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CTGOContango Ore, Inc.
$16.89$206M
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CTGO logoContango Ore, Inc.(CTGO)Earnings, Financials & Key Ratios

CTGO•AMEX
Price updated Jun 19, 2026
SectorBasic MaterialsIndustryGoldSub-IndustryEarly-stage gold explorers
AboutContango 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.Show more
  • Revenue$0
  • EBITDA$26M+250.6%
  • Net Income-$38M+53.4%
  • EPS (Diluted)-3.49+60.7%
  • ROE-2988.29%

CTGO Key Insights

Contango Ore, Inc. (CTGO) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

No significant strengths identified

✗Weaknesses

  • ✗High debt to equity ratio of 54.2x
  • ✗Profits declining 32.7% over 5 years
  • ✗Weak momentum: RS Rating 12 (bottom 12%)
  • ✗Shares diluted 18.7% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Expensive at 144.6x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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CTGO Price & Volume

Contango Ore, Inc. (CTGO) stock price & volume — 10-year historical chart

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CTGO Growth Metrics

Contango Ore, Inc. (CTGO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM30.53%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-23.45%

Return on Capital

10 Years-52.61%
5 Years-34.23%
3 Years-20.07%
Last Year50.7%

CTGO Recent Earnings

Contango Ore, Inc. (CTGO) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)
Q2 2026Latest
May 14, 2026
Metric
Actual
Est
EPS
$0.83-227.1%
$0.65
Rev
—
$21M
Q2 2026
Mar 16, 2026
Metric
Actual
Est
EPS
$0.10+233.3%
$0.07
Rev
—
$8M
Q4 2025
Nov 13, 2025
Metric
Actual
Est
EPS
$2.01+128.4%
$0.88
Rev
—
—
Q3 2025
Aug 13, 2025
Metric
Actual
Est
EPS
$4.22-5526.7%
$0.07
Rev
—
$9M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 14, 2026
$0.83vs $0.65-227.1%
—vs $21M
Q2 2026Mar 16, 2026
$0.10vs $0.07+233.3%
—vs $8M
Q4 2025Nov 13, 2025
$2.01vs $0.88+128.4%
—
Q3 2025Aug 13, 2025
$4.22vs $0.07-5526.7%
—vs $9M
Based on last 12 quarters of dataView full earnings history →

CTGO Peer Comparison

Contango Ore, Inc. (CTGO) competitors in Early-stage gold explorers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
USAU logoUSAUU.S. Gold Corp.Direct Competitor260.81M15.85-8.81-68.05%0.00
NEM logoNEMNewmont CorporationProduct Competitor115B103.7916.1919.08%30.54%15.58%0.01
AEM logoAEMAgnico Eagle Mines LimitedProduct Competitor83.49B166.6618.8143.71%37.48%19.25%0.01
KGC logoKGCKinross Gold CorporationProduct Competitor31.94B26.6713.4039.34%36.04%33.95%0.09
CDE logoCDECoeur Mining, Inc.Product Competitor11.4B17.5119.4696.41%31.15%15.17%0.11
HL logoHLHecla Mining CompanyProduct Competitor10.7B15.9632.5753.03%35.55%22.55%0.12
PAAS logoPAASPan American Silver Corp.Product Competitor20.65B49.0018.7730.63%31.69%19.63%0.13
EGO logoEGOEldorado Gold CorporationProduct Competitor6.53B33.0513.1739.93%28%12.42%0.30

Compare CTGO vs Peers

Contango Ore, Inc. (CTGO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs USAU

Most directly comparable listed peer for CTGO.

Scale Benchmark

vs CAT

Larger-name benchmark to compare CTGO against a more recognizable public peer.

