Contango Ore Stock Performance
| CTGO Stock | USD 14.08 3.88 21.60% |
The firm shows a Beta (market volatility) of 0.81, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Contango ORE's returns are expected to increase less than the market. However, during the bear market, the loss of holding Contango ORE is expected to be smaller as well. At this point, Contango ORE has a negative expected return of -0.14%. Please make sure to confirm Contango ORE's potential upside, as well as the relationship between the rate of daily change and relative strength index , to decide if Contango ORE performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Contango ORE has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest fragile performance, the Stock's technical and fundamental indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
Actual Historical Performance (%)
One Day Return (1.59) | Five Day Return (6.41) | Year To Date Return 0.39 | Ten Year Return 282.13 | All Time Return 199.33 |
1 | Disposition of 2390 shares by Green Darwin of Contango ORE at 21.25 subject to Rule 16b-3 | 09/10/2024 |
2 | Disposition of 7460 shares by Compofelice Joseph S of Contango ORE at 21.14 subject to Rule 16b-3 | 09/11/2024 |
3 | Disposition of 697 shares by Shortz Richard of Contango ORE at 21.56 subject to Rule 16b-3 | 09/12/2024 |
4 | Contango ORE director Richard Shortz sells shares worth over 15k - Investing.com | 09/13/2024 |
5 | Contango Ore Inc Stock Price Up 4.93 percent on Sep 24 | 09/24/2024 |
6 | Contango Ore Stock The Company Is Going To Finally Generate Revenue - Seeking Alpha | 11/11/2024 |
7 | Contango Ore files for 200M mixed securities shelf | 11/15/2024 |
8 | Contango Ore Inc Q3 2024 Earnings Call Highlights Strong - GuruFocus.com | 11/19/2024 |
9 | Contango Ore Inc Shares Down 3.7 percent on Nov 20 | 11/20/2024 |
10 | How the price action is used to our Advantage - Stock Traders Daily | 11/22/2024 |
| Begin Period Cash Flow | 23.3 K |
Contango |
Contango ORE Relative Risk vs. Return Landscape
If you would invest 2,021 in Contango ORE on August 31, 2024 and sell it today you would lose (225.00) from holding Contango ORE or give up 11.13% of portfolio value over 90 days. Contango ORE is currently does not generate positive expected returns and assumes 3.2343% risk (volatility on return distribution) over the 90 days horizon. In different words, 28% of stocks are less volatile than Contango, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Contango ORE Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Contango ORE's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Contango ORE, and traders can use it to determine the average amount a Contango ORE's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0424
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CTGO |
Estimated Market Risk
| 3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Contango ORE is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Contango ORE by adding Contango ORE to a well-diversified portfolio.
Contango ORE Fundamentals Growth
Contango Stock prices reflect investors' perceptions of the future prospects and financial health of Contango ORE, and Contango ORE fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Contango Stock performance.
| Return On Equity | -5.05 | |||
| Return On Asset | -0.21 | |||
| Current Valuation | 257.32 M | |||
| Shares Outstanding | 12.23 M | |||
| Price To Earning | 5.89 X | |||
| Price To Book | 4.66 X | |||
| EBITDA | (76.7 M) | |||
| Net Income | (81.53 K) | |||
| Cash And Equivalents | 23.1 M | |||
| Cash Per Share | 3.41 X | |||
| Total Debt | 44.68 M | |||
| Debt To Equity | 1.45 % | |||
| Current Ratio | 15.80 X | |||
| Book Value Per Share | (1.61) X | |||
| Cash Flow From Operations | (18.86 M) | |||
| Earnings Per Share | (7.04) X | |||
| Market Capitalization | 219.62 M | |||
| Total Asset | 58.59 M | |||
| Retained Earnings | (139.04 M) | |||
| Working Capital | 9.99 M | |||
| Current Asset | 2.01 M | |||
| Current Liabilities | 102.98 K | |||
About Contango ORE Performance
By examining Contango ORE's fundamental ratios, stakeholders can obtain critical insights into Contango ORE's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Contango ORE is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.39) | (1.46) | |
| Return On Capital Employed | (0.39) | (0.41) | |
| Return On Assets | (1.39) | (1.46) | |
| Return On Equity | 5.61 | 5.89 |
Things to note about Contango ORE performance evaluation
Checking the ongoing alerts about Contango ORE for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Contango ORE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Contango ORE generated a negative expected return over the last 90 days | |
| Contango ORE has high historical volatility and very poor performance | |
| Contango ORE has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (81.53 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Contango ORE currently holds about 23.1 M in cash with (18.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.41. | |
| Contango ORE has a frail financial position based on the latest SEC disclosures | |
| Roughly 38.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: How the price action is used to our Advantage - Stock Traders Daily |
- Analyzing Contango ORE's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Contango ORE's stock is overvalued or undervalued compared to its peers.
- Examining Contango ORE's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Contango ORE's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Contango ORE's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Contango ORE's stock. These opinions can provide insight into Contango ORE's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Contango ORE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Contango ORE. If investors know Contango will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Contango ORE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.04) | Return On Assets (0.21) | Return On Equity (5.05) |
The market value of Contango ORE is measured differently than its book value, which is the value of Contango that is recorded on the company's balance sheet. Investors also form their own opinion of Contango ORE's value that differs from its market value or its book value, called intrinsic value, which is Contango ORE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Contango ORE's market value can be influenced by many factors that don't directly affect Contango ORE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Contango ORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Contango ORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Contango ORE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.