Fortitude Gold Corp
Fortitude Gold Corporation, together with its subsidiaries, operates as a mining company that explores for gold and silver projects in the United States. The company's flagship project, the Isabella Pearl, is an open pit-style that includes 771 unpatented lode mineral claims that covers approximately 13,337 acres located in Mineral County, Nevada. It also explores for copper and other precious me… Read more
Fortitude Gold Corp (FTCO) - Net Assets
Latest net assets as of December 2025: $104.37 Million USD
Based on the latest financial reports, Fortitude Gold Corp (FTCO) has net assets worth $104.37 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($136.19 Million) and total liabilities ($31.81 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $104.37 Million |
| % of Total Assets | 76.64% |
| Annual Growth Rate | 7.95% |
| 5-Year Change | -7.1% |
| 10-Year Change | N/A |
| Growth Volatility | 19.19 |
Fortitude Gold Corp - Net Assets Trend (2019–2025)
This chart illustrates how Fortitude Gold Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fortitude Gold Corp (2019–2025)
The table below shows the annual net assets of Fortitude Gold Corp from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $104.37 Million | -3.44% |
| 2024-12-31 | $108.09 Million | -10.33% |
| 2023-12-31 | $120.55 Million | +7.30% |
| 2022-12-31 | $112.35 Million | 0.00% |
| 2021-12-31 | $112.35 Million | +14.68% |
| 2020-12-31 | $97.97 Million | +48.57% |
| 2019-12-31 | $65.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fortitude Gold Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 939100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $107.13 Million | 102.64% |
| Total Equity | $104.37 Million | 100.00% |
Fortitude Gold Corp Competitors by Market Cap
The table below lists competitors of Fortitude Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LongDa Construction & Development Corp
TW:5519
|
$122.92 Million |
|
ALTYNGOLD PLC LS -10
F:FPP0
|
$123.02 Million |
|
CLASQUIN S.A. NOM. EO2
F:7J4
|
$123.08 Million |
|
Xiamen Goldenhome Co Ltd
SHG:603180
|
$123.08 Million |
|
PAM Transportation Services Inc
NASDAQ:PTSI
|
$122.87 Million |
|
IQE PLC
PINK:IQEPF
|
$122.86 Million |
|
Comefly Outdoor Co Ltd
SHG:603908
|
$122.85 Million |
|
Tus-Design Group Co Ltd Class A
SHE:300500
|
$122.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fortitude Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 108,093,000 to 104,374,000, a change of -3,719,000 (-3.4%).
- Net income of 420,000 contributed positively to equity growth.
- Dividend payments of 5,816,000 reduced retained earnings.
- Other factors increased equity by 1,677,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $420.00K | +0.4% |
| Dividends Paid | $5.82 Million | -5.57% |
| Other Changes | $1.68 Million | +1.61% |
| Total Change | $- | -3.44% |
Book Value vs Market Value Analysis
This analysis compares Fortitude Gold Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.72x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $2.76 | $4.75 | x |
| 2020-12-31 | $4.09 | $4.75 | x |
| 2021-12-31 | $4.69 | $4.75 | x |
| 2022-12-31 | $4.69 | $4.75 | x |
| 2023-12-31 | $5.01 | $4.75 | x |
| 2024-12-31 | $4.47 | $4.75 | x |
| 2025-12-31 | $4.28 | $4.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fortitude Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.28%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.30x
- Recent ROE (0.40%) is below the historical average (7.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -4.54% | -19.86% | 0.18x | 1.27x | $-9.59 Million |
| 2020 | 10.43% | 18.93% | 0.48x | 1.15x | $420.20K |
| 2021 | 15.90% | 21.76% | 0.67x | 1.09x | $6.63 Million |
| 2022 | 15.90% | 21.76% | 0.67x | 1.09x | $6.63 Million |
| 2023 | 14.12% | 23.29% | 0.54x | 1.12x | $4.96 Million |
| 2024 | -1.89% | -5.47% | 0.31x | 1.13x | $-12.85 Million |
| 2025 | 0.40% | 2.28% | 0.14x | 1.30x | $-10.02 Million |
Industry Comparison
This section compares Fortitude Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fortitude Gold Corp (FTCO) | $104.37 Million | -4.54% | 0.30x | $122.88 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |