Lane Mineral Belt, including the Dauntless gold property and the Intrepid claim package. The Dauntless property, purchased for US$725,000, has seen historic high-grade gold production and includes open pit heap leach project potential. The Intrepid claim package was acquired through staking claims and issuing a maximum net smelter return royalty of 3%. Both acquisitions offer proximity to the Company's producing Isabella Pearl mine and potential equipment and processing facility synergies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.33%
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Rhea-AI Summary
Fortitude Gold Corp. (FTCO) declares a monthly dividend of $0.04 per common share, payable on February 29, 2024, to shareholders of record as of February 20, 2024. The company is a gold producer, developer, and explorer with operations in Nevada, U.S.A., offering investors exposure to gold production and dividend yield. Dividends may vary based on operational cash flows, company development requirements, spot gold and silver prices, taxation, and general market conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.35%
Tags
dividends
Rhea-AI Summary
Fortitude Gold Corp. announced multiple oxide gold drill intercepts at the Scarlet North target along the Isabella Pearl trend. The intercepts include 10.67 meters grading 1.30 grams per tonne gold within 21.34 meters grading 1.14 g/t gold and 6.10 meters grading 1.93 g/t gold within 44.20 meters grading 0.84 g/t gold, both drilled from surface. The company is a gold producer, developer, and explorer with operations in Nevada, U.S.A. The recent drill program intercepted significant surface and near-surface high-grade oxide gold mineralization, with initial metallurgical tests suggesting the mineralization is amicable to extraction by cyanide. The proximity of this mineralization to the company's processing facilities is expected to allow for a short haul distance. The company is currently modeling the mineralization for potential open pit mine scenarios. The CEO and President of Fortitude Gold expressed excitement about the potential for a new ore source for their processing facility and the possibility of adding Scarlet as their second mine on trend.
Rhea-AI Impact
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End-of-Day
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Rhea-AI Summary
Fortitude Gold Corp. announced high-grade surface and near surface gold drill intercepts at its East Camp Douglas North target. The company's drill program builds on previous results and adds to the current geologic model. The CEO and VP of Exploration expressed excitement about the potential of the East Camp Douglas property and the exciting exploration targets for both the northern veins and the larger southern lithocap structure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
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Rhea-AI Summary
Fortitude Gold Corp. (FTCO) announced preliminary 2023 annual production results, producing 37,996 gold ounces, meeting its targeted production range. The CEO highlighted the success of the Isabella Pearl operation and plans for future mining projects. Full financial results will be available upon filing the Form 10-K with the SEC.
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Rhea-AI Summary
Fortitude Gold Corp. (FTCO) declares a monthly dividend of $0.04 per common share payable on January 31, 2024, to shareholders of record as of January 19, 2024. The company is a gold producer, developer, and explorer with operations in Nevada, U.S.A., offering investors exposure to both gold production and dividend yield.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
Tags
dividends
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Rhea-AI Summary
Fortitude Gold Corp. (FTCO) announces high-grade gold drill intercepts at its East Camp Douglas northern veins target, including 1.52 meters grading 23.00 grams per tonne gold within 4.57 meters grading 8.80 g/t gold. The Company awaits additional assay results from this initial drill program and plans additional drilling in 2024 with the goal to expand mineralization and understand the geologic setting hosting this high-grade gold mineralization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
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Rhea-AI Summary
Fortitude Gold Corp. (FTCO) declares a monthly dividend of $0.04 per common share, payable on December 29, 2023, to shareholders of record as of December 19, 2023. The company is a gold producer, developer, and explorer with operations in Nevada, U.S.A., offering investors exposure to both gold production and dividend yield.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
Tags
dividends
Rhea-AI Summary
Fortitude Gold Corp. declares a monthly dividend of $0.04 per common share payable on November 30, 2023. The company is a gold producer, developer, and explorer with operations in Nevada, U.S.A.
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End-of-Day
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FORTITUDE GOLD CORP

OTC:FTCO

FTCO Rankings

FTCO Stock Data

120.71M
23.02M
4.65%
3.87%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Colorado Springs