CTGO - Contango Ore, Inc. Stock Price, Fair Value and News

21.32USD+0.96 (+4.72%)Delayed

Market Summary

USD21.32+0.96

Delayed

4.72%

CTGO Stock Price

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CTGO RSI Chart

CTGO Valuation

Market Cap

205.2M

Price/Earnings (Trailing)

-2.86

EV/EBITDA

-4.81

Price/Free Cashflow

-13.71

MarketCap/EBT

-4.7

CTGO Price/Earnings (Trailing)

CTGO Profitability

Return on Equity

210.51%

Return on Assets

-108.34%

Free Cashflow Yield

-7.29%

CTGO Fundamentals

CTGO Earnings

Earnings (TTM)

-71.7M

Earnings Growth (Yr)

-158.62%

Earnings Growth (Qtr)

25.78%

Breaking Down CTGO Revenue

Last 7 days

12.9%

Last 30 days

7.5%

Last 90 days

28.2%

Trailing 12 Months

-24.4%

How does CTGO drawdown profile look like?

CTGO Financial Health

Current Ratio

0.28

Debt/Equity

-1.04

Debt/Cashflow

-0.42

CTGO Investor Care

Shares Dilution (1Y)

26.34%

Tracking the Latest Insider Buys and Sells of Contango Ore, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 09, 2024	compofelice joseph s	sold	-60,152	20.6	-2,920	-
Apr 05, 2024	van nieuwenhuyse rick	sold	-108,560	20.1	-5,401	president & ceo
Apr 05, 2024	shortz richard	sold	-18,531	20.59	-900	-
Mar 28, 2024	shortz richard	sold	-4,100	20.5	-200	-
Mar 28, 2024	van nieuwenhuyse rick	sold	-123,630	20.06	-6,163	president & ceo
Mar 22, 2024	shortz richard	sold	-75,026	20.64	-3,635	-
Mar 21, 2024	van nieuwenhuyse rick	sold	-21,000	21.00	-1,000	president & ceo
Mar 18, 2024	van nieuwenhuyse rick	sold	-66,000	22.00	-3,000	president & ceo
Mar 18, 2024	compofelice joseph s	sold	-128,172	22.00	-5,826	-
Mar 18, 2024	shortz richard	sold	-124,979	22.05	-5,668	-

Which funds bought or sold CTGO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.92	-7,674	15,543	-%
May 15, 2024	DEUTSCHE BANK AG\	reduced	-5.22	2,601	69,554	-%
May 15, 2024	STATE STREET CORP	added	22.95	454,760	1,763,120	-%
May 15, 2024	MORGAN STANLEY	added	16.17	68,658	319,824	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-77.34	-170,088	56,214	-%
May 15, 2024	BARCLAYS PLC	reduced	-48.75	-86,000	110,000	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-80.85	-8,743	2,322	-%
May 15, 2024	Royal Bank of Canada	reduced	-85.88	-44,000	7,000	-%
May 14, 2024	NORTHERN TRUST CORP	reduced	-3.82	64,376	1,252,560	-%
May 14, 2024	GABELLI FUNDS LLC	unchanged	-	185,273	2,113,610	0.02%

Are Funds Buying or Selling CTGO?

Are funds buying CTGO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CTGO

No. of Funds

Unveiling Contango Ore, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	sprott inc.	7.2%	680,234	SC 13G/A
Mar 31, 2023	juneau john b	8.64%	623,326	SC 13D/A
Mar 31, 2023	van nieuwenhuyse rick	7.68%	561,721	SC 13D/A
Feb 14, 2023	sprott inc.	5.4%	363,200	SC 13G

Recent SEC filings of Contango Ore, Inc.

View All Filings

Date Filed	Form Type	Document
May 16, 2024	8-K	Current Report
May 14, 2024	10-Q	Quarterly Report
May 14, 2024	8-K	Current Report
May 08, 2024	8-K	Current Report
May 06, 2024	8-K	Current Report
Apr 18, 2024	10-KT/A	10-KT/A
Apr 09, 2024	144	Notice of Insider Sale Intent
Apr 09, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading

