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CTGO Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

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High
27.900
Open
27.250
VWAP
27.30
Vol
175.95K
Mkt Cap
455.35M
Low
26.930
Amount
4.80M
EV/EBITDA(TTM)
--
Total Shares
16.82M
EV
390.47M
EV/OCF(TTM)
7.77
P/S(TTM)
--
Contango ORE, Inc. is engaged in the exploration of gold and associated minerals in Alaska. The Company holds a 30% interest in the Peak Gold JV, which leases approximately 675,000 acres of land for exploration and development on the Manh Choh project, with the remaining 70% owned by KG Mining (Alaska), Inc., an indirect subsidiary of Kinross Gold Corporation, operator of the Peak Gold JV. It also has a lease on the Johnson Tract project from the underlying owner, CIRI Native Corporation, a lease on Lucky Shot project from the underlying owner, Alaska Hardrock Inc. and through its subsidiary has 100% ownership of approximately 8,600 acres of peripheral State of Alaska mining claims. It also owns a 100% interest in an additional approximately 145,000 acres of State of Alaska mining claims through its wholly owned subsidiary, which gives the Company an exclusive right to explore and develop minerals on these lands. The Company also owns Golden Zone and Amanita NE gold properties.
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Events Timeline

(ET)
2026-03-09
08:10:00
Contango Ore Receives Proxy Support for Merger with Dolly Varden
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2026-02-17 (ET)
2026-02-17
08:20:00
Contango Ore Updates Johnson Tract Permitting Progress
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2026-02-11 (ET)
2026-02-11
08:50:00
Contango Ore Prices Offering of 1,678,206 Shares, Raising Approximately $50M
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2025-12-08 (ET)
2025-12-08
07:50:00
Contango Ore and Dolly Varden Silver Enter Merger Agreement
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2025-12-08
07:40:00
Contango Ore and Dolly Varden Silver Announce Merger of Equals
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2025-12-02 (ET)
2025-12-02
16:40:00
Contango Ore's Johnson Tract Project Accepted into FAST-41 Program
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2025-10-02 (ET)
2025-10-02
08:08:34
Contango Ore Announces Peak Gold Joint Venture Production and $33 Million Cash Distribution
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2025-09-25 (ET)
2025-09-25
08:02:11
Contango Ore reveals $50 million common stock and warrant offering
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News

