Latest news for Fortitude Gold (OTC:FTCO) Stock

Fortitude Gold Corp is a mineral exploration and evaluation company. It mainly explores gold and silver. It is focused on developing the Isabella Pearl project, Golden Mile property, East Camp Douglas property, Mina Gold property, and County Line property.

Markets

FTCO

GOLD

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FORTITUDE GOLD CORP by Fortitude Gold Corporation

Fortitude Gold Corp

News

Management

VRTX

Vertex COO Stuart Arbuckle To Retire Jul. 2025

iBio (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/IBIO#AMEX">IBIO</a>) reported quarterly losses of $(0.48) per share which missed the analyst consensus estimate of $(0.32) by 50 percent. This is a 80.17 percent increase over losses of $(2.42) per share from the same period last year. The company reported $200.00 thousand in sales this quarter.

Earnings

Earnings Misses

IBIO

iBio Q2 EPS $(0.48) Misses $(0.32) Estimate, Sales $200.00K

MITK

CORRECTION: Mitek Systems Q1 2025 Adj. EPS $0.15 Beats $0.14 Estimate, Sales $37.254M Beats $36.204M Estimate

RGC Resources (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGCO#NASDAQ">RGCO</a>) reported quarterly earnings of $0.51 per share. This is a 2 percent increase over earnings of $0.50 per share from the same period last year. The company reported quarterly sales of $27.29 million which beat the analyst consensus estimate of $26.00 million by 4.96 percent. This is a 11.75 percent increase over sales of $24.42 million the same period last year.

Earnings Beats

RGCO

RGC Resources Q1 2025 GAAP EPS $0.51 Up From $0.50 YoY, Sales $27.29M Beat $26.00M Estimate

WIIM

PETS

PetMed Express shares are trading lower after the company reported worse-than-expected Q3 financial results.

Ark Restaurants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARKR#NASDAQ">ARKR</a>) reported quarterly earnings of $0.88 per share. This is a 131.58 percent increase over earnings of $0.38 per share from the same period last year. The company reported $44.988 in sales this quarter. This is a 100.00 percent decrease over sales of $47.487 million the same period last year.

ARKR

Ark Restaurants Q1 2025 GAAP EPS $0.88 Up From $0.38 YoY, Sales $44.988M Down From $47.487M YoY

Guidance

Brixmor Property Group Expects 2025 Nareit FFO Per Share Of $2.19 - $2.24, Est $2.22

Biotech

General

QTTB

Q32 Bio To Discontinue Renal Basket Trial For ADX-097, Focus On Advancement Of Bempikibart

Mitek Systems shares are trading lower. The company reported Q1 financial results.

Business Outlook
The Company is initiating its 2025 financial outlook to reflect its expectations regarding demand trends, cost of sales, and operating expenses. Based on business trends and conditions as of today, February&nbsp;10, 2025, the Company's outlook for the full fiscal year ending December&nbsp;31, 2025 is as follows:
<ul>
<li>Given the uncertainty regarding 2025 U.S. housing starts compared to prior year housing starts, consolidated operating margin is estimated to be in the range of 18.5% to 20.5% with the low end of the range based on flat to declining 2025 housing starts compared to prior year. The operating margin range includes a projected benefit on the sale of the Gallatin property based on a contracted sales price of $19.1 million.</li>
<li>The effective tax rate is estimated to be in the range of 25.5% to 26.5%, including both federal and state income tax rates as well as international income tax rates, and assuming no tax law changes are enacted.</li>
<li>Capital expenditures are estimated to be in the range of $150.0 million to $170.0 million, which includes approximately $75.0 million remaining for both the Columbus, Ohio facility expansion and the new Gallatin, Tennessee fastener facility construction.</li>
</ul>

Simpson Manufacturing Co. Initiates 2025 Financial Outlook: Operating Margin Estimated At 18.5%-20.5% With $19.1M Gallatin Property Sale Benefit; Effective Tax Rate Range Of 25.5%-26.5%; Capital Expenditures Projected At $150M-$170M Including Columbus, Gallatin Facility Costs

SLQT

SelectQuote shares are trading higher after the company reported better-than-expected Q2 financial results and issued FY25 revenue guidance above estimates. Additionally, the company announced a $350 million strategic investment from several institutional investors.

