(CTGO) Contango ORE - Overview
Sector: Basic Materials | Industry: Gold | Exchange: NYSE MKT (USA) | Market Cap: 641m USD | Total Return: -1.5% in 12m
Avg Turnover: 8.06M
Qual. Beats: -1
Qual. Beats: 0
Warnings
Share dilution 43.4% YoY
High Debt/EBITDA (9.7) with thin interest coverage (-1.2)
High Debt while negative Cash Flow
Interest Coverage Ratio -1.2 is critical
Altman Z'' -2.71 < 1.0 - financial distress zone
Volatile Below Avwap Earnings
Tailwinds
Confidence
Contango Silver & Gold Inc. (CTGO) is an exploration and development company focused on gold and silver assets in Alaska and the Golden Triangle of British Columbia. Headquartered in Fairbanks, the firm transitioned its corporate identity in March 2026 to reflect a broader focus on precious metals production alongside its historical exploration activities.
The company operates within the junior mining sector, where business models typically involve high capital expenditures during the exploration phase followed by strategic partnerships or joint ventures to fund infrastructure and extraction. Alaska and British Columbia are recognized globally for high-grade mineral endowments, though operations in these regions often face seasonal logistical challenges due to sub-arctic climates.
Investors can further evaluate the companys asset quality and financial health by reviewing the detailed metrics on ValueRay. Contango continues to advance its portfolio of mineral properties to transition from a pure explorer to an active producer of associated minerals.
- Manh Choh project production ramp-up drives initial gold revenue growth
- Kinross Gold partnership performance dictates operational efficiency and capital expenditures
- Gold price volatility directly impacts net asset value and profitability
- Permitting and environmental compliance in Alaska influence long-term project timelines
- Exploration success at Lucky Shot project determines future reserve expansion
| 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: -1.19 > 6 (EBITDA TTM -6.68m / Interest Expense TTM 5.77m) |
| 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: -0.02 (EBIT TTM -6.84m / Avg Total Assets 321.8m) |
| D: -1.30 (Book Value of Equity -227.2m / Total Liabilities 174.7m) |
| Altman-Z'' = -2.71 = D |
As of May 29, 2026, the stock is trading at USD 19.95 with a total of 439,966 shares traded.
Over the past week, the price has changed by -5.76%,
over one month by -11.53%,
over three months by -33.65% and
over the past year by -1.48%.
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
| Analysts Target Price | 38.3 | 92.1% |
P/E Forward = 2.7211
P/B = 1.9715
Revenue TTM = 0.0 USD
EBIT TTM = -6.84m USD
EBITDA TTM = -6.68m 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 = 576.5m USD (641.0m + Debt 33.0m - CCE 97.5m)
Interest Coverage Ratio = -1.19 (Ebit TTM -6.84m / Interest Expense TTM 5.77m)
EV/FCF = -10.96x (Enterprise Value 576.5m / FCF TTM -52.6m)
FCF Yield = -9.12% (FCF TTM -52.6m / Enterprise Value 576.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 463k) / Revenue TTM)
Tobins Q-Ratio = 1.16 (Enterprise Value 576.5m / Total Assets 496.2m)
Interest Expense / Debt = 17.50% (Interest Expense 5.77m / Debt 33.0m)
Taxrate = 21.0% (US default 21%)
NOPAT = -5.41m (EBIT -6.84m * (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 = 9.65 (negative EBITDA) (Net Debt -64.5m / EBITDA -6.68m)
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 = -8.53% (Net Income TTM -27.8m / Total Stockholder Equity 326.4m)
RoCE = -1.97% (EBIT -6.84m / Capital Employed (Equity 326.4m + L.T.Debt 21.0m))
RoIC = -1.33% (negative operating profit) (NOPAT -5.41m / Invested Capital 407.3m)
WACC = 9.45% (E(641.0m)/V(673.9m) * Re(9.22%) + D(33.0m)/V(673.9m) * Rd(17.50%) * (1-Tc(0.21)))
Discount Rate = 9.22% (= 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: -0.85 | # QB: -1
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=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.34 | Chg30d=+112.50% | Revisions=-20% | Analysts=1
EPS current Year (2026-12-31): EPS=1.01 | Chg30d=+337.09% | Revisions=+20% | GrowthEPS=-82.2% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=4.91 | Chg30d=+1.51% | Revisions=+20% | GrowthEPS=+388.7% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: +20%