Contango ORE Advocates for Alaskan Economy in DC

The latest update is out from Contango ORE ( (CTGO) ).

On April 30, 2025, Contango ORE, Inc. announced its participation in the ‘Alaska On The Hill’ event in Washington DC, advocating for the Alaskan economy and discussing its mining projects. The company is on track to produce 60,000 ounces of gold from the Manh Choh mine in 2025 and plans to release its Johnson Tract PEA and Q1-2025 financials soon, highlighting a promising period for mining in Alaska.

Spark’s Take on CTGO Stock

According to Spark, TipRanks’ AI Analyst, CTGO is a Neutral.

Contango ORE’s stock score reflects the company’s challenging financial performance, characterized by high leverage and ongoing losses typical of its development stage in the mining industry. However, strong technical momentum and positive outcomes from recent earnings calls and corporate events suggest potential for future growth and stabilization. Valuation concerns persist due to the lack of profitability.

To see Spark’s full report on CTGO stock, click here.

More about Contango ORE

Contango ORE, Inc. is a NYSE American listed company engaged in the exploration of gold and associated minerals in Alaska. The company holds a 30% interest in the Peak Gold JV, which explores and develops the Manh Choh project, with the remaining 70% owned by KG Mining, a subsidiary of Kinross Gold Corporation. Contango also has leases on the Johnson Tract and Lucky Shot projects, and owns significant mining claims in Alaska.

YTD Price Performance: 33.93%

Average Trading Volume: 126,397

Technical Sentiment Signal: Buy

Current Market Cap: $174.1M

For detailed information about CTGO stock, go to TipRanks’ Stock Analysis page.