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 promising results from its second round of resource definition drilling at the Golden Mile property in Nevada. Highlights include high-grade intercepts: 6.10 meters at 3.10 g/t gold and 21.34 meters at 1.79 g/t gold. The latest drill results build on previous findings and aim to convert resources into reserves by completing a prefeasibility study by December 31, 2022. The company has received permits to explore mineralized extensions beyond patented claims and is preparing for ongoing drilling, with potential development of a second mine in a leading mining jurisdiction.
Fortitude Gold Corp. (OTCQB:FTCO) has announced a monthly dividend of $0.04 per common share, payable on June 30, 2022, to shareholders of record as of June 17, 2022. The company, focused on gold production, development, and exploration in Nevada, emphasizes that dividend amounts may vary depending on operational cash flows and market conditions. Fortitude Gold operates high-grade gold properties and aims for organic growth while maintaining a debt-free status and sustaining substantial dividends.
Fortitude Gold Corp. (OTCQB:FTCO) has announced a monthly dividend of $0.04 per common share, payable on May 31, 2022, to shareholders recorded by May 19, 2022. As a gold producer and developer in Nevada, the Company emphasizes both gold production and dividend yield. The dividend may vary or be discontinued based on operational cash flows and other factors. Fortitude Gold aims to operate debt-free and distribute substantial dividends while maintaining a focus on projects with low operating costs and high returns.
Fortitude Gold Corporation (OTCQB:FTCO) announced Q1 2022 results with $15.4 million in net sales and a net income of $2.6 million or $0.11 per share. The company produced 9,875 ounces of gold, maintaining its annual production outlook of 40,000 ounces. The cash balance at quarter end was $36.3 million. Despite lower sales compared to Q1 2021, Fortitude Gold's gross profit stood at $6.8 million. The company aims to enhance cash flow with lower mining costs as it transitions to high-grade ore mining.
Fortitude Gold (OTCQB:FTCO) announced its first quarter 2022 earnings conference call scheduled for May 5, 2022, at 11:00 AM Eastern Time. The call will feature an overview of quarterly results and current operational updates from CEO Jason Reid. Investors can join via webcast or telephone using the provided details. The company emphasizes its focus on low operating costs and strong returns, with active mining in Nevada's Walker Lane Mineral Belt. The press release includes caution regarding forward-looking statements and associated risks.
Fortitude Gold Corp. (OTCQB:FTCO) announced promising drill results from its Golden Mile property in Nevada, revealing high-grade gold intercepts. Notable findings include 7.62 meters grading 18.22 g/t gold within 38.10 meters at 4.60 g/t. The ongoing drill campaign targets resource conversion and expansion, with results from 21 holes returned and 32 holes pending. The company aims to complete a prefeasibility study by the end of 2022 to further enhance its resource estimates.
Fortitude Gold Corp. (OTCQB:FTCO) reported preliminary production results of 9,875 gold ounces for Q1 2022, processing ore from the Isabella Pearl mine. The focus was on waste removal, with phase-one operations complete, and now transitioning to phase-two mining, allowing access to high-grade zones over the next three years. The company maintains its 2022 production outlook of 40,000 ounces. Financial results will be filed in the upcoming Form 10-Q. Fortitude Gold emphasizes organic growth, low operating costs, and substantial dividends.
Fortitude Gold Corp. (OTCQB:FTCO) announces a monthly dividend of $0.04 per common share, payable on April 29, 2022, to shareholders of record by April 19, 2022. The company focuses on gold production and aims to provide substantial dividends while maintaining a debt-free status. Its operations are based in Nevada, a leading mining jurisdiction, with the Isabella Pearl mine currently in production. The dividend amount may vary and is subject to Board discretion based on operational and market conditions.
Fortitude Gold Corp. (OTCQB:FTCO) has declared a monthly dividend of $0.04 per common share, payable on March 31, 2022, to shareholders of record as of March 21, 2022. As a gold producer with operations in Nevada, the company emphasizes its commitment to shareholder returns through dividends. However, the board may alter dividend amounts based on various factors, including operational cash flows and market conditions. Fortitude Gold focuses on low-cost, high-margin projects and aims to maintain a debt-free status while maximizing returns for investors.
Fortitude Gold Corporation (OTCQB:FTCO) reported strong year-end 2021 results, with record gold production of 46,459 ounces, net income of $17.9 million ($0.75 per share), and a cash balance of $40 million with no debt. The 2022 production outlook targets 40,000 ounces, assuming no disruptions. Significant recoverable gold ounces on the heap leach pad were disclosed, extending the mine life by over three years. Management highlighted robust operational performance, increased cash flow, and a monthly dividend of $0.04 per share, currently yielding 7.5%, making FTCO an attractive investment in the precious metals sector.
