Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Contango ORE (CTGO)
:CTGO
Holding CTGO?
Track your performance easily
CTGO Stock Chart & Stats
Day’s Range― - ―
52-Week Range$9.65 - $25.32
Previous CloseN/A
Volume10.00K
Average Volume (3M)121.51K
Market Cap
$133.78M
Enterprise Value$268.08M
Total Cash (Recent Filing)$5.19M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.18
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.23
Shares Outstanding12,228,479
10 Day Avg. Volume82,788
30 Day Avg. Volume121,509
Standard Deviation0.16
R-Squared0.03
Alpha0.00137
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)1.90
P/FCF Ratio0.00
Enterprise Value/Market Cap2.00
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda-6.00
Forecast
1Y Price Target
$30.00Price Target Upside192.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Contango ORE News
PremiumCompany Announcements
Contango ORE Exceeds Gold Production Expectations in 2024
PremiumCompany Announcements
Contango ORE Reports Milestone Quarter with Gold Production
PremiumCompany Announcements
Contango ORE Updates Gold Production Guidance for 2025
PremiumCompany Announcements
Contango ORE Advances with Promising Alaska Drill Results
PremiumCompany Announcements
Contango ORE Hits Milestone with Gold Production StartBulls Say, Bears Say
Bulls Say
Financial PerformanceCTGO reported free cash flow above forecast due to working capital changes and less capital expenditures.
Gold ProductionCTGO's growing gold production supports the reiteration of a Buy rating, albeit with a reduced price target.
Strategic PartnershipsCTGO received its first cash distribution from Kinross Gold for Manh Choh for $19.5M.
Bears Say
Cost ForecastsThe company's guidance for 2025 reflects a worst-case scenario for future ore moisture and bridge weight restrictions, leading to higher cost forecasts.
Debt LevelsCTGO ended 2Q24 with $74.6M in debt, which is a significant amount compared to its cash holdings.
Financial PerformanceCTGO's EBITDA was lower than expected due to higher exploration expenses.
---
Ownership Overview
12.14% Insiders
7.72% Mutual Funds
0.06% Other Institutional Investors
73.10% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CTGO FAQ
What was Contango ORE’s price range in the past 12 months?
Contango ORE lowest stock price was $9.65 and its highest was $25.32 in the past 12 months.
What is Contango ORE’s market cap?
Contango ORE’s market cap is $133.78M.
When is Contango ORE’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Contango ORE’s earnings last quarter?
Contango ORE released its earnings results on Aug 13, 2024. The company reported -$1.9 earnings per share for the quarter, missing the consensus estimate of -$1 by -$0.9.
Is Contango ORE overvalued?
According to Wall Street analysts Contango ORE’s price is currently Undervalued.
Does Contango ORE pay dividends?
Contango ORE does not currently pay dividends.
What is Contango ORE’s EPS estimate?
Contango ORE’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Contango ORE have?
Contango ORE has 12,228,479 shares outstanding.
What happened to Contango ORE’s price movement after its last earnings report?
Contango ORE reported an EPS of -$1.9 in its last earnings report, missing expectations of -$1. Following the earnings report the stock price went down -0.832%.
Which hedge fund is a major shareholder of Contango ORE?
Currently, no hedge funds are holding shares in CTGO
---
Contango ORE Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$30.00 (192.11% Upside)
$30.00 (192.11% Upside)
Insider Transactions
Bought Shares
Worth $528.1K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.74%
12-Months-Change
Fundamentals
Return on Equity
-9999.00%
Trailing 12-Months
Asset Growth
188.63%
Trailing 12-Months
Company Description
Contango ORE
Contango ORE, Inc. engages in the exploration of gold, associated minerals, and rare earth elements. It includes geological surveying, geochemical sampling, geophysical surveying, geochemical evaluation for rare earth elements, and electromagnetic exploration in order to determine the existence and location of rare earth elements. The company was founded by John Brad Juneau and Kenneth R. Peak on September 1, 2010 and is headquartered in Houston, TX.
---
CTGO Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there were strong operational achievements and improvements in cash flow, the company faced financial losses due to hedging and tax expenses. The sentiment is cautious with a focus on debt reduction and potential impacts from gold price volatility.Read More>---
CTGO Stock 12 Month Forecast
Average Price Target
$30.00
▲(192.11% Upside)
Technical Analysis
Best Analysts Covering CTGO
1 Year
1 Year Success Rate
3/7 ratings generated profit
1 Year Average Return
-16.19%
reiterated a buy rating 4 months ago
Copying Mike Niehuser's trades and holding each position for 1 Year would result in 42.86% of your transactions generating a profit, with an average return of -16.19% per trade.
---