Contango Ore, Inc., an exploration stage company, engages in the exploration of gold and associated minerals in the United States. It also explores for copper and silver deposits. The company, through its subsidiaries, leases approximately 675,000 acres from the Tetlin Tribal Council and approximately 13,000 State of Alaska mining claims for exploration and development; and owns 100% interest in the mineral rights to approximately 200,000 acres of State of Alaska mining claims located north and northwest of the Tetlin Lease. The company also holds interest in the Shamrock property that consists of 361 Alaska state mining claims covering approximately 52,640 acres. Contango Ore, Inc. was founded in 2009 and is based in Houston, Texas.
IPO Year: 2021
Exchange: AMEX
Website: contangoore.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/14/2023 | $36.00 | Buy | Maxim Group |
| 1/7/2022 | $37.50 | Overweight | Cantor Fitzgerald |
8-K - Contango ORE, Inc. (0001502377) (Filer)
10-K/A - Contango ORE, Inc. (0001502377) (Filer)
8-K - Contango ORE, Inc. (0001502377) (Filer)
8-K - Contango ORE, Inc. (0001502377) (Filer)
10-K - Contango ORE, Inc. (0001502377) (Filer)
8-K - Contango ORE, Inc. (0001502377) (Filer)
8-K - Contango ORE, Inc. (0001502377) (Filer)
8-K - Contango ORE, Inc. (0001502377) (Filer)
8-K - Contango ORE, Inc. (0001502377) (Filer)
EFFECT - Contango ORE, Inc. (0001502377) (Filer)
Maxim Group initiated coverage of Contango ORE with a rating of Buy and set a new price target of $36.00
Cantor Fitzgerald initiated coverage of Contango Ore with a rating of Overweight and set a new price target of $37.50
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
4 - Contango ORE, Inc. (0001502377) (Issuer)
FAIRBANKS, Alaska, March 31, 2025 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) is pleased to announce that the Peak Gold JV has made cash distributions totaling $24 million ("M") to Contango in the first quarter of 2025 ("Q1-2025"). These distributions consist of two payments: $9 M related to additional cash profits from 2024 production, paid on March 12, 2025; and $15 M related to profits from the first half of Campaign #1 for 2025 ("Campaign #1-2025"), paid on March 27, 2025. Campaign #1-2025 is expected to be completed by late April, at which time a third cash distribution from gold sales is anticipated.
FAIRBANKS, Alaska, March 17, 2025 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) announced today that it filed its Form 10-K for the fiscal year ended December 31, 2024 ("FY2024") with the Securities and Exchange Commission. Other periods referenced in this release include the six-month transition period ended December 31, 2023 ("6ME12-2023"), and the fiscal year ended June 30, 2023 ("FY2023"). The Company's unrestricted cash position as of December 31, 2024 was $20.1 million ("M") compared to $15.5 M as of December 31, 2023. The Company reported t
FAIRBANKS, Alaska, Nov. 14, 2024 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) announced today it filed its Form 10-Q for the quarter ended September 30, 2024 ("Q3-2024") with the Securities and Exchange Commission. Periods referenced in this release include the nine month period ended September 30, 2024 ("YTD-2024"), the quarter ended September 30, 2023 ("Q3-2023") and the nine month period ended September 30, 2023 ("YTD-2023"). The Company's unrestricted cash position as of September 30, 2024 was $36.2 million ("M") compared to $24.1 M as of Jun
Growing an Emerging North American Gold Producer with an Industry Leading Pipeline of High-Grade Gold Deposits located in Alaska, USA Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) and HighGold Mining Inc. ("HighGold") (TSXV:HIGH, OTCQX:HGMIF) are pleased to announce that they have entered into a definitive arrangement agreement (the "Agreement") pursuant to which Contango will acquire all of the issued and outstanding shares of HighGold by way of a court approved plan of arrangement under the Business Corporations Act (British Columbia) (the "Transaction"). Under the terms of the Agreement, each HighGold share ("HighGold Share") will be exchanged for 0.019 shares of Conta
Contango ORE, Inc. ("Contango," "CORE" or the "Company") (NYSE: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 Kinross Board made a decision to proceed with development of the project. The FS outlines a plan to batch process the high grade approximately 8g/t Manh Choh ore through Kinross' Fort Knox mill. By utilizing the existing facilities at For
Contango ORE, Inc. ("CORE" or the "Company") (NYSE-A: CTGO) is pleased to provide shareholders and investors a review of accomplishments in 2021 as well as our plans for 2022. Outlined below are the 2021 accomplishments followed by plans for our 30% owned Manh Choh project, our 100% owned Lucky Shot project and our 100% owned early-stage Shamrock, Eagle-Hona and Triple Z properties. Rick Van Nieuwenhuyse, the Company's President and CEO stated: "We are pleased to provide our shareholders and investors in Contango a review of our accomplishments in 2021 and our plans for 2022. 2021 represented another year of COVID, but despite the difficulties of working in a continued pandemic environment
Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) announced today that the Company held its annual meeting of stockholders on November 14, 2023 and the following directors were elected to serve until the 2024 annual meeting of stockholders: Brad Juneau Rick Van Nieuwenhuyse Joseph S. Compofelice Curtis J. Freeman Richard A. Shortz The following proposals were also approved by the stockholders: The approval the 2023 Omnibus Incentive Plan; The ratification of the appointment of Moss Adams LLP as the independent auditors of the Company for the fiscal year ending June 30, 2024; The approval, on a non-binding advisory basis, of the compensation of the Company's named exe
Contango ORE, Inc. ("CORE" or the "Company") (NYSE: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: Brad Juneau Rick Van Nieuwenhuyse Joseph S. Compofelice Curtis J. Freeman Richard A. Shortz The following proposals were also approved by the stockholders: 1) The approval of the Second Amendment to the Amended and Restated 2010 Equity Compensation Plan; 2) The ratification of the appointment of Moss Adams LLP as the independent auditors of the Company for the fiscal year ending June 30, 2023; 3) The approval
FAIRBANKS, Ala., April 17, 2025 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) is pleased to announce that it has nominated two new independent directors to its board of directors (the "Board"), and that it will hold its 2025 Annual Meeting of Stockholders (the "Annual Meeting") virtually on Tuesday, June 10, 2025 at 10:00 am Central Time. The notice of the Annual Meeting and proxy materials will be sent on or shortly after April 29, 2025 to stockholders of record as of the close of business on April 11, 2025. The Board, based on the recommendation
FAIRBANKS, Alaska, March 31, 2025 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) is pleased to announce that the Peak Gold JV has made cash distributions totaling $24 million ("M") to Contango in the first quarter of 2025 ("Q1-2025"). These distributions consist of two payments: $9 M related to additional cash profits from 2024 production, paid on March 12, 2025; and $15 M related to profits from the first half of Campaign #1 for 2025 ("Campaign #1-2025"), paid on March 27, 2025. Campaign #1-2025 is expected to be completed by late April, at which time a third cash distribution from gold sales is anticipated.
