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.
Fortitude Gold Corp. (FTCO) delivers timely updates on gold production, exploration milestones, and financial performance from Nevada's mining districts. This page aggregates official press releases and verified news about the company's operations, providing investors with a comprehensive view of strategic developments.
Access curated information on quarterly earnings, resource estimates, drilling results, and dividend declarations. Stay informed about key projects including the Isabella Pearl mine and County Line development through primary source materials. The repository serves analysts and stakeholders seeking unfiltered data on operational efficiency and growth initiatives.
Content spans permit approvals, technical reports, leadership updates, and market communications. Regular updates ensure visibility into FTCO's low-cost production model and high-grade oxide gold discoveries. Bookmark this page for direct access to critical updates impacting the company's valuation and sector position.
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.
Fortitude Gold Corp. (OTCQB:FTCO) announced a monthly dividend of $0.04 per common share, payable on August 31, 2022 to shareholders of record as of August 19, 2022. The company focuses on gold production and seeks to provide substantial dividends to investors. The dividend amount may fluctuate based on operational cash flows and market conditions. Fortitude Gold operates in Nevada, with a strategy centered on low-cost, high-margin projects and aims to remain debt-free while enhancing shareholder value.
Fortitude Gold Corp. (OTCQB:FTCO) announced new drill results from its Golden Mile property in Nevada, featuring high-grade intercepts, including 3.05 meters grading 16.80 g/t gold. These results contribute to the company's ongoing efforts to upgrade resources into reserves, targeting a prefeasibility study by late 2022 or early 2023. The drill holes primarily focused on the southeast margin of the current phase one pit shell, indicating potential for significant mineral resource expansion. Furthermore, Fortitude remains active in the permitting process and continues investing in infrastructure for future mining operations.
Fortitude Gold Corporation (OTCQB:FTCO) delivered solid Q2 2022 results, reporting $24.0 million in net sales and a net income of $6.6 million ($0.27 per share). The company produced 10,980 ounces of gold, with a cash balance of $40.7 million at quarter-end. The total cash cost per gold ounce sold was $646, while all-in sustaining costs came in at $733. Fortitude Gold is on track to meet its annual production target of 40,000 ounces. The company also paid $2.9 million in dividends, reinforcing its commitment to shareholders.
Fortitude Gold (OTCQB:FTCO) announced its second quarter 2022 earnings conference call for August 3, 2022. CEO Jason Reid will discuss quarterly results and current operations at 11:00 AM Eastern. Investors can join via webcast or telephone. Fortitude Gold focuses on low-cost gold production with a commitment to debt-free operations and substantial dividends. The company operates in Nevada, a premier mining jurisdiction, including the Isabella Pearl gold mine. Caution is advised as forward-looking statements may not materialize due to various risks.
Fortitude Gold Corp. (OTCQB:FTCO) reported preliminary second quarter production results of 10,980 gold ounces, marking an 11% increase from the previous quarter. The total gold production for the first half of 2022 reached 20,855 ounces. The company maintains its annual production outlook of 40,000 ounces for 2022. Operations at the Isabella Pearl mine are now focused on the high-grade phase two Pearl zone. Full financial results will be disclosed in the upcoming Form 10-Q filing.
Fortitude Gold Corp. (OTCQB:FTCO) has announced a monthly dividend of $0.04 per share, payable on July 29, 2022, to shareholders on record as of July 19, 2022. The company, based in Colorado Springs, focuses on gold production and development in Nevada, aiming for low operating costs and high margins. It emphasizes sustainability in dividend payments, which may vary based on operational cash flow and market conditions.