Apollo Comml Real Est (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARI#NYSE">ARI</a>) reported quarterly earnings of $0.32 per share which beat the analyst consensus estimate of $0.23 by 39.13 percent.&nbsp;

Apollo Comml Real Est Q4 2024 Adj EPS $0.32 Beats $0.23 Estimate

Lattice Semiconductor Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>) reported its fourth-quarter financial results after Monday's closing bell. Here's a look at the <a href="https://www.benzinga.com/pressreleases/25/02/b43607734/lattice-semiconductor-reports-fourth-quarter-and-full-year-2024-results">details from the report.&nbsp;</a>
The Details: Lattice reported quarterly earnings of 15 cents per share, which missed the analyst consensus estimate of 19 cents. Quarterly revenue came in at $117.41 million, which beat the analyst consensus estimate of $117.09 million.  
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&#8220;We achieved record design wins, significantly reduced operating expenses, and delivered a strong 31.8% adjusted EBITDA margin in 2024,&#8221; said Ford Tamer, CEO of Lattice Semiconductor. 
&#8220;Having just come back from sales conferences in North America, APAC and EMEA, I am more confident in our strategy and product roadmap. We are starting to see signs of improvement in the broader market environment as evidenced by our stronger backlog and improved book to bill, which bode well for our business moving forward,&#8221; Tamer added. 
Outlook: Lattice Semiconductor sees first-quarter earnings in a range of 20 cents to 24 cents per share versus the 21-cent estimate, and revenue in a range of $115 million to $125 million against the $118.8-million estimate.
LSCC Price Action: According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Lattice Semiconductor shares are up 10.8% after hours at $60.36 Monday.  
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Image: Courtesy of Lattice Semiconductor Corp.

Movers

Tech

LSCC

Lattice Semiconductor Shares Jump After Mixed Q4 Results, Strong Q1 Guidance

Iovance Biotherapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOVA#NASDAQ">IOVA</a>) shares closed lower on Monday as the company announced Dan Kirby as <a href="https://www.benzinga.com/pressreleases/25/02/g43588359/iovance-biotherapeutics-appoints-dan-kirby-as-chief-commercial-officer">Chief Commercial Officer. </a>
What To Know: The move comes as Iovance aims to strengthen its commercial strategy amid the U.S. launch of Amtagvi and the expansion of Proleukin.
Kirby brings extensive experience in commercializing cell therapy products, having previously led market access, reimbursement and marketing efforts at Celgene, Orca Bio and Omeros Corporation. His expertise in launching and scaling biotech products is expected to support Iovance's push into new markets. 
The drop in share price may reflect broader concerns about Iovance's growth trajectory, the competitive landscape in TIL (tumor-infiltrating lymphocyte) therapies or skepticism regarding the near-term financial impact of the leadership change. Investors could also be reacting to uncertainty surrounding reimbursement challenges and regulatory hurdles that often accompany biotech product launches. 
&#8220;As the global leader in TIL cell therapy, Iovance is strongly positioned to be the flagship cell therapy company for many thousands of patients with solid tumor cancers for decades to come,&#8221; Kirby said.
IOVA Price Action: Iovance shares closed 6.50% lower at $5.32 on Monday, according to <a href="https://pro.benzinga.com/dashboard?new_user=False&amp;backend=google-oauth2">Benzinga pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent021025&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1024" height="526" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10154416/Screenshot-2025-02-10-at-15.43.32-1024x526.png" alt="" class="wp-image-775313" style="width:629px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10154416/Screenshot-2025-02-10-at-15.43.32-1024x526.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10154416/Screenshot-2025-02-10-at-15.43.32-300x154.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10154416/Screenshot-2025-02-10-at-15.43.32-768x395.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10154416/Screenshot-2025-02-10-at-15.43.32-1536x790.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/10154416/Screenshot-2025-02-10-at-15.43.32.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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This illustration was generated using artificial intelligence via Midjourney.

IOVA

Iovance Biotherapeutics Shares Fell Today: What's Going On?

MEDP

Medpace Sees FY25 Revenue $2.110B-$2.210B, GAAP EPS $11.93-$12.69

Simpson Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSD#NYSE">SSD</a>) reported quarterly earnings of $1.31 per share which beat the analyst consensus estimate of $1.27 by 3.15 percent. This is a 2.34 percent increase over earnings of $1.28 per share from the same period last year. The company reported quarterly sales of $517.43 million which beat the analyst consensus estimate of $495.96 million by 4.33 percent. This is a 3.13 percent increase over sales of $501.71 million the same period last year.

Simpson Manufacturing Co Q4 EPS $1.31 Beats $1.27 Estimate, Sales $517.43M Beat $495.96M Estimate

