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Contango ORE (CTGO)
NYSE MKT:CTGO
Contango ORE (CTGO) Stock Price & Analysis
17 Followers
CTGO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.03 - $25.32
Previous Close$22.8
Volume159.40K
Average Volume (3M)79.27K
Market Cap
$275.02M
Enterprise Value$288.83M
Total Cash (Recent Filing)$11.65M
Total Debt (Recent Filing)$25.46M
Price to Earnings (P/E)―
Beta0.47
Next Earnings
Sep 13, 2023EPS Estimate
-$1.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-7.09
Shares Outstanding9,631,684
10 Day Avg. Volume146,024
30 Day Avg. Volume79,267
Standard Deviation0.15
R-Squared0.04
Alpha0.00823
Financial Highlights & Ratios
Price to Book (P/B)-33.88
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-36.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-435.79
Enterprise Value/Ebitda-10.35
Forecast
1Y Price Target
$29.67Price Target Upside28.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Contango ORE News
PremiumCompany Announcements
Contango ORE Expands Portfolio with Acquisition and Gold Milestone
PremiumCompany Announcements
Contango ORE Energizes Alaska Gold Mining and Acquires HighGold
PremiumCompany Announcements
Contango ORE Unveils Insightful Non-GAAP Financial PresentationBulls Say, Bears Say
Bulls Say
AcquisitionsCTGO's decision to buy two mining companies suggests good progress with the Manh Choh gold mine in Alaska and visibility into the amount of future production and revenue.
Financial PerformanceCTGO reiterated the timeline for initial gold production from the Manh Choh project in Alaska for early 3Q24 and introduced guidance for Manh Choh to generate greater than $50M of free cash flow per year.
Stock ValuationCTGO is trading at 6.7 times the 2025 EBITDA forecast, and the analyst reiterates a Buy rating and $36 price target.
Bears Say
EquityNear-term dilution from equity issuance.
Financial PerformanceCash burn in 1Q24 was $19.9M, wider than the $14.9M forecast.
FundingNo re-funding of ACP yet; lowering estimates on assumption of no near-term re-funding.
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Ownership Overview
15.35% Insiders
3.84% Mutual Funds
11.92% Other Institutional Investors
68.89% 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 $14.03 and its highest was $25.32 in the past 12 months.
What is Contango ORE’s market cap?
Currently, no data Available
When is Contango ORE’s upcoming earnings report date?
Contango ORE’s upcoming earnings report date is Sep 13, 2023 which is 314 days ago.
How were Contango ORE’s earnings last quarter?
Contango ORE released its earnings results on May 11, 2022. The company reported -$1.012 earnings per share for the quarter, missing the consensus estimate of N/A by -$1.012.
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 is -$1.04.
How many shares outstanding does Contango ORE have?
Contango ORE has 12,062,321 shares outstanding.
What happened to Contango ORE’s price movement after its last earnings report?
Contango ORE reported an EPS of -$1.012 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 2.763%.
Which hedge fund is a major shareholder of Contango ORE?
Currently, no hedge funds are holding shares in CTGO
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Contango ORE Stock Smart Score
Unlock Smart Score
1
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8
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$29.67 (28.33% Upside)
$29.67 (28.33% Upside)
Blogger Sentiment
Bullish
CTGO Sentiment 100%
Sector Average 71%
Sector Average 71%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-15.17%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
107.00%
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.
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CTGO Stock 12 Month Forecast
Average Price Target
$29.67
▲(28.33% Upside)
Technical Analysis
Best Analysts Covering CTGO
1 Year
1 Year Success Rate
7/7 ratings generated profit
1 Year Average Return
+20.37%
reiterated a buy rating last month
Copying Tate Sullivan's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +20.37% per trade.
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