Should I buy or sell Contango Ore stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Contango Ore in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CTGO shares. View CTGO analyst ratings or view top-rated stocks .

What is Contango Ore's stock price target for 2024?

4 analysts have issued twelve-month price targets for Contango Ore's stock. Their CTGO share price targets range from $23.22 to $38.00. On average, they anticipate the company's share price to reach $31.18 in the next year. This suggests a possible upside of 53.1% from the stock's current price. View analysts price targets for CTGO or view top-rated stocks among Wall Street analysts .

Are investors shorting Contango Ore?

Contango Ore saw a decrease in short interest in March. As of March 31st, there was short interest totaling 188,600 shares, a decrease of 6.6% from the March 15th total of 201,900 shares. Based on an average daily trading volume, of 24,400 shares, the days-to-cover ratio is presently 7.7 days. Currently, 3.7% of the company's stock are short sold. View Contango Ore's Short Interest .

When is Contango Ore's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024. View our CTGO earnings forecast .

How were Contango Ore's earnings last quarter?

Contango Ore, Inc. (NYSEAMERICAN:CTGO) posted its quarterly earnings data on Wednesday, September, 13th. The company reported ($1.38) EPS for the quarter, missing the consensus estimate of ($1.04) by $0.34.

Who are Contango Ore's major shareholders?

Contango Ore's stock is owned by many different institutional and retail investors. Top institutional shareholders include Mather Group LLC. (0.02%). Insiders that own company stock include Joseph S Compofelice, Nieuwenhuyse Rick Van and Richard Shortz. View institutional ownership trends .

How do I buy shares of Contango Ore?

Shares of CTGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSEAMERICAN:CTGO

Contango Ore (CTGO) Stock Price, News & Analysis

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$20.36

+0.53 (+2.67%)

(As of 04/18/2024 ET)

Compare

Today's Range: $19.95
▼
$20.57
50-Day Range: N/A
52-Week Range: $14.03
▼
$33.67

Volume: 21,270 shs
Average Volume: 31,576 shs
Market Capitalization: $195.46 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $31.18

Get Contango Ore alerts:

Contango Ore MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 53.1% Upside
$31.18 Price Target
Short Interest: Healthy
3.68% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.96
Based on 3 Articles This Week
Insider Trading: Selling Shares
$605,171 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($5.82) to $1.84 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.88 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Contango Ore has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Contango Ore has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.68% of the float of Contango Ore has been sold short.
Short Interest Ratio / Days to Cover
Contango Ore has a short interest ratio ("days to cover") of 7.7.
Change versus previous month
Short interest in Contango Ore has recently decreased by 6.59%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Contango Ore does not currently pay a dividend.
Dividend Growth
Contango Ore does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CTGO.

3.3

News and Social Media Coverage

News Sentiment
Contango Ore has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Contango Ore this week, compared to 0 articles on an average week.
Search Interest
Only 1 people have searched for CTGO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
5 people have added Contango Ore to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Contango Ore insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $605,171.00 in company stock.
Percentage Held by Insiders
17.80% of the stock of Contango Ore is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 19.14% of the stock of Contango Ore is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Contango Ore are expected to grow in the coming year, from ($5.82) to $1.84 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Contango Ore is -3.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Contango Ore is -3.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

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About Contango Ore Stock (NYSEAMERICAN:CTGO)

Contango Ore, Inc., an exploration stage company, engages in the exploration and development of mineral properties in Alaska, the United States. It primarily explores for gold, silver, and copper ores. The company was founded in 2009 and is headquartered in Fairbanks, Alaska.

CTGO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CTGO Stock News Headlines

April 10, 2024 | insidertrades.com

Insider Selling: Contango Ore, Inc. (NYSEAMERICAN:CTGO) Director Sells 2,920 Shares of Stock

April 9, 2024 | insidertrades.com

Richard Shortz Sells 900 Shares of Contango Ore, Inc. (NYSEAMERICAN:CTGO) Stock

April 19, 2024 | Altimetry (Ad)

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April 9, 2024 | insidertrades.com

Contango Ore, Inc. (NYSEAMERICAN:CTGO) CEO Nieuwenhuyse Rick Van Sells 5,401 Shares

April 3, 2024 | insidertrades.com

Contango Ore, Inc. (NYSEAMERICAN:CTGO) CEO Sells $123,629.78 in Stock

March 27, 2024 | insidertrades.com

Insider Selling: Contango Ore, Inc. (NYSEAMERICAN:CTGO) Director Sells 3,635 Shares of Stock

March 23, 2024 | insidertrades.com

Insider Selling: Contango Ore, Inc. (NYSEAMERICAN:CTGO) CEO Sells 1,000 Shares of Stock

March 22, 2024 | insidertrades.com

Joseph S. Compofelice Sells 5,826 Shares of Contango Ore, Inc. (NYSEAMERICAN:CTGO) Stock

April 19, 2024 | Altimetry (Ad)

I’m officially sounding the alarm.

