OTC: FTCO
Last: 5.62
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Fortitude Gold is a U.S. based gold producer targeting projects with low operating costs, high margins, and strong returns on capital. The Company’s strategy is to grow organically, remain debt-free, and distribute dividends.
The Company’s Nevada Mining Unit consists of seven high-grade gold properties located in the Walker Lane Mineral Belt and an eighth high-grade gold property in west central Nevada. Fortitude Gold owns 100% of all its properties, with the exception of East Camp Douglas, which is held in a joint venture with Fortitude owning 60%. The Isabella Pearl, Scarlet South, and County Line Mines are currently in production in Mineral and Nye Counties, Nevada. Nevada, U.S.A. is among the world’s premier mining friendly jurisdictions.
Our strategy targets not only gold investors but the much larger pool of global investor capital chasing dividends and yield. Fortitude Gold is well positioned to garner both gold equity valuations and obtain the market premium yield valuations. Substantial dividends seek transcendence from solely a gold equity investment.
