Fortitude Gold (FTCO) Q2 Sales Down 49%
Fortitude Gold (FTCO) reported a 49% decline in Q2 2025 sales, with revenue at $4.9 million and earnings per share of $0.04. Despite lower gold production from the Isabella Pearl mine, high gold prices led to a net income of $0.8 million, reversing a loss from the previous year. The company faced operational challenges, with gold ounces sold dropping to 1,491 and cash reserves decreasing by 48%. Ongoing efforts focus on environmental compliance and permitting for the County Line project, crucial for future operations.
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