secwatch.observer — SEC 8-K summary
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Issuer:     Fortitude Gold Corp (FTCO)
CIK:        0001828377
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001558370-25-005862
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828377/000155837025005862/0001558370-25-005862-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828377/000155837025005862/ftco-20250429x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-005862

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer