Fortitude Gold Reports Record Second Quarter Production and Net Income of $8.3m or $0.35 Per Share
ACCESSWIRE
04 Aug 2021, 06:43 GMT+10
COLORADO SPRINGS, CO / ACCESSWIRE / August 3, 2021 / Fortitude Gold Corp. (OTCQB:FTCO) (the 'Company') reported record production and financial results for the second quarter ended June 30, 2021 of 14,579 ounces of gold produced at $628 per ounce all-in sustaining cost, $25.9 million net sales, and a $13.8 million increase to its treasury to $41.5 million from December 31, 2020. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A.
Q2 2021 FINANCIAL RESULTS AND HIGHLIGHTS
$41.5 million cash balance on June 30, 2021; an increase of 50%, or $13.8 million from December 31, 2020