Contango ORE (CTGO) has disclosed a new risk, in the Corporate Activity and Growth category.
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Contango ORE faces execution risk in realizing the anticipated benefits from the Dolly Varden arrangement, as successful integration of operations, culture, and personnel, along with managing a broader, silver-focused asset base in British Columbia, may prove challenging. Failure to achieve expected synergies, cost savings, and partner retention, combined with the diversion of management attention, could materially weaken its business, financial condition, and operating results while also diluting existing shareholders’ ownership and voting influence in the newly formed Contango Silver & Gold Inc.
The average CTGO stock price target is $46.00, implying 102.38% upside potential.
To learn more about Contango ORE’s risk factors, click here.