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Fortitude Gold Corp. (FTCO)
OTHER OTC:FTCO
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.05Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call portrayed a company recovering from a highly disruptive 2025 (permit backlog, lowest-ever gold production, tight cash and a 75% dividend cut) but with several concrete near‑term catalysts that materially improve prospects: newly issued permits, a $40M JV that accelerates district exploration, a $12M private placement to restart programs, a major crusher upgrade and a strategic shift to an owner‑operator model. Operational and financial weaknesses remain (low production, minimal net income, elevated AISC, suspended drilling history and staffing/drill rig scarcity), so execution risk persists. Overall, the tone is cautiously optimistic — management emphasized recent wins and a path to re‑scale operations while acknowledging significant challenges that must be managed.Company Guidance
New Mine Permits Secured
Received County Line permits (Sept 2025) and Scarlet South permits (early 2026), plus an Isabella Pearl power grid permit — clears regulatory obstacles and enables ramp-up and restart of exploration/production activities.
Strategic $40M Joint Venture for East Camp Douglas
Signed a $40 million JV with Hawthorne Land & Minerals (Fortitude retains 60% and is operator). Hawthorne will fund up to $40M of exploration; Fortitude will only contribute after those funds are spent — accelerates district-scale exploration and potential discovery.
Capital Raise to Re‑engage Operations and Exploration
Completed a private placement of 2.5M restricted shares at $4.75 for $12M (proceeds to advance two permitted mines and restart drilling). Post‑placement shares outstanding = 26.8M (implied dilution ≈ +10.3%).
Installed Major Crushing Upgrade
Installed an 800 t/h crusher at Isabella Pearl (previous crusher ~250 t/h) — ~220% increase in crushing capacity, supporting higher throughput as multiple pits deliver ore to the plant.
Cost Reduction and Owner‑Operator Transition
Implemented broad cost controls (office relocation, eliminated bonuses, team reductions), terminated the mine contract in Sept 2025 and shifted to an owner-operator model to bring fleet and workforce in‑house — expected to reduce per‑ton mining costs and capture economies of scale across three mines.
Meaningful Working Capital and Mine Gross Profit
Year‑end working capital reported at $29.5M and mine gross profit of $10.0M for 2025 (mine gross profit represents ~54% of $18.4M net sales), providing a base to support near‑term operational activity.
Exploration Targets and Prospectivity Identified
Boots‑on‑the‑ground mapping and sampling generated multiple high‑priority targets on the Isabella Pearl trend (e.g., Prospect Mountain, Scarlet North/South) with analogous structural, vertical extent and high‑grade surface samples; management intends to rapidly restart drilling.
FTCO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FTCO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 03, 2026 | $5.78 | $5.76 | -0.35% |
Nov 04, 2025 | $3.99 | $4.04 | +1.23% |
Aug 05, 2025 | $3.58 | $3.57 | -0.42% |
Apr 29, 2025 | $3.17 | $3.38 | +6.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Fortitude Gold Corp. (FTCO) report earnings?
Fortitude Gold Corp. (FTCO) is schdueled to report earning on May 12, 2026, After Close (Confirmed).
What is Fortitude Gold Corp. (FTCO) earnings time?
Fortitude Gold Corp. (FTCO) earnings time is at May 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FTCO EPS forecast?
Currently, no data Available