Fortitude Gold (FTCO) Company Report

Analyst Earnings Quarterly Reports

Earnings summaries and quarterly performance for Fortitude Gold.

Research analysts who have asked questions during Fortitude Gold earnings calls.

Ascend Wealth Advisors

3 questions for FTCO

Helvetia Equity Management

1 question for FTCO

Helvetia Equity Management

1 question for FTCO

Lake Street Capital Markets, LLC

1 question for FTCO

Analyst

1 question for FTCO

Recent press releases and 8-K filings for FTCO.

Fortitude Gold Reports Q3 2025 Results and County Line Project Permit Approvals

FTCO

Earnings

Dividends

New Projects/Investments

Fortitude Gold reported net sales of $4.7 million and net income of $0.2 million, or $0.01 per share , for the third quarter of 2025.
The company produced 1,384 gold ounces in Q3 2025 , with a total cash cost after by-product credits of $1,244 per gold ounce sold and an all-in sustaining cost of $1,956 per ounce.
As of September 30, 2025, Fortitude Gold held a cash balance of $11.7 million and working capital of $28.5 million.
The Bureau of Land Management (BLM) and Nevada Division of Environmental Protection (NDEP) approved all permits for the County Line gold project in September 2025, enabling the company to advance it into production.
The company paid $0.7 million in cash dividends to shareholders during Q3 2025.

Nov 4, 2025, 9:39 PM

Fortitude Gold Reports 2024 Year-End Results and Discusses Permitting Outlook

FTCO

Earnings

Dividends

New Projects/Investments

Fortitude Gold reported $37.3 million in net sales and 16,472 gold ounces produced for 2024, with a $1.4 million pre-tax income (swinging to a $2 million loss after taxes) and $11.6 million paid in cash dividends.
The company ended 2024 with a $27.1 million cash balance and $37.7 million in working capital, while incurring $12.9 million in exploration expenditures.
Operationally, Fortitude Gold estimates 43,000 recoverable gold ounces on the heap leach pad at year-end 2024 and has effectively completed mining the Isabella Pearl mine plan by March 2025, now evaluating pit laybacks.
The CEO stated that the company's business plan was derailed by the Biden administration's anti-mining policies and permit backlogs, expressing optimism for the Trump administration's pro-business approach to accelerate new mine permits for projects like County Line, Scarlet North, and Golden Mile.
To conserve cash while awaiting permits, the company will significantly curtail its 2025 exploration drill budget compared to the $12.9 million spent in 2024.

Feb 26, 2025, 4:00 PM

Fortitude Gold Reports 2024 Year-End Results and Operational Update

FTCO

Earnings

Dividends

New Projects/Investments

Fortitude Gold reported $37.3 million in net sales and produced 16,472 gold ounces for the year ended December 31, 2024, with an all-in sustaining cash cost of $966. The company ended 2024 with a cash balance of $27.1 million and paid $11.6 million in cash dividends.
For 2024, the company recorded a pre-tax income of $1.4 million, which resulted in a $2 million loss after taxes, and incurred $12.9 million in exploration expenditures.
As of year-end 2024, an estimated 43,000 recoverable gold ounces remain on the heap leach pad. Mining of the Isabella Pearl mine plan is effectively completed as of March, with evaluations underway for a pit layback to access deeper high-grade oxide and transitional gold.
The company's long-term objective is to obtain permits for its County Line, Scarlet North, and Golden Mile projects, noting a positive shift in regulatory attitude and permit efforts since the recent election.
Fortitude Gold plans to significantly curtail its exploration drill budget for 2025 compared to the $12.9 million spent in 2024, focusing on conserving cash until new mine permits are secured.