Fortitude Gold Reports Profitable First Quarter
ACCESSWIRE
Increasing Treasury by $7M
Maintains 2021 Production Outlook
COLORADO SPRINGS, CO / ACCESSWIRE / May 11, 2021 / Fortitude Gold Corp. (OTCQB:FTCO) (the Company ) reported results for the first quarter ended March 31, 2021 of 11,536 ounces of gold produced at $575 per ounce all-in sustaining cost, $20.7 million net sales, $7.4 million increase in treasury to $35.2 million, and maintains its 2021 production outlook. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A.
Q1 2021 FINANCIAL RESULTS AND HIGHLIGHTS
$7.3 million cash from operating activities
$35.2 million cash balance on March 31, 2021; an increase of 27%, or $7.4 million from December 31, 2020
$20.7 million net sales
Fortitude Gold Corporation: Fortitude Gold Reports Profitable First Quarter
Maintains 2021 Production Outlook
COLORADO SPRINGS, CO / ACCESSWIRE / May 11, 2021 / Fortitude Gold Corp. (OTCQB:FTCO) (the Company ) reported results for the first quarter ended March 31, 2021 of 11,536 ounces of gold produced at $575 per ounce all-in sustaining cost, $20.7 million net sales, $7.4 million increase in treasury to $35.2 million, and maintains its 2021 production outlook. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A.
Q1 2021 FINANCIAL RESULTS AND HIGHLIGHTS
$7.3 million cash from operating activities
$35.2 million cash balance on March 31, 2021; an increase of 27%, or $7.4 million from December 31, 2020
$20.7 million net sales
5.03 grams per tonne average gold grade mined