The earnings call highlights significant financial improvements, strong cash flow, and effective hedging and debt management strategies. However, operational and legal challenges persist, particularly concerning capital expenditures and ongoing legal issues. Despite these challenges, the overall sentiment is positive due to the strong financial turnaround and strategic management.

Company Guidance

In the recent call, Contango Ore provided detailed guidance on their financial and operational performance for the second quarter of fiscal year 2025. The company reported operating earnings of $23 million and a net income of $16 million, marking a significant turnaround from a $3.1 million operating loss and an $18.5 million net loss in the same quarter last year. Their cash costs for the quarter were $1,416, with a year-to-date cost of $1,375, while the all-in sustaining costs were $1,548 for the quarter and $1,462 year-to-date. Contango Ore is focused on reducing debt, with $29 million already paid down, and plans to end the year with approximately $15 million in debt. They also discussed operational consistency at the Manh Choh project, with gold processed at a steady grade of 0.23 ounces per ton. The company anticipates a steady path forward with ongoing ore processing at Fort Knox and plans for underground development at Johnson Tract and Lucky Shot projects, as they aim to maintain and improve their financial standing.

Significant Turnaround in Financial Performance

Contango Ore reported operating earnings of $23 million and net income of $16 million, a significant improvement from last year's $3.1 million operating loss and $18.5 million net loss.

Cash Flow Improvements

Generated $36.9 million in operating cash flow for the first half of the year compared to $6.9 million last year. $30 million in Q2 distributions from Peak Gold, $54 million year-to-date.

Successful Gold Production and Recovery Rates

The company averaged 92-93% recovery rates for gold production, maintaining a 2:1 oxide to sulfide ore ratio.

Hedge and Debt Management

Reduced the hedge book from 74,800 to 62,900 ounces and paid down $29 million in debt, bringing it to $23 million with plans to reduce it further to $15 million by year-end.

Contango ORE (CTGO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CTGO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 06, 2026	2026 (Q2)	- / -	1.36	―	―	―
Aug 13, 2025	2025 (Q2)	-0.03 / 1.24	-1.9	165.26% (+3.14)
May 14, 2025	2025 (Q1)	-0.11 / -1.86	-2.14	13.08% (+0.28)
Mar 17, 2025	2024 (Q4)	-0.23 / 1.36	―	―	―
Nov 14, 2024	2024 (Q3)	1.08 / -0.81	-1.472	44.97% (+0.66)	―
Aug 13, 2024	2024 (Q2)	-1.00 / -1.90	-1.38	-37.68% (-0.52)	―	―
Sep 13, 2023	2023 (Q4)	-1.04 / -1.38	-1.07	-28.97% (-0.31)	―	―
May 11, 2022	2022 (Q3)	- / -1.01	-0.733	-38.06% (-0.28)	―	―
Feb 14, 2022	2022 (Q2)	- / -0.72	-0.532	-35.71% (-0.19)	―	―
Aug 31, 2021	2021 (Q4)	- / -0.30	-0.389	23.91% (+0.09)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CTGO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 13, 2025	$21.69	$22.08	+1.80%
May 14, 2025	$12.85	$15.00	+16.73%
Mar 17, 2025	$9.49	$10.66	+12.33%
Nov 14, 2024	$18.02	$17.87	-0.83%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Contango ORE (CTGO) report earnings?

Contango ORE (CTGO) is schdueled to report earning on Feb 06, 2026, TBA (Confirmed).

What is Contango ORE (CTGO) earnings time?

Contango ORE (CTGO) earnings time is at Feb 06, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CTGO EPS forecast?

Currently, no data Available

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing