Contango ORE
CTGO
Market cap $224M

18.36 USD

+0.49

2.74%

At close Nov 15, 4:00 PM EST

1 day

2.74%

5 days

-5.36%

1 month

-5.85%

3 months

-7.65%

6 months

-7.32%

Year to date

2.63%

1 year

-8.11%

5 years

-31.11%

10 years

-31.11%

About: Contango Ore Inc operates in the United States. The company is engaged in the exploration of gold, silver, and copper ores in the State of Alaska. The company's primary focus is the exploration of a mineral lease with the Native Village of Tetlin whose governmental entity is the Tetlin Tribal Council for the exploration of minerals near Tok, Alaska. It has formed a joint venture to advance exploration of the Tetlin Property, which is prospective for gold and associated minerals. The Tetlin Property is located in the Tetlin Hills and Mentasta Mountains of eastern interior Alaska.

Employees: 11

Materials Gold & Silver Mining

0

Funds holding %

of 6,704 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

800% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 3

200% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 3

27% more capital invested

Capital invested by funds: $46.3M [Q2] → $58.7M (+$12.5M) [Q3]

13% more funds holding

Funds holding: 46 [Q2] → 52 (+6) [Q3]

0.2% more ownership

Funds ownership: 24.73% [Q2] → 24.93% (+0.2%) [Q3]

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$37

102%

upside

Avg. target

$37

102%

upside

High target

$37

102%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Roth MKM

Mike Niehuser

33% 1-year accuracy

6 / 18 met price target

102%upside

$37

Buy

Maintained

11 Oct 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about CTGO published over the past 30 days

Contango Announces Earnings for the Quarter Ended September 30, 2024

FAIRBANKS, Alaska, Nov. 14, 2024 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE American: CTGO) announced today it filed its Form 10-Q for the quarter ended September 30, 2024 ("Q3-2024") with the Securities and Exchange Commission. Periods referenced in this release include the nine month period ended September 30, 2024 ("YTD-2024"), the quarter ended September 30, 2023 ("Q3-2023") and the nine month period ended September 30, 2023 ("YTD-2023").

Contango Announces Earnings for the Quarter Ended September 30, 2024

Contango Ore Inc to Attend the 50th Annual New Orleans Investment Conference

Fairbanks, Alaska--(Newsfile Corp. - November 11, 2024) - Contango Ore Inc (NYSE American: CTGO) is pleased to announce its participation at the upcoming New Orleans Investment Conference on Thursday, November 21st at the Hilton New Orleans Riverside. Rick Van Nieuwenhuyse, President & CEO of Contango Ore Inc will be doing an investor presentation and participating in 1-on-1 meetings with investors at the conference.

Contango Ore Inc to Attend the 50th Annual New Orleans Investment Conference

Contango Announces $12.0 Million Cash Distribution Received from the Peak Gold JV and Commencement of Third Campaign

FAIRBANKS, AK , Nov. 7, 2024 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE American: CTGO) is pleased to announce that the Peak Gold JV paid a cash distribution of $12.0 million on October 24, 2024. These proceeds relate to Contango's 30% of profits from the processing of Manh Choh ore from Campaign #2.

Contango Announces $12.0 Million Cash Distribution Received from the Peak Gold JV and Commencement of Third Campaign

Contango Announces $19.5 Million Cash Distribution Received from the Peak Gold JV

FAIRBANKS, Alaska , Sept. 17, 2024 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE American: CTGO) is pleased to announce that the Peak Gold JV paid a cash distribution of $19.5 million.

Contango Announces $19.5 Million Cash Distribution Received from the Peak Gold JV

Contango Announces Start of Second Campaign of Gold Production from Manh Choh Gold Mine and General Corporate Update

FAIRBANKS, Alaska , Sept. 9, 2024 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE American: CTGO) is pleased to announce that the Peak Gold JV has started processing Campaign #2 of Manh Choh ore through the Kinross Fort Knox mill located near Fairbanks, Alaska.

Contango Announces Start of Second Campaign of Gold Production from Manh Choh Gold Mine and General Corporate Update

Contango Announces Results of the First Batch of Gold Production from Manh Choh Gold Mine, Alaska

FAIRBANKS, Alaska--(BUSINESS WIRE)--Contango ORE, Inc. (“Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce the results on gold production from the First Batch of Manh Choh ore processed at the Fort Knox mill located near Fairbanks, Alaska and operated by Kinross Alaska. Processing of ore from the First Batch started on July 3rd and continued through August 2nd. Results for the First Batch of Manh Choh Ore Processed1 Fort Knox processed approximately 210,000 tons (190,500.

Contango Announces Results of the First Batch of Gold Production from Manh Choh Gold Mine, Alaska

Contango Announces Earnings for Quarter Ended June 30, 2024

FAIRBANKS, Alaska--(BUSINESS WIRE)--Contango ORE, Inc. (“Contango” or the “Company”) (NYSE American: CTGO) announced today it filed its Form 10-Q for the quarter ended June 30, 2024 (“Q2-2024”) with the Securities and Exchange Commission. The Company reported a net loss of $18.5 million (“M”) or a loss of $1.90 per basic and diluted share for Q2-2024, which includes a non-cash expense of $12.6 M related to a loss on mark-to-market derivative contracts, calculated based on a forward gold price c.

Contango Announces Earnings for Quarter Ended June 30, 2024

Contango Announces Commencement of Surface Drilling at the Newly Acquired Johnson Tract Deposit

FAIRBANKS, Alaska--(BUSINESS WIRE)--Contango ORE, Inc. (“Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce the start of a surface drilling campaign at the Johnson Tract property. The 2024 surface exploration drilling targets 3,000 meters (~9,850 ft) across 20 drill holes and is designed to in-fill the upper one-third of the near vertical resource. In parallel with the in-fill drilling, selected holes will undergo hydrological testing and monitoring to characterize the ove.

Contango Announces Commencement of Surface Drilling at the Newly Acquired Johnson Tract Deposit

Contango Completes Acquisition of HighGold

FAIRBANKS, Alaska--(BUSINESS WIRE)--Contango ORE, Inc. (NYSE American: CTGO) (“Contango” or the “Company”) and HighGold Mining Inc. (TSX-V:HIGH, OTCQX:HGMIF) (“HighGold”) are pleased to announce that Contango has completed its acquisition of HighGold (the “Acquisition”) by way of a court approved plan of arrangement under the Business Corporations Act (British Columbia) (the “BCBCA”). The Acquisition was overwhelmingly approved by HighGold securityholders in accordance with the requirements of.

Contango Completes Acquisition of HighGold

Contango Completes Acquisition of HighGold

Fairbanks, Alaska--(Newsfile Corp. - July 10, 2024) - Contango ORE, Inc. (NYSE American: CTGO) ("Contango" or the "Company") and HighGold Mining Inc. (TSXV: HIGH) (OTCQX: HGMIF) ("HighGold") are pleased to announce that Contango has completed its acquisition of HighGold (the "Acquisition") by way of a court approved plan of arrangement under the Business Corporations Act (British Columbia) (the "BCBCA"). The Acquisition was overwhelmingly approved by HighGold securityholders in accordance with the requirements of the BCBCA at a special meeting of HighGold securityholders held on June 27, 2024, and was subsequently approved by the Supreme Court of British Columbia on July 2, 2024.

Contango Completes Acquisition of HighGold

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