FLNC

Fluence Energy Sees FY25 Revenue $3.1B-$3.7B Vs $3.94B Estimate

<ul>
<li>Business combination materially improves scale and product scope, advancing Columbus McKinnon's strategy as the holistic provider of intelligent motion solutions in materials handling &nbsp;</li>
<li>Complementary portfolio enhances strategic positioning in attractive verticals and target geographies, delivering an even stronger portfolio of products &nbsp;</li>
<li>Transaction valued at approximately $2.7 billion at a ~8x TTM Adjusted EBITDA multiple post-synergies &nbsp;</li>
<li>Expected to create ~$70 million in annual net cost synergies, improving Adjusted EBITDA Margins1 to greater than 23% and is expected to more than double revenue and triple Adjusted EBITDA1 on a pro-forma combined basis &nbsp;</li>
<li>Significant combined cashflow generation expected to enable de-leveraging to Net Leverage Ratio1 of approximately 3.0x within two years post-closing2 &nbsp;</li>
<li>The transaction is expected to be funded with $2.6 billion in committed debt financing and an $0.8 billion perpetual convertible preferred equity investment from CD&amp;R</li>
</ul>
CHARLOTTE, N.C., Feb. 10, 2025 /PRNewswire/ --&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4359435-1&amp;h=1515176171&amp;u=https%3A%2F%2Fwww.cmco.com%2F&amp;a=Columbus+McKinnon+Corporation">Columbus McKinnon Corporation</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCO#NASDAQ">CMCO</a>) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced a definitive agreement under which Columbus McKinnon will acquire Kito Crosby Limited ("Kito Crosby") from funds managed by leading global investment firm KKR in an all-cash transaction valued at $2.7 billion subject to customary post-closing purchase price adjustments. The Company expects the deal to close later this calendar year, subject to regulatory approvals and satisfactory completion of customary closing conditions.

CMCO

Columbus McKinnon To Combine With Kito Crosby Delivering Compelling Value Creation; Transaction Valued At ~$2.7B

Barrington Research analyst Gary Prestopino maintains Snap-on (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNA#NYSE">SNA</a>) with a Outperform and maintains $350 price target.

Price Target

Analyst Ratings

Barrington Research Maintains Outperform on Snap-on, Maintains $350 Price Target

Medpace Hldgs Q4 2024 GAAP EPS $3.67 Beats $2.96 Estimate, Sales $536.6M Beat $534.782M Estimate

Dividends

Press Releases

Fortitude Gold Declares October 2024 Monthly Dividend

Fortitude Gold Reports Preliminary Third Quarter Gold Production

Fortitude Gold Announces Third Quarter Conference Call

Fortitude Gold Reports Third Quarter 2024 Results

Fortitude Gold Declares November 2024 Monthly Dividend

Fortitude Gold Drills 4.57 meters Grading 2.26 g/t gold and 12.19 meters Grading 1.06 g/t gold at County Line

Fortitude Gold Declares December 2024 Monthly Dividend

Fortitude Gold Declares January 2025 Monthly Dividend

Fortitude Gold Reports Fourth Quarter and Full Year 2024 Preliminary Gold Production

Fortitude Gold Declares February 2025 Monthly Dividend

Fortitude Gold

Want exposure to gold as a hedge against inflation and receive monthly dividends at the same time?&nbsp;

As inflation reaches extremes globally &mdash; the rate is estimated at 6.8% for 2022 in the United States &mdash; gold has seemingly become an even more attractive hedge asset. And some mining companies, including one example focused on Nevada, will also pay you a dividend as a shareholder.

Colorado Springs-based Fortitude Gold Corporation (OTC:<a class="ticker" href="https://www.benzinga.com/stock/FTCO#OTC">FTCO</a>) reports mining its 9,000-acre Isabella Pearl project within the established Walker Lane Mineral Belt in Nevada. The company has four other projects under development in the region.

Bites By The Numbers:

<ul>
	<li>9,875 gold ounces produced at the Isabella Pearl project in the first quarter of 2022</li>
	<li>$2.6 million net income for the quarter or $0.11 per share</li>
	<li>$36.3 million in cash and cash equivalents held at end of the quarter</li>
	<li>Dividend of $0.04 per share paid monthly, or $0.48 a share annually,&nbsp;currently a yield of over 7.5%</li>
	<li>40,000 gold ounces in total are targeted for 2022 mining</li>
</ul>

Disciplined management of the company&rsquo;s projects is expected to lower future costs and improve cash flow, the company said at the time it released first-quarter results in May.

&ldquo;This approach should enable us to build our second mine without shareholder dilution, add to mine life longevity, continue to explore our portfolio of properties, pay taxes as a profitable company and distribute substantial dividends to shareholders with an attractive industry-leading yield,&rdquo; President and CEO Jason Reid, said at the time.

Fortitude has described Nevada as the world&rsquo;s premier mining jurisdiction with both junior companies and mature mining giants digging for gold in the state. Bigger companies active in the state include Barrick Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>) and Newmont Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>) which have a joint venture called Nevada Gold Mines.

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.

Featured photo by Peter Olexa on <a href="https://unsplash.com/photos/Ax6ggq8cSxw">Unsplash</a>

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Fortitude Gold

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Latest news for Fortitude Gold (OTC:FTCO) Stock

Tuesday, July 05, 2022

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