secwatch.observer — SEC 8-K summary
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Issuer:     Fortitude Gold Corp (FTCO)
CIK:        0001828377
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001558370-22-007069
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828377/000155837022007069/0001558370-22-007069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828377/000155837022007069/ftco-20220504x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-007069

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