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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$18.82
Volume102.74K
Average Volume (3M)71.28K
Market Cap
$230.05M
Enterprise Value$243.86M
Total Cash (Recent Filing)$11.65M
Total Debt (Recent Filing)$25.46M
Price to Earnings (P/E)―
Beta0.84
Next Earnings
Aug 13, 2024EPS Estimate
-$1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.89
Shares Outstanding12,145,408
10 Day Avg. Volume73,870
30 Day Avg. Volume71,276
Standard Deviation0.15
R-Squared0.04
Alpha0.00757
Financial Highlights & Ratios
Price to Book (P/B)-49.03
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-55.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-367.94
Enterprise Value/Ebitda-8.74
Forecast
1Y Price Target
$36.50Price Target Upside93.94% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Contango ORE News
PremiumCompany Announcements
Contango ORE Strengthens Leadership and Secures Cash Distribution
PremiumCompany Announcements
Contango ORE Launches Gold Production, Expects Strong Financials
PremiumCompany Announcements
Contango ORE Signals Growth with Manh Choh Mine Results
PremiumCompany Announcements
Contango ORE Targets Major Alaska Gold Mining Status
Bulls Say, Bears Say
Bulls Say
AcquisitionsCTGO's decision to buy two mining companies suggests good progress with the Manh Choh gold mine in Alaska and visibility into the amount of future production and revenue.
Cash FlowManagement introduced guidance for Manh Choh to generate greater than $50M in free cash flow per year.
RevenueFirst month of revenue from Manh Choh significantly exceeds forecast.
Bears Say
Financial PerformanceCTGO reported a cash burn of $19.9M, wider than the $14.9M forecast.
Hedging RequirementCTGO's credit facility requires CTGO to hedge 125,000 ounces of gold production.
Market LimitationHedges related to the credit facility limit CTGO's near-term upside to gold prices.
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Ownership Overview
15.22% Insiders
5.29% Mutual Funds
11.32% Other Institutional Investors
68.17% 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 Aug 13, 2024 which is 38 days ago.
How were Contango ORE’s earnings last quarter?
Contango ORE released its earnings results on Sep 13, 2023. The company reported -$1.38 earnings per share for the quarter, missing the consensus estimate of -$1.04 by -$0.34.
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.
How many shares outstanding does Contango ORE have?
Contango ORE has 12,223,758 shares outstanding.
What happened to Contango ORE’s price movement after its last earnings report?
Contango ORE reported an EPS of -$1.38 in its last earnings report, missing expectations of -$1.04. Following the earnings report the stock price went down -4.511%.
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 221K.
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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 (93.94% Upside)
$36.50 (93.94% 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
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-5.14%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
302.57%
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
▲(93.94% Upside)
Technical Analysis
Best Analysts Covering CTGO
1 Year
1 Year Success Rate
4/6 ratings generated profit
1 Year Average Return
-2.80%
reiterated a buy rating last month
Copying Mike Niehuser's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of -2.80% per trade.
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