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.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Contango ORE reports robust Q3 results, eyes growth opportunities

Contango ORE (CTGO) delivered a strong Q3 performance with solid gold production and sales, focusing on debt reduction and project advancement for future growth.
While facing challenges in gold price uncertainties and managing costs, CTGO is leveraging opportunities to enhance its financial stability and investor appeal.
With a clear strategic focus on profitability and value creation, CTGO aims to drive stock value rerating through operational excellence and project developments.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“Contango” or the “Company”) (NYSE American: CTGO) announced today it filed its Form 10-K for the year ended June 30, 2023 with the Securities and Exchange Commission. The Company reported a net loss of $39.7 million or a loss of $5.61 per basic and diluted share for the year ended June 30, 2023 compared to a net loss of $23.5 million or a loss of $3.49 per basic and diluted share for the prior year. The primary reason for the increase in net loss i.

Contango ORE Announces Year End Results

HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“Contango” or the “Company”) (NYSE American: CTGO) announced that mining operations have started at its 30% owned Manh Choh Mine (the “Project” or “Manh Choh”), located near Tok, Alaska, U.S.A. With all major contracts, bonding and permitting in place, the Project remains on track and on budget to bring Contango's 30% interest in Manh Choh into production in the second half of 2024. Based on the Feasibility Study Technical Report Summary (“TRS”), th.

Contango Announces Commencement of Mining Operations at Manh Choh Mine and Re-Start of Drilling at Lucky Shot Mine

HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO), today announced the closing of its previously announced underwritten public offering (the “Offering”) of 1,600,000 shares of its common stock at a public offering price of $19.00 per share. Gross proceeds from the Offering were $30.4 million before deducting underwriting discounts, commissions, and Offering expenses. In addition, Contango has granted the underwriters a 30-day option to purc.

Contango ORE Announces Closing of $30.4 Million Underwritten Public Offering of Common Stock

HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO), today announced the pricing of its previously announced underwritten public offering (the “Offering”) of 1,600,000 shares of its common stock at a public offering price of $19.00 per share. Gross proceeds from the Offering are expected to be $30.4 million before deducting underwriting discounts, commissions, and estimated Offering expenses. In addition, Contango has granted the underwriters.

Contango ORE Announces Pricing of $30.4 Million Underwritten Public Offering of Common Stock

Contango ORE, Inc. (CTGO) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

What Makes Contango ORE, Inc. (CTGO) a Good Fit for 'Trend Investing'

HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO) announced that it has filed an initial Technical Report Summary (“TRS”) detailing the gold resources at the Lucky Shot Project located near Willow, Alaska. The mineral resource estimates held by Contango at the Lucky Shot Project, effective as of May 26, 2023 comprise Indicated mineral resource estimates of 226,963 tonnes grading 14.5 g/t Au for 105,620 oz Au and Inferred mineral resource es.

Contango ORE Issues Initial S-K 1300 Resource Technical Report Summary for the Lucky Shot Project, Alaska – Indicated grades average 15 g/t

HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“CORE,” “Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that, according to a preliminary list of additions posted on May 19, 2023, Contango is set to join the broad-market Russell 3000® and Russell Microcap® Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023. Rick Van Nieuwenhuyse, the Company's President and Chief Executive Officer said: “We are.

Contango ORE Set to Join Russell 3000® and Russell Microcap Indexes

HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“CORE,” “Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that it has completed the Technical Report Summary (“TRS”) on the Manh Choh Project (the “Project” or “Manh Choh”), located near Tok, Alaska, U.S.A. Rick Van Nieuwenhuyse, the Company's President and Chief Executive Officer said: “With the completion of the tolling agreement with the Fort Knox Mine, we were able to complete the TRS. I am pleased to report that the resu.

Contango ORE Announces Completion of S-K 1300 Technical Report Summary for Its Manh Choh Project in Alaska

HOUSTON, Texas--(BUSINESS WIRE)--Contango ORE, Inc. (“CORE,” “Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that it and its subsidiaries have entered into a Credit and Guaranty Agreement with ING Capital LLC (“ING”) and Macquarie Bank Limited (“Macquarie”) for a senior secured loan facility of up to US$70 million, of which $65 million is committed and subject to certain conditions, to fund its portion of the pre-production construction and working capital/operating ex.

