CTGO Stock Analysis: Contango ORE | NYSE MKT

Gold | NYSE MKT, USA | Market Cap: 529m USD | 12M Return: -17.3% | Charts, Fundamentals & Technical Analysis

Gold, Silver, Minerals, Mining
Total Rating 19
Safety 60
Buy Signal -0.62
Gold
Industry Rotation: +9.7
Market Cap: 529M
Avg Turnover: 9.87M
Risk 3d forecast
Volatility70.1%
VaR 5th Pctl11.4%
VaR vs Median-0.91%
Reward TTM
Sharpe Ratio-0.10
Rel. Str. IBD3
Rel. Str. Peer Group13.3
Character TTM
Beta1.279
Beta Downside1.337
Hurst Exponent0.607
Drawdowns 3y
Max DD66.91%
CAGR/Max DD-0.23
CAGR/Mean DD-0.50
EPS (Earnings per Share) EPS (Earnings per Share) of CTGO over the last years for every Quarter: "2021-06": -0.3, "2021-09": -0.68, "2021-12": -0.72, "2022-03": -1.01, "2022-06": -1.07, "2022-09": -1.05, "2022-12": -2.1, "2023-03": -1.09, "2023-06": -1.38, "2023-09": -1.47, "2023-12": -1.47, "2024-03": -0.51, "2024-06": -0.61, "2024-09": 1.6, "2024-12": 1.18, "2025-03": 1.4915, "2025-06": 1.73, "2025-09": 1.88, "2025-12": -1.6083, "2026-03": 0.27,
Last SUE: -0.52
Qual. Beats: 0
Revenue Revenue of CTGO over the last years for every Quarter: 2021-06: 0, 2021-09: 0, 2021-12: 0, 2022-03: 0, 2022-06: 0, 2022-09: 0, 2022-12: 0, 2023-03: 0, 2023-06: 0, 2023-09: 0, 2023-12: 0, 2024-03: 0, 2024-06: 0, 2024-09: 0, 2024-12: 0, 2025-03: 0, 2025-06: 0, 2025-09: 0, 2025-12: 0, 2026-03: 0,
Last SUE: 0.00
Qual. Beats: 0

Warnings

Strong Share Dilution
Interest Coverage Ratio Critical
Altman Z'' In Financial Distress Zone
Below Avwap Earnings
Below Sma 200d

Tailwinds

Confidence

Seasonality 10.4 years of data

Jan -0.6% 2
Feb -0.8% 2
Mar +1.2% 5
Apr +7.7% 67
May -5.1% 15
Jun -4.1% 29
Jul -3.4% 23
Aug +0.5% 5
Sep +0.8% 11
Oct -3.4% 22
Nov -3.6% 6
Dec -1.0% 24

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: CTGO Contango ORE

Contango Silver & Gold Inc. (NYSE MKT: CTGO) is a U.S.-based precious metals mining company that engages in the exploration, development, and production of gold and associated minerals. The company was founded in 2009 and is headquartered in Fairbanks, Alaska. It was formerly known as Contango Ore, Inc. before rebranding to Contango Silver & Gold Inc. in March 2026.

The companys primary assets are located in Alaska and the Golden Triangle region of British Columbia, Canada, both of which are well-known mining jurisdictions with significant gold and silver endowment. Its focus is on exploring for and advancing gold and silver deposits, consistent with its classification within the Materials sector and the Diversified Metals & Mining sub-industry.

As a small-cap mining issuer, CTGO operates with a single-commodity precious metals focus, targeting discovery and resource development rather than diversified base metals production. The companys business model is typical of junior exploration-stage miners, where near-term revenue is generally limited and value is driven by exploration success, resource delineation, and the ability to advance projects toward development or partnerships with producing miners.

