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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Fortitude Gold
Fortitude Gold (FTCO) investor relations material
Fortitude Gold has been otc
Fortitude Gold Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary11 Nov, 2026
Executive summary
Q3 production was 2,139 oz, up from 1,384 oz year over year; net sales were $10.315M and net income attributable to shareholders was $1.961M, or $0.07/share.
Consolidated results before noncontrolling interests were a $0.6M loss; nine-month shareholder net income was $0.908M, down from $2.331M.
Cash was $8.505M and working capital was $27.3M at September 30, 2026; Q3 dividends paid were $0.9M.
Financial highlights
Q3 net sales were $10.315M versus $4.654M; mine gross profit was $5.246M versus $2.510M year over year.
Q3 gold sales volume rose 77% year over year and realized gold price increased 24%; nine-month sales were $21.718M versus $16.073M as realized prices rose 41%, partly offset by 6% lower volume.
Q3 exploration expense was $3.927M versus $1.575M; nine-month exploration expense was $10.253M versus $4.278M.
Nine-month operating cash use was $9.797M; investing cash use was $1.708M, while financing activities provided $15.354M.
Outlook and guidance
Golden Mile construction is targeted for 2027, subject to permitting; its six-month NEPA review is expected to begin soon.
East Camp Douglas’s NEPA review and Environmental Assessment are underway; a permit allowing up to 150 acres of disturbance could enable a larger 2027 drill campaign, with up to seven rigs targeted.
Scarlet South operations are estimated to continue through H1 2027; County Line main-pit waste-rock layback is estimated to conclude in 2027, subject to sequencing.
No quarterly or 2027 production forecast was provided; management cited mine sequencing and ore-grade blending as drivers of output variability.
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Latest events from Fortitude Gold
- Aggressive growth, high-grade gold focus, and a $40M JV drive Nevada mining expansion.FTCO
Mining Forum Americas 2026 - High-grade Nevada gold producer with monthly dividends, new mines, and strong exploration upside.FTCOCorporate presentation
- Gold production rose 210% in Q2 2026, with strong sales, liquidity, and key project milestones.FTCOQ2 2026
- Net sales and gold output declined, but new funding and joint ventures support future growth.FTCOQ1 2026
- Key votes include director elections, auditor ratification, and equity plan amendments.FTCOProxy filing
- Votes are sought for director elections, auditor ratification, and expanded equity incentives.FTCOProxy filing
- High-grade Nevada gold producer with strong dividends, robust pipeline, and aggressive exploration.FTCOCorporate presentation
- Permitting delays and low output in 2025, but new funding and projects drive 2026 growth.FTCOQ4 2025
- Net income reached $1.2M as higher gold prices offset lower output; dividend cut to $0.01/month.FTCOQ1 2025
Next Fortitude Gold earnings date
Q4 20263 Mar, 2027
Fortitude Gold
Next Fortitude Gold earnings date
Q4 20263 Mar, 2027
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Frequently asked questions
Fortitude Gold Corp is a U.S.-based gold production and exploration company. It operates gold mining properties primarily in Nevada, focusing on low-cost production and exploration of high-grade mineral deposits. The company is engaged in open-pit mining and continues to evaluate additional exploration targets within its land portfolio. It is headquartered in Colorado Springs, Colorado, and its shares are listed on the OTCQB.