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Fortitude GoldFTCO -0.43%51 Net Cash per Share is $-0.58 as of Jun. 2026. GuruFocus rates FTCO with a GF Score™ of 51/100 and a GF Value™ of $1.74 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,097 Metals & Mining companies, Fortitude Gold ranks worse than 91157.61% on this metric.
The historical rank and industry rank for Fortitude Gold's Net Cash per Share or its related term are showing as below:
During the past 8 years, the highest Price-to-Net-Cash Ratio of Fortitude Gold was 11.65. The lowest was 3.67. And the median was 4.86.
FTCO's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 7.33 * Ranked among companies with meaningful Price-to-Net-Cash only.
Fortitude Gold (OTCPK:FTCO) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Fortitude Gold Net Cash per Share Related Terms
Fortitude Gold Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Fortitude Gold's Net Cash per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FTCO vs PZG, NAMM, RYES: Net Cash per Share Comparison
For the Gold subindustry, Fortitude Gold's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fortitude Gold Price-to-Net-Cash vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortitude Gold's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Fortitude Gold's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Fortitude Gold's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fortitude Gold (FTCO) has a Net Cash per Share of $-0.58 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Fortitude Gold and its competitors. According to the industry distribution chart, Fortitude Gold ranks #999999 out of 1097 companies in the Metals & Mining industry.
Is Fortitude Gold's Net Cash per Share too high?
Fortitude Gold's current Net Cash per Share is $-0.58. Based on the distribution chart, Fortitude Gold ranks #999999 out of 1097 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Fortitude Gold has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortitude Gold's Net Cash per Share compare to PZG and NAMM?
According to the Metals & Mining industry distribution chart, Fortitude Gold ranks #999999 out of 1097 companies for Net Cash per Share. This places Fortitude Gold in the lower half of its industry. The industry median Net Cash per Share is 7.33. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 7.33, based on 1,097 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Fortitude Gold and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 7.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortitude Gold's current Net Cash per Share is $-0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortitude Gold stock overvalued right now?
Based on GuruFocus' analysis, Fortitude Gold (FTCO) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.74, compared to a current price of $4.66 — trading 167.8% above its estimated fair value. The current Net Cash per Share is $-0.58. Fortitude Gold's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Fortitude Gold (FTCO), the current Net Cash per Share is $-0.58 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fortitude Gold (FTCO) Overvalued in 2026?
Based on GuruFocus' analysis, Fortitude Gold stock appears to be overvalued.
The current stock price of $4.66 is trading 167.8% above its estimated GF Value™ of $1.74.
GuruFocus considers Fortitude Gold to be Significantly Overvalued.
Key valuation signals for FTCO:
Net Cash per Share: $-0.58
GF Value™: $1.74 vs. price of $4.66 (167.8% above fair value)
No single metric tells the full story. See the FTCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortitude Gold Corp is a mineral exploration and evaluation company. It mainly explores gold and silver. The company has one reportable operating segment, mining operations, which produces gold for sale to its customers. It is focused on developing the Isabella Pearl project, Golden Mile property, East Camp Douglas property, Mina Gold property, and County Line property.
51GF Score
Get the complete analysis for FTCO
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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