Headlines to Watch Out For
  • Gold price rally lifts Manh Choh project margins and cash flow
  • Manh Choh production ramp with Kinross drives first sustained revenue
  • Equity dilution funds aggressive Golden Triangle exploration drilling
Piotroski VR-10 (Strict) 0.5
Net Income: error (cannot be calculated; needs Net Income TTM and Revenue TTM)
FCF/TA: -0.11 > 0.02 and ΔFCF/TA -33.45 > 1.0
NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA -0.11 > 3% & CFO -52.4m > Net Income -27.8m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.27 > 1.5 & < 3
Outstanding Shares: last quarter (17.2m) vs 12m ago 43.44% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 0.0% > 50% (prev 0.0%; Δ 0.0% > 0%)
Interest Coverage Ratio: -3.82 > 6 (EBIT TTM -22.0m / Interest Expense TTM 5.77m)
Altman Z'' 0.27
A: 0.04 (Total Current Assets 102.1m - Total Current Liabilities 80.2m) / Total Assets 496.2m
B: -0.46 (Retained Earnings -227.5m / Total Assets 496.2m)
C: -0.07 (EBIT TTM -22.0m / Avg Total Assets 321.8m)
D: 1.84 (Book Value of Equity 321.5m / Total Liabilities 174.7m)
Altman-Z'' = 0.27 = B
What is the price of CTGO shares?

As of July 14, 2026, the stock is trading at USD 16.25 with a total of 311,199 shares traded. Over the past week, the price has changed by -5.47%, over one month by -5.14%, over three months by -32.60% and over the past year by -17.34%.

Current recommended Stop Loss: 14.00 (which is 13.8% or 2 ATR below the current price).

Is CTGO a buy, sell or hold?

Contango ORE has received a consensus analysts rating of 4.20. Therefore, it is recommended to buy CTGO.

  • StrongBuy: 1
  • Buy: 4
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the CTGO price?
Analysts Target Price 38.3 135.9%
Contango ORE (CTGO) - Fundamental Data Overview as of 08 July 2026
Market Cap USD = 529.0m (529.0m USD * 1.0 USD.USD)
P/E Forward = 2.061
P/B = 1.649
Revenue TTM = 0.0 USD
EBIT TTM = -22.0m USD
EBITDA TTM = -21.9m USD
Long Term Debt = 21.0m USD (from longTermDebt, last quarter)
Short Term Debt = 12.0m USD (from shortTermDebt, last quarter)
Debt = 33.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -64.5m USD (calculated: Debt 33.0m - CCE 97.5m)
Enterprise Value = 464.5m USD (529.0m + Debt 33.0m - CCE 97.5m)
Interest Coverage Ratio = -3.82 (Ebit TTM -22.0m / Interest Expense TTM 5.77m)
EV/FCF = -8.83x (Enterprise Value 464.5m / FCF TTM -52.6m)
FCF Yield = -11.32% (FCF TTM -52.6m / Enterprise Value 464.5m)
 FCF Margin = unknown (Revenue TTM is 0 or missing)
 Net Margin = unknown
 Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 630k) / Revenue TTM)
 Tobins Q-Ratio = 0.94 (Enterprise Value 464.5m / Total Assets 496.2m)
Interest Expense / Debt = 17.50% (Interest Expense 5.77m / Debt 33.0m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -17.4m (EBIT -22.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.27 (Total Current Assets 102.1m / Total Current Liabilities 80.2m)
Debt / Equity = 0.10 (Debt 33.0m / totalStockholderEquity, last quarter 321.5m)
 Debt / EBITDA = 2.95 (negative EBITDA) (Net Debt -64.5m / EBITDA -21.9m)
 Debt / FCF = 1.23 (negative FCF - burning cash) (Net Debt -64.5m / FCF TTM -52.6m)
 Total Stockholder Equity = 98.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -8.65% (Net Income -27.8m / Total Assets 496.2m)
RoE = -28.15% (Net Income TTM -27.8m / Total Stockholder Equity 98.9m)
RoCE = -18.36% (EBIT -22.0m / Capital Employed (Equity 98.9m + L.T.Debt 21.0m))
 RoIC = -4.06% (negative operating profit) (NOPAT -17.4m / Invested Capital 428.1m)
 WACC = 10.68% (E(529.0m)/V(561.9m) * Re(10.48%) + D(33.0m)/V(561.9m) * Rd(17.50%) * (1-Tc(0.21)))
Discount Rate = 10.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.56 | Cagr: 32.33%
 [DCF] Fair Price = unknown (Cash Flow -52.6m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.52 | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: 0.0 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.12 | Chg30d=+71.43% | Revisions=+25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.34 | Chg30d=+112.50% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=0.81 | Chg30d=-19.23% | Revisions=-25% | GrowthEPS=-85.7% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=5.13 | Chg30d=+4.48% | Revisions=+0% | GrowthEPS=+532.2% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: +12% (up=3, down=2)