Peers (Alternatives to Contango Ore, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SCCO	96.9B	9.7B	9.79%	81.46%	41.11	9.99	-3.73%	-11.90%
FCX	78.0B	23.8B	8.93%	52.10%	20.18	3.28	10.30%	6.62%
NEM	50.4B	13.2B	13.43%	1.09%	-18.86	3.83	13.70%	-408.56%
NUE	41.3B	34.1B	-10.72%	22.70%	9.75	1.21	-14.07%	-36.33%
RS	17.1B	14.5B	-7.36%	20.90%	13.61	1.18	-12.23%	-26.09%
CLF	8.3B	21.9B	-17.49%	13.86%	18.95	0.38	-1.92%	-15.58%
MID-CAP
HL	3.8T	710.3M	15.72%	16.03%	-44.1K	5.4K	-2.96%	-94.29%
AA	7.4B	10.5B	16.03%	12.06%	-10.88	0.71	-11.40%	15.25%
CMC	6.7B	8.4B	3.13%	26.83%	9.8	0.79	-8.32%	-10.17%
MTRN	2.4B	1.6B	-3.14%	10.94%	29.06	1.51	-8.15%	-14.39%
SMALL-CAP
CDE	2.4B	847.0M	32.96%	84.06%	-21.75	2.78	7.96%	2.02%
CENX	1.7B	2.1B	1.94%	121.74%	6.83	0.78	-17.61%	444.18%
CMP	544.4M	1.1B	-1.20%	-61.36%	-6.29	0.47	-6.57%	-123.93%
AUMN	6.9M	12.0M	-27.69%	-88.94%	-0.65	0.57	-48.46%	18.12%
GLG	996.8K	134.6M	-	-92.73%	0.82	0.01	-14.16%	-64.26%

Contango Ore, Inc. News

Latest updates

Contango Ore, Inc. Earnings Report: Key Takeaways & Analysis

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	12.9%	66.00	59.00	55.00	26.00	18.00	23.00	32.00	37.00	24.00	37.00	41.00	36.00	27.00	32.00	37.00	3.00	4.00	6.00	8.00	9.00	10.00
Current Assets	-46.3%	9.00	17.00	20.00	12.00	4.00	10.00	18.00	24.00	10.00	24.00	28.00	36.00	27.00	32.00	37.00	3.00	4.00	6.00	8.00	9.00	10.00
Cash Equivalents	-50.9%	8.00	16.00	19.00	12.00	3.00	9.00	18.00	23.00	8.00	22.00	27.00	35.00	26.00	32.00	36.00	3.00	4.00	5.00	8.00	9.00	10.00
Net PPE	-0.1%	13.00	13.00	13.00	13.00	13.00	13.00	13.00	14.00	14.00	14.00	14.00	0.00	-	-	-	-	-	-	-	-	-
Liabilities	37.0%	100	73.00	44.00	30.00	23.00	24.00	25.00	24.00	4.00	10.00	11.00	1.00	2.00	4.00	6.00	1.00	-	-	-	-	-
Current Liabilities	150.4%	33.00	13.00	5.00	2.00	1.00	1.00	2.00	2.00	1.00	7.00	7.00	0.00	1.00	2.00	4.00	1.00	0.00	0.00	0.00	0.00	0.00
Long Term Debt	-3.8%	35.00	37.00	33.00	25.00	19.00	19.00	19.00	19.00	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Current	174.7%	22.00	8.00	2.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	-100.0%	-	37.00	33.00	25.00	19.00	19.00	19.00	19.00	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-134.1%	-34.05	-14.54	11.00	-	-5.72	-0.78	7.00	13.00	19.00	27.00	31.00	35.00	24.00	29.00	31.00	2.00	4.00	5.00	7.00	83.00	10.00
Retained Earnings	-14.7%	-159	-139	-111	-98.28	-87.86	-79.93	-65.63	-58.53	-51.30	-44.47	-39.60	-35.03	-33.18	-28.67	-25.45	-58.90	-56.35	-54.44	-51.51	-49.66	-47.51
Additional Paid-In Capital	0.8%	125	124	122	93.00	82.00	79.00	75.00	74.00	73.00	72.00	70.00	70.00	58.00	57.00	56.00	61.00	60.00	60.00	59.00	58.00	57.00
Shares Outstanding	1.7%	10.00	9.00	9.00	8.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	113	-	91.00	-	-	-	92.00	-	-	-	58.00	-	-	-	44.00	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	24.9%	-4,414	-5,880	-3,552	-1,106	-3,026	-5,290	-5,255	-4,695	-3,822	-3,874	-1,552	-1,978	-2,333	-3,326	-740	-161	-684	-455	-90.31	-246	-230
Share Based Compensation	-24.0%	671	883	740	725	608	811	788	818	898	1,256	1,022	1,007	984	1,010	892	883	862	883	740	732	725
Cashflow From Investing	-110.3%	-15,457	-7,350	-27,036	-6,720	-5,090	-9,310	-	-	-7,811	-945	-6,636	13.00	-2,490	-1,123	30,952	-420	-600	-1,800	-900	-930	-420
Cashflow From Financing	17.2%	11,986	10,230	37,450	16,553	2,272	5,556	-30.43	19,805	-2,248	-69.31	-43.56	10,946	-876	-	3,166	-	-	-	-	-	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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CTGO Income Statement

