Fortitude Gold (OTCMKTS:FTCO – Get Free Report) announced its earnings results on Tuesday. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.03, reports. The firm had revenue of $10.31 million during the quarter, compared to analysts’ expectations of $16.41 million.
Fortitude Gold Price Performance
Shares of FTCO stock traded down $0.10 on Wednesday, hitting $4.20. The stock had a trading volume of 34,612 shares, compared to its average volume of 49,559. The company’s 50 day moving average price is $4.60 and its 200-day moving average price is $4.92. Fortitude Gold has a 1 year low of $3.74 and a 1 year high of $6.10.
Fortitude Gold Company Profile
Fortitude Gold is a U.S.-based gold and silver company focused on mining, exploration and development in Nevada’s Walker Lane mineral belt. The company produces gold and silver doré and has centered its operations on the Isabella Pearl open-pit, heap-leach mine in Mineral County. Fortitude Gold became an independent company in 2021 after being spun off from Gold Resource Corporation. Alongside Isabella Pearl, it holds other Nevada properties for exploration and potential development. Jason Reid has served as Fortitude Gold’s president and chief executive officer.
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