---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-017128"
form_type: "8-K"
ticker: "FTCO"
cik: "0001828377"
company_name: "Fortitude Gold Corp"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:54:42.524671+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Fortitude Gold reports Q3 net income $5.7M, maintains 2023 production outlook

## Summary
- Net sales $21.3M, net income $5.7M ($0.24 per share); cash balance $52.0M at quarter end.
- Produced 11,122 gold oz, sold 11,042 oz at total cash cost $547/oz after by-product credits.
- All-in sustaining cost $651/oz; realized gold price $1,931/oz.
- Maintains 2023 production outlook of 36,000–40,000 gold ounces.
- Exploration expenditures $3.8M; working capital $98.1M; $2.9M dividends paid in Q3.

## SEC filing metadata
- accession: 0001558370-23-017128
- form_type: 8-K
- ticker: FTCO
- cik: 0001828377
- company_name: Fortitude Gold Corp
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828377/000155837023017128/0001558370-23-017128-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828377/000155837023017128/ftco-20231031x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-017128
- JSON: https://secwatch.observer/filing/0001558370-23-017128.json
- Plain text: https://secwatch.observer/filing/0001558370-23-017128.txt

## Key facts
- Earnings Releases
  Fortitude Gold Corp reported three and nine months ended September 30, 2023 results: net income $5.7 million net income, EPS $0.24 per share. Guidance reaffirmed.
  - Period: three and nine months ended September 30, 2023
  - Net income: $5.7 million net income
  - EPS: $0.24 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: The Company recorded net income of $5.7 million, or $0.24 per share and reported cash and cash equivalents at quarter end of $52.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828377/000155837023017128/0001558370-23-017128-index.htm
- Earnings Releases
  Fortitude Gold Corp reported third quarter ended September 30, 2023 results: revenue $21.3 million net sales, net income $5.7 million net income, EPS $0.24 per share. Guidance reaffirmed.
  - Period: third quarter ended September 30, 2023
  - Revenue: $21.3 million net sales
  - Net income: $5.7 million net income
  - EPS: $0.24 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Fortitude Gold Corporation (OTCQB: FTCO) (the “Company”) reported results for the third quarter ended September 30, 2023, including $21.3 million net sales, $5.7 million net income, or $0.24 per share, and increased its cash balance to $52.0 million at quarter end.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828377/000155837023017128/0001558370-23-017128-index.htm

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