Contango ORE Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 65/119 in the Metals & Mining industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 35.20.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Contango ORE Inc's Score
Industry at a Glance
Industry Ranking
65 / 119
Overall Ranking
219 / 4578
Industry
Metals & Mining
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Buy
Current Rating
35.200
Target Price
+35.28%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Contango ORE Inc Highlights
StrengthsRisks
Contango ORE, Inc. is engaged in the exploration of gold and associated minerals in Alaska. The Company holds a 30% interest in the Peak Gold JV, which leases approximately 675,000 acres of land for exploration and development on the Manh Choh project, with the remaining 70% owned by KG Mining (Alaska), Inc., an indirect subsidiary of Kinross Gold Corporation, operator of the Peak Gold JV. It also has a lease on the Johnson Tract project from the underlying owner, CIRI Native Corporation, a lease on Lucky Shot project from the underlying owner, Alaska Hardrock Inc. and through its subsidiary has 100% ownership of approximately 8,600 acres of peripheral State of Alaska mining claims. It also owns a 100% interest in an additional approximately 145,000 acres of State of Alaska mining claims through its wholly owned subsidiary, which gives the Company an exclusive right to explore and develop minerals on these lands. The Company also owns Golden Zone and Amanita NE gold properties.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 0.00.
Overvalued
The company’s latest PB is 9.20, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 6.15M shares, increasing 0.64% quarter-over-quarter.
Contango ORE, Inc. is engaged in the exploration of gold and associated minerals in Alaska. The Company holds a 30% interest in the Peak Gold JV, which leases approximately 675,000 acres of land for exploration and development on the Manh Choh project, with the remaining 70% owned by KG Mining (Alaska), Inc., an indirect subsidiary of Kinross Gold Corporation, operator of the Peak Gold JV. It also has a lease on the Johnson Tract project from the underlying owner, CIRI Native Corporation, a lease on Lucky Shot project from the underlying owner, Alaska Hardrock Inc. and through its subsidiary has 100% ownership of approximately 8,600 acres of peripheral State of Alaska mining claims. It also owns a 100% interest in an additional approximately 145,000 acres of State of Alaska mining claims through its wholly owned subsidiary, which gives the Company an exclusive right to explore and develop minerals on these lands. The Company also owns Golden Zone and Amanita NE gold properties.
Ticker SymbolCTGO
CompanyContango ORE Inc
CEONieuwenhuyse (Rick Van)
Websitehttps://www.contangoore.com/
FAQs
What is the current price of Contango ORE Inc (CTGO)?
The current price of Contango ORE Inc (CTGO) is 29.520.
What is the symbol of Contango ORE Inc?
The ticker symbol of Contango ORE Inc is CTGO.
What is the 52-week high of Contango ORE Inc?
The 52-week high of Contango ORE Inc is 30.170.
What is the 52-week low of Contango ORE Inc?
The 52-week low of Contango ORE Inc is 8.850.
What is the market capitalization of Contango ORE Inc?
The market capitalization of Contango ORE Inc is 441.62M.
What is the net income of Contango ORE Inc?
The net income of Contango ORE Inc is -38.03M.
Is Contango ORE Inc (CTGO) currently rated as Buy, Hold, or Sell?
According to analysts, Contango ORE Inc (CTGO) has an overall rating of Buy, with a price target of 35.200.
What is the Earnings Per Share (EPS TTM) of Contango ORE Inc (CTGO)?
The Earnings Per Share (EPS TTM) of Contango ORE Inc (CTGO) is 0.190.