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Contango ORE Announces Merger with Dolly Varden Silver

Story Highlights
  • Contango ORE, Inc. announced a merger with Dolly Varden Silver Corporation on December 7, 2025.
  • The merger aims to create a North American-focused silver and gold producer with balanced assets and enhanced market presence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Contango ORE Announces Merger with Dolly Varden Silver

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An announcement from Contango ORE ( (CTGO) ) is now available.

On December 7, 2025, Contango ORE, Inc. announced a merger agreement with Dolly Varden Silver Corporation to form a new entity, Contango Silver & Gold Inc. This merger aims to create a North American-focused silver and gold producer with a balanced portfolio of assets ranging from exploration to production stages. The transaction is expected to close in the first quarter of 2026, with shareholders of both companies holding equal stakes in the new entity. The merger is strategically positioned to leverage the high-grade Manh Choh gold mine for funding future developments and is anticipated to enhance the combined company’s market presence and shareholder value.

The most recent analyst rating on (CTGO) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Contango ORE stock, see the CTGO Stock Forecast page.

Spark’s Take on CTGO Stock

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

Contango ORE’s overall stock score reflects a company in transition. While technical indicators suggest positive momentum, financial performance remains weak due to high leverage and lack of profitability. Earnings call highlights show potential for improvement, but valuation concerns persist, balancing the outlook.

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

More about Contango ORE

Contango ORE, Inc. is involved in the mining industry, focusing on high-grade silver and gold production and development. The company is engaged in projects such as the Manh Choh gold mine in Alaska and several silver and gold projects in British Columbia and Alaska, including the Kitsault Valley and Johnson Tract projects.

Average Trading Volume: 134,637

Technical Sentiment Signal: Buy

Current Market Cap: $413.3M

Find detailed analytics on CTGO stock on TipRanks’ Stock Analysis page.

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