2024-03-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
EXPENSES:
Claim rental expense	$ (128,117)	$ (126,452)
Exploration expense	(86,644)	(251,927)
Depreciation expense	(26,996)	(34,214)
Accretion expense	(3,140)	(2,865)
General and administrative expense	(2,467,995)	(1,980,921)
Total expenses	(2,712,892)	(2,396,379)
OTHER INCOME/(EXPENSE):
Interest income	12,050	8,402
Interest expense	(2,030,814)	(447,510)
Loss from equity investment in Peak Gold, LLC	(140,253)	(5,090,000)
Unrealized loss on derivative contracts	(15,625,330)	0
Total other income/(expense)	(17,784,347)	(5,529,108)
NET LOSS	$ (20,497,239)	$ (7,925,487)
NET LOSS PER SHARE
Net loss per share, basic	$ (2.14)	$ (1.09)
Net loss per share, diluted	$ (2.14)	$ (1.09)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Weighted average number of shares outstanding, basic	9,587,113	7,243,345
Weighted average number of shares outstanding, diluted	9,587,113	7,243,345

CTGO Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS:
Cash	$ 7,618,414	$ 15,504,819
Restricted cash	233,501	232,572
Prepaid expenses and other	1,189,852	1,112,910
Total current assets	9,041,767	16,850,301
LONG-TERM ASSETS:
Investment in Peak Gold, LLC	43,374,152	28,064,405
Property & equipment, net	13,306,851	13,326,347
Commitment fee	436,333	350,575
Total long-term assets	57,117,336	41,741,327
TOTAL ASSETS	66,159,103	58,591,628
CURRENT LIABILITIES:
Accounts payable	420,850	250,739
Accrued liabilities	1,117,107	2,241,087
Derivative contract liability	9,494,487	2,679,784
Debt, current portion	21,700,000	7,900,000
Total current liabilities	32,732,444	13,071,610
NON-CURRENT LIABILITIES:
Advance royalty reimbursement	1,200,000	1,200,000
Asset retirement obligations	249,367	246,227
Contingent consideration liability	1,100,480	1,100,480
Derivative contract liability	29,548,624	20,737,997
Debt, net	35,378,008	36,779,859
Total non-current liabilities	67,476,479	60,064,563
TOTAL LIABILITIES	100,208,923	73,136,173
COMMITMENTS AND CONTINGENCIES (NOTE 12)
STOCKHOLDERS’ EQUITY/(DEFICIT):
Preferred Stock, 15,000,000 shares authorized
Common Stock, $0.01 par value, 45,000,000 shares authorized; 9,616,084 shares issued and 9,613,604 shares outstanding as of March 31, 2024; 9,454,233 shares issued and 9,451,753 shares outstanding as of December 31, 2023	96,160	94,542
Additional paid-in capital	125,441,413	124,451,067
Treasury stock at cost (2,480 at March 31, 2024; and 2,480 shares at December 31, 2023)	(48,308)	(48,308)
Accumulated deficit	(159,539,085)	(139,041,846)
TOTAL STOCKHOLDERS’ EQUITY/(DEFICIT)	(34,049,820)	(14,544,545)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY/(DEFICIT)	$ 66,159,103	$ 58,591,628

About Contango Ore, Inc.

Contango Ore, Inc., an exploration stage company, engages in the exploration of gold and associated minerals in the United States. It also explores for copper and silver deposits. The company, through its subsidiaries, leases approximately 675,000 acres from the Tetlin Tribal Council and holds approximately 13,000 State of Alaska mining claims for exploration and development; leases mineral rights approximately 8,600 acres of State of Alaska and patented mining claims for exploration from Alaska Hard Rock, Inc.; and owns 100% interest in the mineral rights to approximately 154,000 acres of State of Alaska mining claims for exploration located north and northwest of the Manh Choh Project. The company also holds interest in the Shamrock property that consists of 361 Alaska state mining claims covering approximately 52,700 acres; owns 100% interest in the Eagle/Hona property, which covers approximately 69,780 acres; and Triple Z property covering approximately 14,800 acres. Contango Ore, Inc. was founded in 2009 and is headquartered in Houston, Texas.

CEO	Mr. Rick Van Nieuwenhuyse M.Sc.
WEBSITE	contangoore.com
INDUSTRY	Metals and Mining
EMPLOYEES	11

Contango Ore, Inc. Frequently Asked Questions

What is the ticker symbol for Contango Ore, Inc.? What does CTGO stand for in stocks?

CTGO is the stock ticker symbol of Contango Ore, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Contango Ore, Inc. (CTGO)?

As of Fri May 17 2024, market cap of Contango Ore, Inc. is 205.24 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CTGO stock?

You can check CTGO's fair value in chart for subscribers.

What is the fair value of CTGO stock?

You can check CTGO's fair value in chart for subscribers. The fair value of Contango Ore, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Contango Ore, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CTGO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Contango Ore, Inc. a good stock to buy?

The fair value guage provides a quick view whether CTGO is over valued or under valued. Whether Contango Ore, Inc. is cheap or expensive depends on the assumptions which impact Contango Ore, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CTGO.

What is 5 year return on Contango Ore, Inc.'s stock?

In the past 10 years, Contango Ore, Inc. has provided 0.052 (multiply by 100 for percentage) rate of return.