Yahoo Finance
8.5
03-03Yahoo Finance
Contango Ore Named Among Top Gold Stocks by Analysts
  • Significant Project Progress: Contango Ore has made substantial advancements in its underground drilling program at the Lucky Shot project in Alaska, with initial results confirming the continuity of the historically mined Lucky Shot vein, which is expected to enhance understanding of other veins and strengthen the company's competitive position in the gold market.
  • Successful Financing: On February 12, the company completed an underwritten offering of 1.67 million shares, raising $50 million in gross proceeds, with plans to allocate approximately $45 million for buying back gold hedge contracts and $700,000 for purchasing gold put contracts, thereby enhancing financial flexibility.
  • Future Planning: Contango Ore aims to deliver a feasibility study for the Lucky Shot project in H1 2027, further validating the geological model and advancing the commercialization process, demonstrating the company's confidence in future development.
  • Strategic Partnerships: Contango Ore holds a 30% interest in the Peak Gold Joint Venture, which is expected to commence production in 2024, indicating the company's potential and strategic positioning in Alaska's mining development.
Globenewswire
7.0
02-19Globenewswire
Investor Rights Law Firm Investigates Multiple Companies
  • Shareholder Rights Investigation: Halper Sadeh LLC is investigating RAPT Therapeutics, Inc.'s sale to GSK plc for $58.00 per share, raising concerns about potential violations of shareholder rights and encouraging shareholders to understand their options.
  • Merger Transaction Review: The merger between Contango ORE, Inc. and Dolly Varden Silver Corporation will result in Contango shareholders owning approximately 50% of the combined entity, prompting Halper Sadeh LLC to assess whether this transaction serves the best interests of shareholders.
  • Shareholder Equity Protection: Tamboran Resources Corporation's merger with Falcon Oil & Gas Ltd. will allow Tamboran shareholders to hold 73.2% of the combined company, with Halper Sadeh LLC urging shareholders to be aware of potential equity losses.
  • Legal Support Services: Amicus Therapeutics, Inc. is being sold to BioMarin Pharmaceutical Inc. for $14.50 per share, and Halper Sadeh LLC offers no-cost legal consultations to assist shareholders in protecting their rights.
Globenewswire
8.5
02-19Globenewswire
Monteverde Law Firm Investigates RAPT and Others for Shareholder Recovery
  • Shareholder Recovery Investigation: Monteverde & Associates is investigating RAPT Therapeutics, Inc.'s sale to GSK plc, with RAPT shareholders expected to receive $58.00 per share in cash, which could significantly enhance shareholder returns and bolster investor confidence.
  • Amicus Transaction Update: In the proposed sale of Amicus Therapeutics, Inc. to BioMarin Pharmaceutical Inc., Amicus shareholders are anticipated to receive $14.50 per share in cash, with a shareholder vote scheduled for March 3, 2026, potentially impacting the company's future market performance.
  • Merger Voting Arrangement: Tamboran Resources Corporation's merger with Falcon Oil & Gas Ltd. will result in Tamboran shareholders owning 73.2% of the combined entity, with a shareholder vote set for March 4, 2026, indicating the company's strategic positioning in industry consolidation.
  • Contango Merger Details: The merger between Contango Ore, Inc. and Dolly Varden Silver Corporation will allow Contango shareholders to own 50% of the combined company, with a shareholder vote scheduled for March 17, 2026, which may present new growth opportunities for shareholders.
Newsfilter
8.5
02-12Newsfilter
Contango ORE Closes $50 Million Stock Offering
  • Successful Stock Offering: Contango ORE has closed its underwritten offering of 1,678,206 shares at $24.96 each, attracting two institutional investors and generating approximately $50 million in gross proceeds, significantly strengthening the company's capital base.
  • Clear Use of Proceeds: The company intends to allocate about $45 million for repurchasing gold hedge contracts and $700,000 for purchasing gold put contracts for downside protection, a strategy that will help mitigate the impact of market volatility on its financials.
  • Strong Underwriting Team: Canaccord Genuity acted as the Sole Bookrunner for the offering, with Cantor, National Bank of Canada Capital Markets, and ATB Cormark Capital Markets serving as Co-Managers, reflecting strong market confidence and support for Contango.
  • Effective Registration Statement: The offering was made under an effective shelf registration statement on Form S-3 declared effective on November 27, 2024, ensuring compliance and transparency, which is likely to enhance investor confidence in the company's future prospects.
Newsfilter
8.5
02-12Newsfilter
Contango ORE to Host Financing Conference Call
  • Financing Conference Call: Contango ORE will host a conference call on February 12, 2026, to discuss recent financing aimed at reducing the company's hedge book, which is expected to enhance financial flexibility.
  • Project Investment Background: Contango holds a 30% interest in the Peak Gold project in Alaska, covering approximately 675,000 acres, which is anticipated to drive future mineral development and resource assessment.
  • Mining Risk Advisory: The company highlighted various risks associated with exploration and development in the mining industry, including geological uncertainties and volatility in natural resource prices, which could impact future production and costs.
  • Forward-Looking Statements: Contango emphasized that its forward-looking statements are based on current expectations and estimates, urging investors to exercise caution as actual results may differ due to various factors.
seekingalpha
8.5
02-11seekingalpha
Contango ORE Prices Stock Offering to Raise $50M
  • Stock Offering Pricing: Contango ORE has priced an underwritten stock offering at $24.96 per share, selling 1,678,206 shares to two institutional investors, alongside 325,000 pre-funded warrants at $24.95 each, which is expected to raise approximately $50 million in gross proceeds, indicating strong market confidence in the company's stock.
  • Use of Proceeds: The company plans to allocate around $45 million of the net proceeds to buy back gold hedge contracts and approximately $700,000 for purchasing gold put contracts for downside protection, a strategy aimed at enhancing financial stability and mitigating market volatility risks.
  • Closing Timeline: The offering is expected to close around February 12, 2026, subject to standard closing conditions, demonstrating the company's active engagement in capital markets and confidence in future growth prospects.
  • Market Reaction: Following the announcement, CTGO shares rose 2.9% in premarket trading to $28.0, reflecting investor optimism regarding the company's growth potential.
Wall Street analysts forecast CTGO stock price to rise
2 Analyst Rating
Wall Street analysts forecast CTGO stock price to rise
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
35.00
Averages
35.00
High
35.00
Current: 0.000
sliders
Low
35.00
Averages
35.00
High
35.00
Roth Capital
Buy
upgrade
$26 -> $35
AI Analysis
2025-09-30
Reason
Roth Capital
Price Target
$26 -> $35
AI Analysis
2025-09-30
upgrade
Buy
Reason
Roth Capital raised the firm's price target on Contango Ore to $35 from $26 and keeps a Buy rating on the shares. The firm says Contango Ore continues to receive its share of gold production from the Manh Choh project that is processed at the Fort Knox mill complex. It has used cash flow from production to reduce its hedge book and outstanding debt and should soon benefit fully from higher gold prices. Contango Ore has also completed a financing to bring its Lucky Shot project to production and complete development of its Johnson Tract project, Roth adds.
Roth Capital
NULL -> Buy
upgrade
$22 -> $26
2025-05-30
Reason
Roth Capital
Price Target
$22 -> $26
2025-05-30
upgrade
NULL -> Buy
Reason
Roth Capital raised the firm's price target on Contango Ore to $26 from $22 and keeps a Buy rating on the shares. The company's Q1 results show improving gold production from the Manh Choh project, and it is using cash flow to reduce debt and hedge contracts, the analyst tells investors in a research note. This is Contango's primary focus in 2025, with the potential to fund exploration drilling at its Lucky Shot project and maintain its schedule for permitting and developing Johnson Tract, the firm added.
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Valuation Metrics

