ACCESS Newswire·Nov 10, 2026, 4:30 PM ET

Fortitude Gold Reports Third Quarter 2026 Financial Results

Fortitude Gold Corporation reported third quarter 2026 net sales of $10.3 million & net income of $2.0 million ($0.07 per share).
The company produced 2,139 gold ounces during the quarter, confirming its preliminary production target.
Cash dividends of $0.9 million were paid to shareholders, with a cash balance of $8.5 million at September 30, 2026.
Exploration expenses totaled $3.9 million, while mine gross profit reached $5.2 million.
Isabella Pearl Mine sold 1,221 gold ounces at a total cash cost of $1,682 per ounce (after by-product credits) & an all-in sustaining cost of $2,882 per ounce.
County Line Mine sold 1,216 gold ounces at a total cash cost of $1,930 per ounce (after by-product credits) & an all-in sustaining cost of $1,985 per ounce.
The company holds 611 ounces of gold rounds/bullion as of September 30, 2026.
Operations at Pearl Deep are nearing completion, while Scarlet South & County Line East pit activities are expected to continue into 2027.
Permitting for the new Golden Mile mine is ongoing, with construction targeted for 2027 depending on regulatory timelines.
The company plans to expand exploration acreage at East Camp Douglas & Isabella Pearl properties in 2027.
Total working capital stood at $27.3 million at September 30, 2026, with total assets increasing to $150.7 million.
Fortitude Gold is a Nevada-based producer targeting organic growth, debt-free operations, & strong dividend yields.