Fortitude Gold reports 2025 net sales $18.4M, net income $0.4M; production down 68% YoY

Fortitude Gold Corp

Net sales of $18.4M vs $35.8M in 2024; net income of $0.4M ($0.01 per share).
Gold production fell to 5,236 oz from 16,472 oz; AISC surged to $1,697/oz vs $966/oz.
Subsequent events: $12M private placement closed; $40M JV with Hawthorne on East Camp Douglas.
New mine permits received: County Line, Power Grid, Scarlet South; two mines now under construction.
Dividends paid $5.8M; cash balance $4.7M; working capital $29.5M at Dec 31, 2025.

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