Fortitude Gold (FTCO) Stock Profit Rebound Faces High Cost Doubts
Fortitude Gold (FTCO) shares fell about 1.7% to ~$4.68. Simply Wall St reports Q2 revenue rose to $8.2m, while the company returned to profit with net income of about $0.58m, though that was lower than the prior year. Gold output declined to 2,133 oz, and AISC was cited at $2,549/oz, raising margin and guidance concerns.
