Fortitude Gold Q2 net income $3.6M, special dividend $0.04, maintains 2023 outlook

Fortitude Gold Corp

2023-Q2 EPS reported $0.41 revenue$40,759,000

Net sales $19.2M, net income $3.6M ($0.15 EPS), cash $46.9M at June 30, 2023.
Gold production 9,684 oz; total cash cost after by-product $527/oz, AISC $680/oz.
Declared $0.04 special dividend in addition to regular monthly cash dividend.
Exploration expenditures $6.1M in Q2; County Line Plan of Operations submitted to BLM.
Maintains 2023 annual guidance of 36,000-40,000 gold ounces.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

Fortitude Gold Corp reported the second quarter ended June 30, 2023 results: revenue $19.2 million net sales, net income $3.6 million net income, or $0.15 per share. Guidance reaffirmed.

Period: the second quarter ended June 30, 2023
Revenue: $19.2 million net sales
Net income: $3.6 million net income, or $0.15 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

OUTLOOK COLORADO SPRINGS – August 1, 2023 - Fortitude Gold Corporation (OTCQB: FTCO) (the “Company”) reported results for the second quarter ended June 30, 2023, including $19.2 million net sales, $3.6 million net income, or $0.15 per share, and a $46.9 million cash balance at quarter end. The Company produced 9,684 ounces of gold during the second quarter and

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Source: SEC EDGAR

accession 0001558370-23-012750

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