March 21, 2024 | insidertrades.com

Contango Ore, Inc. (NYSEAMERICAN:CTGO) CEO Sells $66,000.00 in Stock

April 18, 2024 | americanbankingnews.com

Contango Ore, Inc. (NYSEAMERICAN:CTGO) Sees Large Decline in Short Interest

April 11, 2024 | investing.com

Contango ORE director sells $60,152 in company stock

April 10, 2024 | americanbankingnews.com

Contango Ore, Inc. (NYSEAMERICAN:CTGO) Director Joseph S. Compofelice Sells 2,920 Shares of Stock

April 8, 2024 | finance.yahoo.com

Contango Ore Inc President & CEO Nieuwenhuyse Van Sells 5,401 Shares

March 14, 2024 | businesswire.com

Contango Announces Transition Period Results

February 19, 2024 | finance.yahoo.com

Contango Ore Inc: Invitation to Red Cloud's Pre-PDAC 2024 Mining Showcase

February 2, 2024 | tmcnet.com

Glancy Prongay & Murray LLP Announces Investigation of Contango ORE, Inc.

November 19, 2023 | markets.businessinsider.com

Contango ORE Poised for Profitability: An Analysis of Buy Rating and Future Revenue Projections

November 15, 2023 | msn.com

Contango Ore GAAP EPS of -$1.47

November 14, 2023 | finance.yahoo.com

Contango ORE, Inc. Announces Results of the 2023 Virtual Annual Meeting of Stockholders and Results for the Quarter Ended September 30, 2023

November 4, 2023 | usatoday.com

Ex-Oregon prison nurse convicted of sexually assaulting female inmates gets 30 years in prison

September 14, 2023 | msn.com

Maxim Group Initiates Coverage of Contango Ore (CTGO) with Buy Recommendation

July 24, 2023 | marketwatch.com

Contango ORE Shares Tumble on Underwritten Public Offering

July 24, 2023 | finance.yahoo.com

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

June 13, 2023 | finance.yahoo.com

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

May 16, 2023 | finance.yahoo.com

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

March 20, 2023 | finance.yahoo.com

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

See More Headlines

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Company Calendar

Last Earnings: 9/13/2023
Today: 4/18/2024
Next Earnings (Estimated): 5/10/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSEAMERICAN:CTGO
CUSIP: N/A
CIK: 1502377
Web: www.contangoore.com
Phone: (713) 877-1311
Fax: 713-621-7329
Employees: 11
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $31.18
High Stock Price Target: $38.00
Low Stock Price Target: $23.22
Potential Upside/Downside: +53.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($6.04)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-39,740,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: -123.52%

Debt

Debt-to-Equity Ratio: 2.98
Current Ratio: 4.02
Quick Ratio: 4.02

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($0.50) per share
Price / Book: -40.72

Miscellaneous

Outstanding Shares: 9,600,000
Free Float: 7,894,000
Market Cap: $195.46 million
Optionable: Not Optionable
Beta: 0.56

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Key Executives

Mr. Rick Van Nieuwenhuyse M.Sc. (Age 68)
President, CEO & Director
Comp: $442k
Mr. J. Michael Clark C.A. (Age 42)
CPA, CFO & Corporate Secretary
Mr. David Larimer
Exploration Manager

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CTGO Stock Analysis - Frequently Asked Questions

Should I buy or sell Contango Ore stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Contango Ore in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CTGO shares.
View CTGO analyst ratings or view top-rated stocks.
What is Contango Ore's stock price target for 2024?: 4 analysts have issued twelve-month price targets for Contango Ore's stock. Their CTGO share price targets range from $23.22 to $38.00. On average, they anticipate the company's share price to reach $31.18 in the next year. This suggests a possible upside of 53.1% from the stock's current price.
View analysts price targets for CTGO or view top-rated stocks among Wall Street analysts.
Are investors shorting Contango Ore?: Contango Ore saw a decrease in short interest in March. As of March 31st, there was short interest totaling 188,600 shares, a decrease of 6.6% from the March 15th total of 201,900 shares. Based on an average daily trading volume, of 24,400 shares, the days-to-cover ratio is presently 7.7 days. Currently, 3.7% of the company's stock are short sold.
View Contango Ore's Short Interest.
When is Contango Ore's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our CTGO earnings forecast.

How were Contango Ore's earnings last quarter?: Contango Ore, Inc. (NYSEAMERICAN:CTGO) posted its quarterly earnings data on Wednesday, September, 13th. The company reported ($1.38) EPS for the quarter, missing the consensus estimate of ($1.04) by $0.34.
Who are Contango Ore's major shareholders?: Contango Ore's stock is owned by many different institutional and retail investors. Top institutional shareholders include Mather Group LLC. (0.02%). Insiders that own company stock include Joseph S Compofelice, Nieuwenhuyse Rick Van and Richard Shortz.
View institutional ownership trends.
How do I buy shares of Contango Ore?: Shares of CTGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:CTGO) was last updated on 4/19/2024 by MarketBeat.com Staff

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