secwatch.observer — SEC 8-K summary
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Issuer:     Fortitude Gold Corp (FTCO)
CIK:        0001828377
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001558370-23-002400
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fortitude Gold reports 2022 net income $14.7M, cash up 13% to $45.1M, 2023 production outlook 40,000 oz
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- Net income $14.7M ($0.61/share) on net sales $74.4M; gold production 41,231 oz exceeded 2022 target by 3%.
- All-in sustaining cost $725/oz; cash balance $45.1M (up 13% YoY); working capital $84.1M; no debt.
- 2023 gold production outlook 36,000–40,000 oz; exploration budget $10.1M for Nevada properties.
- Updated Isabella Pearl P&P reserves: 45,000 oz gold; maiden County Line resource: 37,400 oz M&I.
- Paid $11.5M in dividends in 2022; dividend yield over 7.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828377/000155837023002400/0001558370-23-002400-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828377/000155837023002400/ftco-20230228x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-002400

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