Fortitude Gold - FTCO STOCK NEWS

Fortitude Gold Corp. (OTCQB:FTCO) has announced a monthly dividend of $0.04 per common share, payable on April 28, 2023, to shareholders of record by April 19, 2023. This dividend reflects the company's commitment to providing returns to its investors while continuing its gold production and development activities.

Fortitude Gold operates primarily in Nevada, U.S.A., aiming for low operating costs and high margins from its mining projects. The company emphasizes that dividends may fluctuate or be discontinued based on various factors, including operational cash flows, market conditions, and strategic priorities, which are detailed in its filings with the U.S. Securities and Exchange Commission.

Fortitude Gold Corp. (OTCQB:FTCO) announced on March 29, 2023, the retirement of Mr. Barry Devlin, Vice President of Exploration, effective May 31, 2023, after a notable 45-year career in the mining industry. Mr. Allan Turner, currently the Company's Exploration Manager, will succeed him, having joined in September 2021 with the intent of stepping into this role. Turner brings over 25 years of experience and expertise in gold exploration and resource assessments. Fortitude Gold operates in Nevada, focused on low-cost, high-margin gold production and a strong dividend strategy. The company maintains a commitment to organic growth and debt-free operations.

Fortitude Gold Corp. (OTCQB:FTCO) has announced a monthly dividend of $0.04 per common share, payable on March 31, 2023, to shareholders of record by March 20, 2023. The company, focused on gold production in Nevada, aims to provide investors with exposure to gold production and dividends. The dividend amount may fluctuate due to operational cash flows, company development needs, and market conditions. Fortitude Gold is committed to remaining debt-free and distributing substantial dividends while targeting projects with low operating costs and high returns.

Fortitude Gold Corporation (OTCQB:FTCO) reported strong year-end 2022 results with a net income of $14.7 million or $0.61 per share and a cash balance of $45.1 million, up 13% year-over-year. The company produced 41,231 gold ounces, surpassing its target by 3%. For 2023, Fortitude anticipates production of 40,000 ounces and plans significant investments in exploration and development across its properties. The company maintains a dividend yield of over 7.5% with no debt and a solid financial position, emphasizing growth through its County Line and Golden Mile properties.

Fortitude Gold (OTCQB:FTCO) has announced its year-end 2022 earnings conference call on March 1, 2023, at 11:00 AM Eastern Time. The call will cover the company's annual results and current operations. CEO Jason Reid will lead the discussion, followed by a Q&A session. Fortitude Gold is a gold producer operating in Nevada and aims to maintain low operating costs and distribute dividends. The company is focused on organic growth and operates five high-grade gold properties in the Walker Lane Mineral Belt, including the active Isabella Pearl gold mine. Investors should note the forward-looking statements regarding future performance.

Fortitude Gold Corp. (OTCQB:FTCO) announced promising high-grade gold drill results from its Golden Mile property in Nevada, with significant intercepts including 24.38 meters grading 6.01 g/t gold and 3.05 meters at 30.94 g/t gold. The latest drill program aimed to connect deeper mineralized zones and explore extensions to the east, revealing a new geologic model for gold mineralization. Capital investments for the project total approximately $9 million, with equipment procured to support potential open-pit mining. The company is evaluating a phase one open pit design to expedite production, further enhancing its production profile.

Fortitude Gold Corp. (OTCQB:FTCO) has scheduled its annual meeting of shareholders for May 18, 2023, at 9:00 a.m. MST in Colorado Springs, CO. The record date for determining eligible shareholders to vote is March 20, 2023. The company operates in the gold production sector, focusing on low operating costs and high margins, with a debt-free strategy and a commitment to substantial dividends. Fortitude Gold’s Nevada operations feature multiple high-grade gold properties, including the producing Isabella Pearl gold mine, situated in a mining-friendly jurisdiction. The company emphasizes its growth plans and potential risks, including uncertainties related to COVID-19 impacts.

Fortitude Gold Corp. (OTCQB:FTCO) announced significant gold drill intercepts at its Isabella Pearl open pit site in Nevada. Key results include oxide intercepts of 3.05 meters grading 15.15 g/t gold within 21.34 meters at 7.21 g/t gold, and non-oxide intercepts of 6.10 meters at 12.17 g/t gold within 41.15 meters grading 6.25 g/t gold. The drill program, completed in Q4 2022, aimed to explore below the projected pit floor for additional minable ore. The findings indicate potential for including some of this mineralization in an upcoming resource update. The company’s exploration strategy is focused on optimizing mine plans and maximizing the oxide ore's recovery capabilities.

Fortitude Gold Corp. (OTCQB:FTCO) has announced a monthly dividend of $0.04 per common share, payable on February 28, 2023, to shareholders of record as of February 17, 2023. The company operates gold properties in Nevada, focusing on projects with low operational costs and high margins. The dividend amount is subject to change based on various factors including operational cash flows and market conditions. Fortitude Gold aims to remain debt-free while providing substantial dividends to investors through its targeted growth strategy.