earnings
confidence high
sentiment negative
materiality 0.85
Fortitude Gold 2024 net sales $37.3M, gold oz sold down 58% YoY; no 2025 guidance
Fortitude Gold Corp
2024-FY EPS reported
-$0.08
revenue$37,334,000
- Net sales $37.3M, pretax income $1.4M; gold oz sold 15,825 vs 37,836 in 2023.
- All-in sustaining cost $966/oz; cash cost after by-product $827/oz (2023: $656, $536).
- Dividends paid $11.6M; cash $27.1M, working capital $37.7M at Dec 31, 2024.
- Exploration spend $12.9M; no 2025 production outlook due to permit uncertainty.
- Isabella Pearl mining expected to end H1 2025; evaluating pit layback to extend.