earnings
confidence high
sentiment positive
materiality 0.65
Fortitude Gold Q2 2026: net income $0.6M, gold production up 210% QoQ
Fortitude Gold Corp
2026-Q2 EPS reported
-$0.04
revenue$11,403,000
- Net income $0.6M ($0.02/sh) on $8.2M net sales; gold production 2,133 oz, up 210% from Q1.
- Completed $5.5M private placement (1.15M shares at $4.82) to fund heap leach pad expansion.
- Connected to grid power, expects substantial monthly energy cost savings.
- County Line pit layback underway, expected to access ~40,000 oz high-grade gold by 2027.
- Cash balance $13.5M, working capital $35.4M; paid $0.8M dividends in Q2.