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Contango ORE (CTGO)
NYSE MKT:CTGO
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CTGO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.03 - $25.32
Previous Close$19.22
Volume19.64K
Average Volume (3M)78.67K
Market Cap
$229.28M
Enterprise Value$248.84M
Total Cash (Recent Filing)$11.65M
Total Debt (Recent Filing)$25.46M
Price to Earnings (P/E)―
Beta1.13
Next Earnings
Nov 14, 2024EPS Estimate
$1.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.23
Shares Outstanding12,228,479
10 Day Avg. Volume76,434
30 Day Avg. Volume78,670
Standard Deviation0.15
R-Squared0.04
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-48.26
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-53.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-375.45
Enterprise Value/Ebitda-9.03
Forecast
1Y Price Target
$36.50Price Target Upside94.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Contango ORE News
PremiumCompany Announcements
Contango ORE Advances with Promising Alaska Drill Results
PremiumCompany Announcements
Contango ORE Hits Milestone with Gold Production Start
PremiumCompany Announcements
Contango ORE Announces $12 Million Cash Distribution
PremiumCompany Announcements
Contango ORE Strengthens Leadership and Secures Cash Distribution
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCTGO reported free cash flow above forecast due to working capital changes and less capital expenditures.
Gold ProductionCTGO reiterated guidance for its share of gold production from the Manh Choh gold mine in Alaska.
Growth ProspectsThe Buy rating is maintained based on growing gold production and a consistent strategy to develop gold projects in Alaska.
Bears Say
Debt LevelsCTGO ended 2Q24 with $74.6M in debt, which is a significant amount compared to its cash holdings.
Financial PerformanceCTGO's EBITDA was lower than expected due to higher exploration expenses.
Operational ConstraintsCTGO's credit facility requires CTGO to hedge 125,000 ounces of gold production.
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Ownership Overview
12.92% Insiders
6.67% Mutual Funds
7.80% Other Institutional Investors
65.62% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CTGO FAQ
What was Contango ORE’s price range in the past 12 months?
Contango ORE lowest stock price was $14.03 and its highest was $25.32 in the past 12 months.
What is Contango ORE’s market cap?
Currently, no data Available
When is Contango ORE’s upcoming earnings report date?
Contango ORE’s upcoming earnings report date is Nov 14, 2024 which is 9 days ago.
How were Contango ORE’s earnings last quarter?
Contango ORE released its earnings results on Aug 13, 2024. The company reported -$1.9 earnings per share for the quarter, missing the consensus estimate of -$1 by -$0.9.
Is Contango ORE overvalued?
According to Wall Street analysts Contango ORE’s price is currently Undervalued.
Does Contango ORE pay dividends?
Contango ORE does not currently pay dividends.
What is Contango ORE’s EPS estimate?
Contango ORE’s EPS estimate is $1.08.
How many shares outstanding does Contango ORE have?
Contango ORE has 12,228,479 shares outstanding.
What happened to Contango ORE’s price movement after its last earnings report?
Contango ORE reported an EPS of -$1.9 in its last earnings report, missing expectations of -$1. Following the earnings report the stock price went down -0.832%.
Which hedge fund is a major shareholder of Contango ORE?
Among the largest hedge funds holding Contango ORE’s share is Raffles Associates Lp. It holds Contango ORE’s shares valued at 235K.
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Contango ORE Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$36.50 (94.67% Upside)
$36.50 (94.67% Upside)
Blogger Sentiment
Bullish
CTGO Sentiment 100%
Sector Average 70%
Sector Average 70%
Insider Transactions
Sold Shares
Worth $253.3K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-16.06%
12-Months-Change
Fundamentals
Return on Equity
-9999.00%
Trailing 12-Months
Asset Growth
188.63%
Trailing 12-Months
Company Description
Contango ORE
Contango ORE, Inc. engages in the exploration of gold, associated minerals, and rare earth elements. It includes geological surveying, geochemical sampling, geophysical surveying, geochemical evaluation for rare earth elements, and electromagnetic exploration in order to determine the existence and location of rare earth elements. The company was founded by John Brad Juneau and Kenneth R. Peak on September 1, 2010 and is headquartered in Houston, TX.
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CTGO Stock 12 Month Forecast
Average Price Target
$36.50
▲(94.67% Upside)
Technical Analysis
Best Analysts Covering CTGO
1 Year
1 Year Success Rate
4/7 ratings generated profit
1 Year Average Return
-3.23%
reiterated a buy rating last month
Copying Mike Niehuser's trades and holding each position for 1 Year would result in 57.14% of your transactions generating a profit, with an average return of -3.23% per trade.
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