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

19.48USD-2.09 (-9.69%)Market Closed

Market Summary

USD19.48-2.09

Market Closed

-9.69%

CTGO Alerts

1 major insider sales recently.

CTGO Stock Price

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CTGO RSI Chart

CTGO Valuation

Market Cap

187.5M

Price/Earnings (Trailing)

-3.17

EV/EBITDA

-5.17

Price/Free Cashflow

-13.82

MarketCap/EBT

-5.07

CTGO Price/Earnings (Trailing)

CTGO Profitability

Return on Equity

406.39%

Return on Assets

-100.88%

Free Cashflow Yield

-7.24%

CTGO Fundamentals

CTGO Earnings

Earnings (TTM)

-59.1M

Earnings Growth (Yr)

-93.01%

Earnings Growth (Qtr)

-110.03%

Breaking Down CTGO Revenue

Last 7 days

-4.8%

Last 30 days

3.6%

Last 90 days

16.7%

Trailing 12 Months

-33.9%

How does CTGO drawdown profile look like?

CTGO Financial Health

Current Ratio

1.29

Debt/Equity

-2.53

Debt/Cashflow

-0.37

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 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Apr 25, 2024	Bank of New York Mellon Corp	added	18.62	99,381	430,468	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-70.28	-5,000	3,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	new	-	84,465	84,465	-%
Apr 09, 2024	MATHER GROUP, LLC.	new	-	28,071	28,071	-%
Apr 05, 2024	CWM, LLC	new	-	-	-	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	new	-	580	580	-%
Mar 11, 2024	VANGUARD GROUP INC	reduced	-54.93	-3,578,430	2,926,810	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	added	97.00	34,459	70,104	-%
Feb 15, 2024	BARCLAYS PLC	new	-	196,000	196,000	-%

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

CTGO Alerts

1 major insider sales recently.

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
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
Apr 05, 2024	144	Notice of Insider Sale Intent
Apr 05, 2024	144	Notice of Insider Sale Intent
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 28, 2024	144	Notice of Insider Sale Intent

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	87.4B	9.7B	4.85%	48.45%	37.06	9	-3.73%	-11.90%
FCX	70.0B	22.9B	0.83%	34.27%	18.65	3.06	0.33%	-16.25%
NEM	47.3B	13.2B	11.58%	-13.56%	-17.7	3.6	13.70%	-408.56%
NUE	41.1B	34.7B	-14.01%	16.68%	9.08	1.18	-16.38%	-40.52%
RS	16.7B	14.5B	-12.68%	18.03%	13.26	1.15	-12.23%	-26.09%
CLF	8.2B	21.9B	-22.74%	15.19%	18.73	0.38	-1.92%	-15.58%
MID-CAP
CMC	6.5B	8.4B	-3.24%	26.06%	9.6	0.78	-8.32%	-10.17%
AA	6.5B	10.5B	0.87%	2.66%	-9.48	0.62	-11.40%	15.25%
HL	3.0B	720.2M	-5.17%	-19.61%	-35.41	4.14	0.18%	-125.49%
MTRN	2.3B	1.6B	-11.28%	-7.07%	27.24	1.42	-8.15%	-14.39%
SMALL-CAP
CDE	1.9B	847.0M	14.63%	39.77%	-17.65	2.25	7.96%	2.02%
CENX	1.5B	2.1B	0.31%	100.99%	6.23	0.71	-17.61%	444.18%
CMP	524.2M	1.2B	-13.44%	-60.37%	-8.97	0.44	-5.61%	-206.82%
AUMN	7.1M	12.0M	2.08%	-91.09%	-0.77	0.59	-48.46%	6.84%
GLG	989.3K	134.6M	-	-93.63%	-1.37	0.01	-14.16%	-115.91%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	6.8%	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	11.00
Current Assets	-16.1%	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	11.00
Cash Equivalents	-16.2%	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	10.00
Net PPE	-0.2%	13.00	13.00	13.00	13.00	13.00	13.00	14.00	14.00	14.00	14.00	0.00	-	-	-	-	-	-	-	-	-	-
Liabilities	66.9%	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	161.4%	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	0.00
Long Term Debt	11.9%	37.00	33.00	25.00	19.00	19.00	19.00	19.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Current	295.0%	8.00	2.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	11.9%	37.00	33.00	25.00	19.00	19.00	19.00	19.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-231.7%	-14.54	11.00	-4.77	-	-	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	10.00
Retained Earnings	-24.8%	-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	-46.07
Additional Paid-In Capital	1.7%	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	56.00
Shares Outstanding	0.6%	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	-	-	-	53.00

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-65.5%	-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	-406
Share Based Compensation	19.3%	883	740	725	608	811	788	818	898	1,256	1,022	1,007	984	1,010	892	883	862	883	740	732	725	786
Cashflow From Investing	72.8%	-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	-840
Cashflow From Financing	-72.7%	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

2023-12-31

Consolidated Statements of Operations - USD ($)	6 Months Ended	12 Months Ended
Consolidated Statements of Operations - USD ($)	Dec. 31, 2023	Jun. 30, 2023	Jun. 30, 2022
EXPENSES:
Claim rental expense	$ (255,121)	$ (526,279)	$ (621,298)
Exploration expense	(1,815,822)	(7,878,863)	(8,517,938)
Depreciation expense	(52,620)	(136,501)	(55,740)
Accretion expense	(6,284)	(11,860)	(9,156)
Impairment from loss, net of recovery	0	(7,111)	(92,777)
General and administrative expense	(6,752,910)	(9,091,127)	(10,336,378)
Total expenses	(8,882,757)	(17,651,741)	(19,633,287)
OTHER INCOME/(EXPENSE):
Interest income	68,662	29,651	1,503
Interest expense	(2,358,920)	(1,959,666)	(330,047)
Loss from equity investment in Peak Gold, LLC (NOTE 10)	(6,315,595)	(21,120,000)	(3,706,000)
Unrealized loss on derivative contracts	(23,417,781)	0	0
Other income	140,083	622,155	41,450
Insurance recoveries	0	338,301	0
Total other expense	(31,883,551)	(22,089,559)	(3,993,094)
LOSS BEFORE INCOME TAXES	(40,766,308)	(39,741,300)	(23,626,381)
Income tax benefit	0	0	119,731
NET LOSS	$ (40,766,308)	$ (39,741,300)	$ (23,506,650)
NET LOSS PER SHARE
Net loss per share, basic	$ (4.44)	$ (5.61)	$ (3.49)
Net loss per share, diluted	$ (4.44)	$ (5.61)	$ (3.49)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Weighted average number of shares outstanding, basic	9,180,032	7,087,027	6,734,444
Weighted average number of shares outstanding, diluted	9,180,032	7,087,027	6,734,444

CTGO Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Jun. 30, 2023	Jun. 30, 2022
CURRENT ASSETS:
Cash	$ 15,504,819	$ 11,646,194	$ 23,095,101
Restricted cash	232,572	231,000	231,000
Prepaid expenses and other	1,112,910	413,907	453,353
Total current assets	16,850,301	12,291,101	23,779,454
LONG-TERM ASSETS:
Investment in Peak Gold, LLC (NOTE 10)	28,064,405	0	0
Property & equipment, net	13,326,347	13,371,638	13,514,531
Commitment fee	350,575	0	0
Total long-term assets	41,741,327	13,371,638	13,514,531
TOTAL ASSETS	58,591,628	25,662,739	37,293,985
CURRENT LIABILITIES:
Accounts payable	250,739	220,755	633,856
Accrued liabilities	2,241,087	2,077,870	870,981
Derivative Liability - current	2,679,784	0	0
Debt, current portion	7,900,000	0	0
Total current liabilities	13,071,610	2,298,625	1,504,837
NON-CURRENT LIABILITIES:
Advance royalty reimbursement	1,200,000	1,200,000	1,200,000
Asset retirement obligations	246,227	239,942	228,082
Contingent consideration liability	1,100,480	1,240,563	1,847,063
Derivative Liability - noncurrent	20,737,997	0	0
Debt, net	36,779,859	25,457,047	19,239,960
Total non-current liabilities	60,064,563	28,137,552	22,515,105
TOTAL LIABILITIES	73,136,173	30,436,177	24,019,942
COMMITMENTS AND CONTINGENCIES (NOTE 12)
STOCKHOLDERS' EQUITY (DEFICIT):
Preferred Stock, 15,000,000 shares authorized	0	0	0
Common Stock, $0.01 par value, 45,000,000 shares authorized; 9,454,233 shares issued and 9,451,753 shares outstanding as of December 31, 2023; 7,781,690 shares issued and outstanding as of June 30, 2023; 6,860,420 shares issued and 6,769,923 shares outstanding at June 30, 2022	94,542	77,817	68,604
Additional paid-in capital	124,451,067	93,424,283	74,057,859
Treasury stock at cost (2,480 at December 31, 2023, 0 at June 30, 2023; and 90,497 shares at June 30, 2022)	(48,308)	0	(2,318,182)
Accumulated deficit	(139,041,846)	(98,275,538)	(58,534,238)
STOCKHOLDERS’ EQUITY (DEFICIT)	(14,544,545)	(4,773,438)	13,274,043
TOTAL LIABILITIES AND MEMBERS’ EQUITY	$ 58,591,628	$ 25,662,739	$ 37,293,985

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 Thu May 02 2024, market cap of Contango Ore, Inc. is 187.53 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.