Contango ORE Closes Its Secured Credit Facility With ING and Macquarie to Fund the Construction of the Manh Choh Gold Project

HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“Contango,” "CORE" or the “Company”) (NYSE American: CTGO) announced that it had a net loss of $(7.9) million, or $(1.09) per basic and diluted share, for the three months ended March 31, 2023 compared to a net loss of $(6.8) million or $(1.01) per basic and diluted share for the same period last year. For the nine months ended March 31, 2023, the Company reported a net loss of $(29.3) million, or $(4.23) per basic and diluted share, compared to a n.

Contango ORE Announces Earnings For the Quarter Ended March 31, 2023

HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“CORE,” “Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that it has entered into an agreement with ING CAPITAL LLC (“ING”) and Macquarie to arrange a US$70 million senior secured loan facility to fund its portion of the pre-production construction and working capital/operating expenditures for the Peak Gold Joint Venture (“PGJV”), owner of the Manh Choh gold project in Alaska.

Contango ORE Enters Into Project Finance Mandate With ING and Macquarie to Fund the Construction of Its Share of the Manh Choh Gold Project Alongside JV Partner Kinross Gold

HOUSTON--( BUSINESS WIRE )--Contango ORE, Inc. (“CORE” or the “Company”) (NYSE American: CTGO) announced that it had a net loss of $(14.3) million, or $(2.10) per basic and diluted share, for the three months ended December 31, 2022 compared to a net loss of ($4.9) million or $(0.72) per basic and diluted share for the same period last year. For the six months ended December 31, 2022, the Company reported a net loss of ($21.4) million, or ($3.15) per basic and diluted share, compared to a net loss of ($9.4) million or ($1.41) per basic and diluted share for the same period last year. The increase in net loss for the sixth month period ended December 31, 2022, is due to increased exploration and development expenses on the Lucky Shot project and as a result of increased costs related to advancing the Company's 30% equity interest in Peak Gold, LLC, where early works construction was initiated after receipt of the Wetlands 404 Permit. The Company expects to experience additional losses until the Manh Choh project begins commercial production, which we anticipate will be in the second half of 2024. The Company also announced that it filed its Form 10-Q for the quarter ended December 31, 2022, with the Securities and Exchange Commission.

Contango ORE Announces Earnings For Quarter Ended December 31, 2022

HOUSTON--( BUSINESS WIRE )--Contango ORE, Inc. (“CORE” or the “Company”) (NYSE American: CTGO) announced today the issuance and sale of an aggregate of 117,500 shares for $20.00 per share (the “Shares”) of the Company's common stock, par value $0.01 per share (the “Common Stock”), and warrants (the “Warrants”) entitling each purchaser to purchase shares of Common Stock for $25.00 per share (the “Warrant Shares” and together with the Common Stock and the Warrants, the “Securities”), in a private placement (the “Private Placement”) pursuant to Subscription Agreements, (the “Subscription Agreements”) dated as of January 19, 2023 between the Company and certain accredited investors (the “Purchasers”). The Subscription Agreements include customary representations, warranties, and covenants by the Purchasers and the Company.

Contango ORE, Inc. Announces Private Placement of Common Stock

HOUSTON--( BUSINESS WIRE )--Contango ORE, Inc. (“CORE” or the “Company”) (NYSE American: CTGO) announced today the issuance and sale of an aggregate of 283,500 shares for $20.00 per share (the “Shares”) of the Company's common stock, par value $0.01 per share (the “Common Stock”), and warrants (the “Warrants”) entitling each purchaser to purchase shares of Common Stock for $25.00 per share (the “Warrant Shares” and together with the Common Stock and the Warrants, the “Securities”), in a private placement (the “Private Placement”) pursuant to Subscription Agreements, (the “Subscription Agreements”) dated as of December 23, 2022 between the Company and certain accredited investors (the “Purchasers”). The Subscription Agreements include customary representations, warranties, and covenants by the Purchasers and the Company.

Contango ORE, Inc. Announces Private Placement of Common Stock and Year-End Update

NEW YORK , Nov. 17, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Contango Ore, Inc. (NYSE American: CTGO). If you are a shareholder of Contango Ore, Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: https://pjlfirm.com/contango-ore-inc/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Contango Ore, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

HOUSTON--( BUSINESS WIRE )--Contango ORE, Inc. (“CORE” or the “Company”) (NYSE American: CTGO) announced today that the Company held its annual meeting of stockholders on November 10, 2022 and the following directors were elected to serve until the 2023 annual meeting of stockholders:

Announces Results of the 2022 Virtual Annual Meeting of Stockholders and Results for the Quarter Ended September 30, 2022

Gold Fields Ltd.

