Fortitude Gold Q1 net income $1.2M, EPS $0.05; cuts dividend to $0.01/month

Fortitude Gold Corp

2025-Q1 EPS reported $0.05 revenue$6,536,000

Net sales $6.5M; gold sold 2,336 oz vs 3,970 oz in Q1 2024.
Total cash cost after by-product credits $1,033/oz (2024: $661/oz); AISC $1,404/oz.
Monthly dividend reduced from $0.04 to $0.01 starting May 2025 to fund deep mine program.
Deep mineralized zone at Isabella Pearl may extend mining into H1 2026; $1.4M exploration spend.
Cash $21.4M, working capital $30.7M at March 31, 2025.

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