---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-007069"
form_type: "8-K"
ticker: "FTCO"
cik: "0001828377"
company_name: "Fortitude Gold Corp"
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:55:16.017443+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fortitude Gold Q1 net income $0.11/sh, gold output 9,875 oz, maintains 2022 outlook

## Summary
- Net sales $15.4M, net income $2.6M ($0.11/sh), cash $36.3M, working capital $75.7M.
- Produced 9,875 gold oz; sold 8,297 oz at total cash cost $708/oz and AISC $848/oz.
- Maintains 2022 production outlook of 40,000 oz gold (range 36,000-40,000).
- Transitioned to open-pit phase two mining; expects lower waste and higher free cash flow from high-grade pearl zone ore.
- Realized gold price averaged $1,863/oz; mine gross profit $6.8M.

## SEC filing metadata
- accession: 0001558370-22-007069
- form_type: 8-K
- ticker: FTCO
- cik: 0001828377
- company_name: Fortitude Gold Corp
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828377/000155837022007069/0001558370-22-007069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828377/000155837022007069/ftco-20220504x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-007069
- JSON: https://secwatch.observer/filing/0001558370-22-007069.json
- Plain text: https://secwatch.observer/filing/0001558370-22-007069.txt

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