The current forward P/E ratio for Contango ORE Inc (CTGO.A) is 5.95, compared to its 5-year average forward P/E of 2.90. For a more detailed relative valuation and DCF analysis to assess Contango ORE Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
2.90
Current PE
5.95
Overvalued PE
15.90
Undervalued PE
-10.10

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
1.15
Current EV/EBITDA
4.69
Overvalued EV/EBITDA
8.38
Undervalued EV/EBITDA
-6.08

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
1.78
Current PS
0.00
Overvalued PS
6.63
Undervalued PS
-3.07

Financials

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Frequently Asked Questions

What is Contango ORE Inc (CTGO) stock price today?

The current price of CTGO is 27.07 USD — it has increased 2.04

What is Contango ORE Inc (CTGO)'s business?

Contango ORE, Inc. is engaged in the exploration of gold and associated minerals in Alaska. The Company holds a 30% interest in the Peak Gold JV, which leases approximately 675,000 acres of land for exploration and development on the Manh Choh project, with the remaining 70% owned by KG Mining (Alaska), Inc., an indirect subsidiary of Kinross Gold Corporation, operator of the Peak Gold JV. It also has a lease on the Johnson Tract project from the underlying owner, CIRI Native Corporation, a lease on Lucky Shot project from the underlying owner, Alaska Hardrock Inc. and through its subsidiary has 100% ownership of approximately 8,600 acres of peripheral State of Alaska mining claims. It also owns a 100% interest in an additional approximately 145,000 acres of State of Alaska mining claims through its wholly owned subsidiary, which gives the Company an exclusive right to explore and develop minerals on these lands. The Company also owns Golden Zone and Amanita NE gold properties.

What is the price predicton of CTGO Stock?

Wall Street analysts forecast CTGO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CTGO is35.00 USD with a low forecast of 35.00 USD and a high forecast of 35.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Contango ORE Inc (CTGO)'s revenue for the last quarter?

Contango ORE Inc revenue for the last quarter amounts to -4.57M USD, decreased -21.00

What is Contango ORE Inc (CTGO)'s earnings per share (EPS) for the last quarter?

Contango ORE Inc. EPS for the last quarter amounts to 23262487.00 USD, increased 33.24

How many employees does Contango ORE Inc (CTGO). have?

Contango ORE Inc (CTGO) has 12 emplpoyees as of March 11 2026.

What is Contango ORE Inc (CTGO) market cap?

Today CTGO has the market capitalization of 455.35M USD.