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home / news releases / GLD - Fortitude Gold: 8% Yield And Monthly Payout From A High-Quality Junior Miner

GLD - Fortitude Gold: 8% Yield And Monthly Payout From A High-Quality Junior Miner

SPDR Gold Trust
  • Fortitude Gold owns a producing mine and exploration stage assets in Nevada.
  • The company offers an outsized dividend that yields 8% with a policy of returning as much cash to shareholders as soon as possible.
  • The stock appears undervalued with a combination of strong profitability and a solid balance sheet.
  • We are bullish on the stock with current production unhedged to the rising price of gold that has gained momentum.

For further details see:

Fortitude Gold: 8% Yield And Monthly Payout From A High-Quality Junior Miner
Stock Information
Company Name: SPDR Gold Trust
Stock Symbol: GLD
Market: NYSE
Website: spdrs.com
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