earnings
confidence high
sentiment negative
materiality 0.75
Fortitude Gold Q3 net income $946K; gold production drops 62% YoY to 4,220 oz
Fortitude Gold Corp
2024-Q3 EPS reported
$0.03
revenue$27,964,000
- Net sales $10.2M, net income $946K ($0.04 per share), vs prior year net income not given.
- Gold production 4,220 oz (Q3 2023: 11,122 oz); 4,199 oz sold at avg realized price $2,441/oz.
- Total cash cost after by-product credits $906/oz; all-in sustaining cost $990/oz.
- Exploration spending $2.7M; paid $2.9M in dividends; cash balance $30.3M at quarter end.
- CEO cites continued permitting delays for County Line project; received permit to deepen Pearl zone.