Fortitude Gold

Fortitude Gold Debt

Debt of Fortitude Gold (FTCO) as of Nov 5, 2026.

Debt

0.00USD

Last updated:

In 2024, Fortitude Gold's total debt was 0.00 USD, a % change from the 0.00 USD total debt recorded in the previous year.

The Fortitude Gold Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Debt
Date
Debt
Jan 1, 2018
3.36 M USD
Jan 1, 2019
2.53 M USD
Jan 1, 2020
1.21 M USD
Jan 1, 2021
155,000.00 USD
Jan 1, 2022
0.00 USD
Jan 1, 2023
0.00 USD
Jan 1, 2024
0.00 USD
The Fortitude Gold Debt history
YEARDebtYoY
0.00USD—
0.00USD—
0.00USD-100.00%
155,000.00USD-87.16%
1.21 MUSD-52.20%
2.53 MUSD-24.87%
3.36 MUSD—

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Fortitude Gold Stock analysis

What does Fortitude Gold do? Fortitude Gold Corp. generates revenue through the production and exploration of gold and silver projects, focusing on its Nevada Mining Unit properties. The company's flagship Isabella Pearl project, an open-pit heap leach operation covering 9,000 acres, contributes to its mining output. Additional properties include the Golden Mile, Mina Gold, East Camp Douglas, and County Line projects, each with specific land areas and claim types. Revenue is derived from gold and silver extraction and sale from these operational and exploration sites. The company's Nevada Mining Unit comprises five properties within the Walker Lane Mineral Belt, including the Isabella Pearl project. The Golden Mile property spans 9,300 acres with 451 unpatented and five patented claims, while Mina Gold covers 1,200 acres with 61 unpatented and five patented claims. East Camp Douglas encompasses 5,600 acres with 289 unpatented and 16 patented claims, and County Line totals 2,400 acres with 116 unpatented lode and six unpatented placer claims. These properties form the core of the company's mining activities. Fortitude Gold Corp. targets the gold and silver mining sector, with operations primarily in Nevada. The company's revenue streams come from the extraction and sale of gold and silver from its various properties, including the Isabella Pearl project and the other Nevada-based sites. The focus on exploration and production in the Walker Lane Mineral Belt positions the company to capitalize on mineral-rich areas for resource development. Fortitude Gold is one of the most popular companies on Eulerpool.

Debt Details

Understanding Fortitude Gold's Debt Structure

Fortitude Gold's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Fortitude Gold's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Fortitude Gold’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Fortitude Gold’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Fortitude Gold stock

On Eulerpool you can find the complete historical development of Debt Fortitude Gold since 2006 – with annual values, charts, and detailed analysis.

Debt's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Debt's Fortitude Gold historically and in real time.

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Balance Sheet — Fortitude Gold

All Key Metrics — Fortitude Gold