secwatch.observer — SEC 8-K summary
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Issuer:     Fortitude Gold Corp (FTCO)
CIK:        0001828377
Form:       8-K
Filed at:   2026-05-11T20:35:24+00:00
Accession:  0001104659-26-058692
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fortitude Gold Q1 net loss $1.6M on $3.2M sales; 688 gold oz produced
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828377/000110465926058692/0001104659-26-058692-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828377/000110465926058692/ftco-20260511x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-058692

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