Gold Resource

Hycroft Mining Holding Corporation

Idaho Strategic Resources Inc

Nomad Royalty Co Ltd

As the U.S. Dollar strengthens, now may not seem like the right time to buy gold stocks. Especially as the Federal Reserve appears likely to continue raising interest rates to combat inflation.

6 Gold Stocks to Buy as a Portfolio Hedge

HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO) announced that a major milestone has been achieved at the Company's 30% owned Manh Choh gold project. Kinross Gold Corporation, the owner of KG Mining (Alaska), LLC, which is the 70% owner, operator and manager of the Peak Gold LLC joint venture (JV) and Manh Choh, announced the results of the Feasibility Study (FS) for the Manh Choh project ahead of schedule. They also announced that the Ki

Contango ORE Announces Feasibility Study Results and Construction Decision on Manh Choh

HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO) announced that one of its founding board members, Joseph Greenberg will be resigning from the Company's board effective June 30, 2022. Mr. Greenberg has served on the Company's board of directors since 2010 when the Company went public. Mr. Greenberg has done a great service to CORE and its shareholders, and we wish him well as he pursues other interests. Mr. Greenberg is the Chief Executive

Contango ORE Announces Board Change and Operational Updates

HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“Contango,” "CORE" or the “Company”) (NYSE American: CTGO) announced that it had a net loss of $(6.8) million, or $(1.01) per basic and diluted share, for the three months ended March 31, 2022 compared to a net loss of $4.5 million or $(0.73) per basic and diluted share for the same period last year. For the nine months ended March 31, 2022, the Company reported a net loss of $16.9 million, or $(2.42) per basic and diluted share, for the nine months

Contango ORE Announces Earnings For the Quarter Ended March 31, 2022

HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“Contango,” "CORE" or the “Company”) (NYSE American: CTGO) announced today that it closed on $20,000,000 unsecured convertible debenture to Queen's Road Capital Investment, Ltd. ("QRC"). The debenture was purchased at par. The closing and issuance of the debenture occurred on April 26, 2022. The Company will use the proceeds from the sale of the debenture to fund commitments to its Peak Gold, LLC (Manh Choh) joint venture, the exploration and develo

Contango ORE Closes on $20,000,000 Unsecured 8% Convertible Debenture

HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“Contango,” "CORE" or the “Company”) (NYSE American: CTGO) announced today that it had entered into a binding agreement to issue a $20,000,000 unsecured convertible debenture to Queen's Road Capital Investment, Ltd. ("QRC"). The debenture will be purchased at par. The closing and issuance of the debenture is expected to occur on or prior to April 29, 2022, subject to customary closing conditions. The Company will use the proceeds from the sale of th

Contango ORE Announces Agreement to Issue $20,000,000 Unsecured 8% Convertible Debenture

Hong Kong, Hong Kong--(Newsfile Corp. - April 9, 2022) - Queen's Road Capital Investment Ltd. (TSXV: QRC) (the "Company" or "QRC") is pleased to announce that it has entered into a binding agreement with Contango ORE, Inc. ("CORE") whereby the Company will purchase US$20,000,000 of convertible debentures to be issued by CORE.The convertible debentures will have a 4-year term, carry an 8.0% coupon (6.0% payable in cash and 2.0% payable in shares), a 3% establishment...

Queen's Road Capital Announces Investment in Contango ORE

Toronto, Ontario--(Newsfile Corp. - February 24, 2022) - Contango ORE Inc (NYSE American: CTGO) is pleased to announce that the company will be presenting at Red Cloud's 2022 Very Pre-PDAC Mining Showcase. We invite our shareholders and all interested parties to join us there.Contango is uniquely positioned as a junior exploration and development company by owning a 30% interest in the Manh Choh project in Alaska in partnership with Kinross. The joint venture plans...

Contango ORE Inc Invites You to Join Us at the Red Cloud 2022 Very Pre-PDAC Mining Showcase

HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“CORE” or the “Company”) (NYSE American: CTGO) announced today that it had received updates to the projected 2022 budget for Peak Gold, LLC ("Peak Gold JV"), in which the Company holds a non-controlling 30% interest. Peak Gold JV plans to mine ore from the Main and North Manh Choh deposits located within the State of Alaska (the "Manh Choh Project"). The Company's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on Feb

News for Contango ORE Stock (CTGO)