FAIRBANKS, Alaska, March 17, 2025 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) announced today that it filed its Form 10-K for the fiscal year ended December 31, 2024 ("FY2024") with the Securities and Exchange Commission. Other periods referenced in this release include the six-month transition period ended December 31, 2023 ("6ME12-2023"), and the fiscal year ended June 30, 2023 ("FY2023"). The Company's unrestricted cash position as of December 31, 2024 was $20.1 million ("M") compared to $15.5 M as of December 31, 2023. The Company reported t
FAIRBANKS, Ark., Feb. 18, 2025 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) is pleased to announce that it has amended its credit facility (the "Facility") to defer $10.6 million ("M") of principal repayments and delivery of 15,000 hedged gold ounces into the first half of 2027 (the "New Repayment Schedule") and extend the maturity date of the Facility from December 31, 2026 to June 30, 2027. All other key terms of the Facility, including the interest rate, remain the same. The Company anticipates that the revised delivery schedule for the gold h
FAIRBANKS, Alaska, Dec. 18, 2024 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) is pleased to announce that the Peak Gold JV paid a cash distribution of $9.0 million to Contango on December 19, 2024. These proceeds relate to Contango's 30% of profits from the processing Manh Choh ore from Campaign #3. In total, Contango has received $40.5 million in cash distributions from the Peak Gold JV since commencing the processing of Manh Choh ore in July 2024. Production Statistics for 2024 Contango (30% basis) Gold production 42,000 ounces ("oz") Silver pr
FAIRBANKS, Alaska, Nov. 29, 2024 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) announced guidance today for its 30% interest in the Peak Gold JV, including reaffirmation of anticipated 2025 gold production and updated anticipated all-in sustaining costs ("AISC") for the mine and 2025 cash distributions from the Peak Gold JV. In addition, the Company provided an update on its credit facility (the "Facility") and related hedge contracts. The Company anticipates that its share of 2025 gold production from the Manh Choh mine will be approximately 60,0
FAIRBANKS, Alaska, Nov. 21, 2024 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) is pleased to announce drill results from the 2024 surface drill campaign and provide an update on its 2024 exploration and development program at the Johnson Tract polymetallic gold project (the Project). The Project hosts the high-grade Johnson Tract deposit (the JT Deposit) with an Indicated Resource of 1.05 million ounces at 9.39 grams per tonne (g/t) gold equivalent (AuEq) with average true thickness of 40 meters (m). The 2024 exploration program drilled approximately 3,000 m (9,842 feet) in 18 holes drilled to infill the upper one-third of the near vertical resource and three ho
FAIRBANKS, Alaska, Nov. 21, 2024 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) is pleased to announce drill results from the 2024 surface drill campaign and provide an update on its 2024 exploration and development program at the Johnson Tract polymetallic gold project (the Project). The Project hosts the high-grade Johnson Tract deposit (the JT Deposit) with an Indicated Resource of 1.05 million ounces at 9.39 grams per tonne (g/t) gold equivalent (AuEq) with average true thickness of 40 meters (m). The 2024 exploration program drilled approximately 3,000 m (9,842 feet) in 18 holes drilled to infill the upper one-third of the near vertical resource and three ho
FAIRBANKS, Alaska, Nov. 14, 2024 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) announced today it filed its Form 10-Q for the quarter ended September 30, 2024 ("Q3-2024") with the Securities and Exchange Commission. Periods referenced in this release include the nine month period ended September 30, 2024 ("YTD-2024"), the quarter ended September 30, 2023 ("Q3-2023") and the nine month period ended September 30, 2023 ("YTD-2023"). The Company's unrestricted cash position as of September 30, 2024 was $36.2 million ("M") compared to $24.1 M as of Jun
FAIRBANKS, AK, Nov. 7, 2024 /PRNewswire/ - Contango ORE, Inc. ("Contango" or the "Company") (NYSE:CTGO) is pleased to announce that the Peak Gold JV paid a cash distribution of $12.0 million on October 24, 2024. These proceeds relate to Contango's 30% of profits from the processing of Manh Choh ore from Campaign #2. In total, Contango has received $31.5 million in cash distributions from the Peak Gold JV since commencing the processing of Manh Choh ore in July 2024. The Peak Gold JV has completed two campaigns with a third campaign currently underway. Contango's 30% share of p
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