FTCOOTCGold and Silver OresFiscal year ends December 31
Fortitude Gold Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$4.56−0.10 (-2.13%)
Close on Oct 19, 2026
- Market cap
- $127.54M
- P/E (TTM)
- –
- Dividend yield
- 5.26%
Margins
Share of revenue, fiscal years 2019 to 2025
Gross margin
54.1%+24.1 pts over 5 years
Net margin
2.3%−16.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -50.7% | -37.2% | -19.4% | – | |
| Gross profit | -45.7% | -34.5% | -9.2% | – | |
| Net income | – | -69.4% | -47.2% | – | |
| EPS, diluted | – | -68.0% | -47.0% | – | |
| Dividend per share | -50.0% | -20.6% | – | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 12.5% | 0.4% | |
| Return on assets | – | – | 0.3% | |
| Current ratio | – | 4.78 | 4.26 | |
| Inventory turnover | – | – | 0.4× | |
| Capex to revenue | – | 12.0% | 10.5% | |
| Diluted shares | – | 21M | 25M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Fortitude Gold generated $95.87M from operations and spent $76.10M on capital expenditure, dividends and share buybacks. 36% of that went back into the business.
Generated
$95.87M
Used
$76.10M
Capital expenditure$27.33M36%Dividends$48.77M64%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.3%
×Asset turnover0.14×
×Equity multiplier1.22×
=Return on equity, FY20250.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.3% | 0.14× | 1.22× | 0.4% |
| FY2024 | -5.5% | 0.29× | 1.12× | -1.8% |
| FY2023 | 23.3% | 0.55× | 1.13× | 14.4% |
| FY2022 | 19.7% | 0.59× | 1.11× | 12.9% |
| FY2021 | 21.8% | 0.70× | 1.12× | 17.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$420.00K
- Cash generatingOperating cash flow above zero-$13.02M
- Return on assets improvedROA up on the prior year-1.5% → 0.3%
- Earnings backed by cashOperating cash flow above net income-$13.02M vs $420.00K
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose10.13 → 4.26
- No dilutionShare count did not rise24M → 25M
- Gross margin improvedGross margin up on the prior year49.11% → 54.10%
- More efficientAsset turnover rose0.28 → 0.15