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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Fortitude GoldFTCO +0.02%54 Net Margin % is -50.94% as of Mar. 2026. GuruFocus rates FTCO with a GF Score™ of 54/100 and a GF Value™ of $1.28 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 843 Metals & Mining companies, Fortitude Gold ranks worse than 70.82% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Fortitude Gold's Net Income for the
three
months ended in Mar. 2026 was $-1.63 Mil. Fortitude Gold's Revenue for the
three
months ended in Mar. 2026 was $3.20 Mil. Therefore, Fortitude Gold's net margin for the quarter that ended in Mar. 2026 was -50.94%.
The historical rank and industry rank for Fortitude Gold's Net Margin % or its related term are showing as below:
FTCO'
s Net Margin % Range Over the Past 10 Years
Min: -19.86 Med: 18.93 Max: 23.29
Current: -16.31
FTCO's Net Margin % is ranked worse than 70.82% of 843
companies
in the Metals & Mining industry
Industry Median: 3.44
vs FTCO: -16.31
Fortitude Gold (OTCPK:FTCO) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Fortitude Gold Net Margin % Related Terms
Fortitude Gold Net Margin % Historical Data
* Premium members only.
The historical data trend for Fortitude Gold's Net Margin % 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.
For the Gold subindustry, Fortitude Gold's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortitude Gold's Net Margin % distribution charts can be found below:
* The bar in red indicates where Fortitude Gold's Net Margin % falls into.
* 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 Margin % of -50.94% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Fortitude Gold and its competitors. According to the industry distribution chart, Fortitude Gold ranks #597 out of 843 companies in the Metals & Mining industry, placing it in the top 70.8%.
Is Fortitude Gold's Net Margin % too high?
Fortitude Gold's current Net Margin % is -50.94%. Based on the distribution chart, Fortitude Gold ranks #597 out of 843 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Fortitude Gold has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortitude Gold's Net Margin % compare to BSAI and PZG?
According to the Metals & Mining industry distribution chart, Fortitude Gold ranks #597 out of 843 companies for Net Margin %. This places Fortitude Gold in the lower half of its industry. The industry median Net Margin % is 3.44. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Metals & Mining company?
The median Net Margin % among Metals & Mining companies is 3.44, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Fortitude Gold and its competitors. For the Metals & Mining industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortitude Gold's current Net Margin % is -50.94%. 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 $1.28, compared to a current price of $4.75 — trading 271.3% above its estimated fair value. The current Net Margin % is -50.94%. Fortitude Gold's overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Fortitude Gold (FTCO), the current Net Margin % is -50.94% as of Mar. 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 $4.75 is trading 271.3% above its estimated GF Value™ of $1.28.
GuruFocus considers Fortitude Gold to be Significantly Overvalued.
Key valuation signals for FTCO:
Net Margin %: -50.94%
GF Value™: $1.28 vs. price of $4.75 (271.3% 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.
54GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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