Fortitude Gold Stock Price, News & Analysis

Fortitude Gold has announced its July 2024 monthly dividend of $0.04 per common share. This dividend will be paid on July 31, 2024, to shareholders who are on record as of July 19, 2024. Fortitude Gold operates in Nevada, U.S.A., focusing on gold production, development, and exploration. The company emphasizes providing investors with both gold exposure and dividend yield. The dividend amount and consistency may vary or be discontinued based on factors such as operational cash flows, company development needs, construction, gold and silver prices, taxation, market conditions, and other factors outlined in the company's SEC filings.

Fortitude Gold Corp. (OTCQB:FTCO) announced a significant gold discovery at its Intrepid property in Mineral County, Nevada. The company intercepted 1.21 grams per tonne (g/t) gold over 27.43 meters, including 6.10 meters at 2.01 g/t gold. This discovery fits well with the company's hub and spoke operations, being close to the East Camp Douglas property and Isabella Pearl operations. Vice President of Exploration, Allan Turner, expressed optimism about the drilling results and mentioned plans for additional drilling to understand the area's gold mineralization. CEO Jason Reid highlighted the potential for future mining developments and praised the exploration team's efforts.

Fortitude Gold (OTCQB: FTCO) has announced its June 2024 monthly dividend of $0.04 per common share.

The dividend will be payable on June 28, 2024, to shareholders recorded by June 20, 2024.

Fortitude Gold operates in Nevada, U.S.A., focusing on gold production, development, and exploration, offering investors exposure to gold yields and dividends.

Dividend amounts and consistency may vary or be discontinued based on factors like operational cash flows, development strategies, construction, gold and silver prices, taxation, and market conditions.

Fortitude Gold announced multiple high-grade oxide gold drill intercepts from its East White Rock Springs target at East Camp Douglas. Notable results include 1.52 meters grading 2.41 g/t gold within 18.29 meters grading 1.03 g/t gold, and 1.52 meters grading 4.36 g/t gold within 10.67 meters grading 1.02 g/t gold. Drilling has consistently returned high-grade intercepts, enhancing the current geological model. The company recently completed geophysical surveys and is analyzing the data, believing gold mineralization is linked to NNE striking faults. Fortitude Gold continues to explore this area to define gold-bearing intervals further.

Drill highlights include: Hole# ECDRC-183: 10.67 m of 1.02 g/t gold, incl. 1.52 m of 4.36 g/t gold; Hole# ECDRC-185: 9.14 m of 1.10 g/t gold, incl. 3.05 m of 2.41 g/t gold; Hole# ECDRC-186: 22.86 m of 0.91 g/t gold, incl. 6.10 m of 1.48 g/t gold; Hole# ECDRC-187: 18.29 m of 1.03 g/t gold, incl. 1.52 m of 2.41 g/t gold.

Fortitude Gold Corp. (OTCQB:FTCO) announced significant high-grade oxide gold intercepts from its West White Rock Springs target in East Camp Douglas. Key highlights include 6.10 meters grading 3.47 g/t gold within 9.14 meters grading 2.45 g/t gold, and 1.52 meters grading 9.79 g/t gold within 15.24 meters grading 1.74 g/t gold. Multiple rounds of drilling in 2023 and 2024 have identified a high-grade gold system. Future exploration efforts will involve geophysical surveys to further define the gold mineralization and its structural correlations.

Fortitude Gold reported its first quarter 2024 results, including $8.2 million in net sales, $3.6 million in exploration expenses, $2.9 million in cash dividends to shareholders, $4.2 million in mine gross profit, and a cash balance of $41.9 million. The Company confirmed its production of 3,983 gold ounces and remains in a strong financial position. CEO Jason Reid highlighted successful operations despite permitting delays and emphasized ongoing exploration efforts and potential mine development.

Fortitude Gold (OTCQB:FTCO) announced their first quarter earnings conference call scheduled for May 8, 2024. The company, a gold producer in Nevada, will discuss first quarter results and operations during the call.

Fortitude Gold Corp. (FTCO) has declared a monthly dividend of $0.04 per common share, payable on May 31, 2024, to shareholders of record as of May 20, 2024. The company is a gold producer, developer, and explorer with operations in Nevada, U.S.A., providing investors with exposure to gold production and dividend yield. The dividend amount and consistency may vary or be discontinued at the discretion of the Board of Directors based on operational cash flows, development requirements, market conditions, and other factors.