---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-002593"
form_type: "8-K"
ticker: "FTCO"
cik: "0001828377"
company_name: "Fortitude Gold Corp"
filed_at: "2022-03-01T23:59:59+00:00"
generated_at: "2026-06-27T03:11:54.983089+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fortitude Gold reports record 2021 gold production, net income $0.75/sh, cash $40M, no debt; extends mine life

## Summary
- Record 2021 gold production 46,459 oz, 16% above initial target; net income $17.9M ($0.75/sh) on $82.1M revenue.
- Cash $40M with no debt; all-in sustaining cost $705/oz; monthly dividend $0.48/sh (>7.5% yield).
- Mine life extended beyond full year 2024 at 40k oz/yr run rate; Golden Mile project could add ~3.3 years through 2028.
- Updated reserves 109,700 oz gold; M&I resources 40,800 oz; inferred 14,400 oz; 30,755 oz on heap leach pad.
- 2022 production outlook 40,000 oz gold (range 36k-40k); grid connection to save $80k/month; $5.7M exploration budget.

## SEC filing metadata
- accession: 0001558370-22-002593
- form_type: 8-K
- ticker: FTCO
- cik: 0001828377
- company_name: Fortitude Gold Corp
- filed_at: 2022-03-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828377/000155837022002593/0001558370-22-002593-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828377/000155837022002593/ftco-20220301x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-002593
- JSON: https://secwatch.observer/filing/0001558370-22-002593.json
- Plain text: https://secwatch.observer/filing/0001558370-22-002593.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.