earnings
confidence high
sentiment negative
materiality 0.70
Fortitude Gold Q1 net loss $1.6M on $3.2M sales; 688 gold oz produced
Fortitude Gold Corp
2026-Q1 EPS reported
-$0.06
revenue$3,200,000
- Net loss of $1.6M ($0.06/sh); mine gross profit $2.2M; exploration expense $1.7M.
- Isabella Pearl sold 533 gold oz at cash cost $1,017/oz, AISC $2,263/oz.
- County Line commenced production: 148 oz sold at cash cost $1,494/oz, AISC $4,170/oz.
- Completed $12M private placement (2.52M shares at $4.75); entered 60% JV at East Camp Douglas with $40M from Hawthorne.
- Cash balance $10.0M, working capital $31.3M; paid $0.8M dividends.