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Fortitude Gold vs Northern Minerals & Exploration: FTCO and NMEX compared
Fortitude Gold is the larger company: $8.2M of revenue in its latest quarter (Q2 2026) against $8K for Northern Minerals & Exploration (Q4 FY26). Fortitude Gold is growing faster (+68% against -11% a year earlier).
Where the money goes: FTCO and NMEX
Fortitude Gold (FTCO) · Q2 2026
Fortitude Gold, Q2 2026: revenue $8.2M (+68% year over year), operating margin 11.0%, net loss $1.9M, operating cash flow −$4.4M. The chart follows the revenue to costs, profit and cash.
Northern Minerals & Exploration (NMEX) · Q4 FY26
Northern Minerals & Exploration, Q4 FY26: revenue $8K (-11% year over year), net loss $243K, operating cash flow −$96K. The chart follows the revenue to costs, profit and cash.
| Fortitude Gold (FTCO) | Northern Minerals & Exploration (NMEX) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q4 FY26 |
| Revenue | $8.2M | $8K |
| Revenue growth, Y/Y | +68% | -11% |
| Operating margin | 11.0% | n/m |
| Net earnings | −$1.9M | −$243K |
| Net margin | -23.0% | — |
| Operating cash flow | −$4.4M | −$96K |
Questions
Which is bigger, Fortitude Gold or Northern Minerals & Exploration?
Fortitude Gold is the larger company: $8.2M of revenue in its latest quarter (Q2 2026) against $8K for Northern Minerals & Exploration (Q4 FY26).
Is Fortitude Gold or Northern Minerals & Exploration growing faster?
Fortitude Gold is growing faster (+68% against -11% a year earlier).
More: Fortitude Gold earnings · how Fortitude Gold makes money · Northern Minerals & Exploration earnings · how Northern Minerals & Exploration makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 4, 2026; 10-K filed Nov 3, 2026). Fiscal quarters can end on different dates. Not investment advice.