CTGO

Contango ORE Inc

Add to Watchlist

Advanced Chart

23.170

-0.85(-3.539%)1D

Line

Candle

YTD

High

24.025

Open

24.000

VWAP

23.46

Vol

80.83K

Mkt Cap

346.68M

Low

23.160

Amount

1.90M

EV/EBITDA(TTM)

Total Shares

10.36M

358.77M

EV/OCF(TTM)

8.06

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q3

-0.130

-108.14%

Estimates Revision

The market is revising No Change the revenue expectations for Contango Ore, Inc. (CTGO) for FY2025, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by 4.94%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Up

+4.94%

In Past 3 Month

2 Analyst Rating

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 is 35.00 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.

2 Buy

0 Hold

0 Sell

Moderate Buy

Current: 23.170

Low

35.00

Averages

35.00

High

35.00

Current: 23.170

Low

35.00

Averages

35.00

High

35.00

Roth Capital

Buy

upgrade

$26 -> $35

2025-09-30

Reason

Roth Capital

Price Target

$26 -> $35

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.

Roth Capital

Buy

maintain

$22 -> $26

2025-05-29

Reason

Roth Capital

Price Target

$22 -> $26

2025-05-29

maintain

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 firm notes that the company's financial results in Q1 show improving gold production from the Manh Choh project. It is using cash flow to reduce debt and hedge contracts. 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. With a potential pit expansion at Manh Choh, due to exploration and a lower cutoff rate, Contango perceives a longer mine life with additional cash flow, Roth adds.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Contango ORE Inc (CTGO.A) is 10.12, compared to its 5-year average forward P/E of 2.83. For a more detailed relative valuation and DCF analysis to assess Contango ORE Inc 's fair value, click here.

Forward PE
Forward EV/EBITDA
Forward PS

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.

N/A

5Y Average PE

2.83

Current PE

10.12

Overvalued PE

15.89

Undervalued PE

-10.24

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.

N/A

5Y Average EV/EBITDA

0.91

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

8.16

Undervalued EV/EBITDA

-6.34

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.

N/A

5Y Average PS

2.05

Current PS

23.17

Overvalued PS

7.38

Undervalued PS

-3.28