Contango Ore Stock Today
| CTGO Stock | USD 11.46 0.62 5.72% |
Performance0 of 100
| Odds Of DistressOver 82
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Contango ORE is selling at 11.46 as of the 17th of January 2025; that is 5.72 percent increase since the beginning of the trading day. The stock's open price was 10.84. Contango ORE has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 18th of December 2024 and ending today, the 17th of January 2025. Click here to learn more.
Business Domain Materials | IPO Date 20th of December 2010 | Category Basic Materials |
Contango Ore, Inc., an exploration stage company, engages in the exploration of gold and associated minerals in the United States. Contango Ore, Inc. was founded in 2009 and is headquartered in Houston, Texas. Contango Ore operates under Gold classification in the United States and is traded on AMEX Exchange. The company has 12.23 M outstanding shares of which 452.92 K shares are currently shorted by private and institutional investors with about 7.32 trading days to cover. More on Contango ORE
Moving together with Contango Stock
| 0.72 | X | United States Steel | PairCorr |
| 0.87 | AG | First Majestic Silver Buyout Trend | PairCorr |
| 0.73 | AU | AngloGold Ashanti plc | PairCorr |
| 0.8 | CE | Celanese | PairCorr |
Moving against Contango Stock
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Contango Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO President | Rick MSc | |||||||||||||||||||||||||||||||||||
| Thematic Idea | Aluminum (View all Themes) | |||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Metals & Mining, Materials, Basic Materials, Aluminum, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsContango ORE can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Contango ORE's financial leverage. It provides some insight into what part of Contango ORE's total assets is financed by creditors.
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Contango ORE (CTGO) is traded on NYSE MKT Exchange in USA. It is located in 516 2nd Avenue, Fairbanks, AK, United States, 99701 and employs 6 people. Contango ORE is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 132.68 M. Contango ORE conducts business under Metals & Mining sector and is part of Materials industry. The entity has 12.23 M outstanding shares of which 452.92 K shares are currently shorted by private and institutional investors with about 7.32 trading days to cover.
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.
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Ownership AllocationThe market capitalization of Contango ORE is $132.68 Million. Contango ORE retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
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Contango ORE Historical Income Statement
Contango Stock Against Markets
Contango ORE Corporate Executives
Elected by the shareholders, the Contango ORE's board of directors comprises two types of representatives: Contango ORE inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Contango. The board's role is to monitor Contango ORE's management team and ensure that shareholders' interests are well served. Contango ORE's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Contango ORE's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Leah Gaines | CFO, Chief Accounting Officer, VP, Treasurer and Secretary | Profile |
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.
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.