Peer Set

Compare Top 5

vs USAU, NEM, AEM, KGC

CTGO Income Statement

Contango Ore, Inc. (CTGO) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricJun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Dec'23Jun'25TTM
Sales/Revenue
0000000000
Revenue Growth %
----------
Cost of Goods Sold
0000064.89K148.36K117.81K711.34K462.83K
COGS % of Revenue
----------
Gross Profit
0▲ 0%
0▲ 0%
0▲ 0%
0▲ 0%
0▲ 0%
-64.89K▲ 0%
-148.36K▼ 128.6%
-117.81K▲ 20.6%
-711.34K▼ 503.8%
-462.83K▲ 0%
Gross Margin %
----------
Gross Profit Growth %
100%------128.62%20.59%-503.81%-
Operating Expenses
2.84M3.77M4.44M5.59M10.66M19.48M17.5M17.65M-26.99M-45.67M
OpEx % of Revenue
----------
Selling, General & Admin
2.84M3.77M4.44M5.59M10.66M19.48M17.5M17.65M10.61M9.47M
SG&A % of Revenue
----------
Research & Development
0000000000
R&D % of Revenue
----------
Other Operating Expenses
0000-1789.39K-2690-37.6M-2M
Operating Income
-2.84M▲ 0%
-3.77M▼ 32.9%
-4.44M▼ 17.9%
-5.59M▼ 26.0%
-10.66M▼ 90.5%
-19.48M▼ 82.7%
-17.64M▲ 9.4%
-17.65M▼ 0.0%
26.28M▲ 248.9%
45.21M▲ 0%
Operating Margin %
----------
Operating Income Growth %
-132.46%-32.86%-17.86%-25.99%-90.55%-82.68%9.4%-0.02%248.9%-
EBITDA
00001K-19.42M-17.51M-17.53M26.4M45.38M
EBITDA Margin %
----------
EBITDA Growth %
------1942126%9.85%-0.13%250.59%-7.82%
D&A (Non-Cash Add-back)
2.84M3.77M4.44M5.59M10.66M55.74K136.5K117.81K121.88K165.45K
EBIT
-2.84M-6.19M-8.36M-9.24M25.17M-23.3M-17.64M-76.81M-26.38M-6.84M
Net Interest Income
00224.71K74.95K1.57K-329K-1.94M-4.58M-11.25M-3.36M
Interest Income
0158.78K224.71K74.95K1.57K1.5K29.65K137.32K480.24K2.41M
Interest Expense
00000330.05K1.97M4.72M11.73M5.77M
Other Income/Expense
0-2.42M-3.92M-3.65M35.83M-4.15M-22.1M-63.88M-64.39M-73M
Pretax Income
-2.84M▲ 0%
-6.19M▼ 118.2%
-8.36M▼ 35.0%
-9.24M▼ 10.6%
25.17M▲ 372.4%
-23.63M▼ 193.9%
-39.74M▼ 68.2%
-81.53M▼ 105.2%
-38.11M▲ 53.3%
-27.79M▲ 0%
Pretax Margin %
----------
Income Tax
00001.3M-120K00-83.4K56.55K
Effective Tax Rate %
0%0%0%0%5.17%0.51%0%0%0.22%-0.2%
Net Income
-2.84M▲ 0%
-6.19M▼ 118.2%
-8.36M▼ 35.0%
-9.24M▼ 10.6%
23.87M▲ 358.3%
-23.51M▼ 198.5%
-39.74M▼ 69.1%
-81.53M▼ 105.2%
-38.03M▲ 53.4%
-27.84M▲ 0%
Net Margin %
----------
Net Income Growth %
-132.46%-118.23%-35.01%-10.58%358.32%-198.48%-69.06%-105.16%53.36%30.53%
Net Income (Continuing)
-2.84M-6.19M-8.36M-9.24M23.87M-23.51M-39.74M-81.53M-38.03M-27.84M
Discontinued Operations
0000000000
Minority Interest
0000000000
EPS (Diluted)
-0.62▲ 0%
-1.09▼ 75.8%
-1.95▼ 78.9%
-1.43▲ 26.7%
3.82▲ 367.1%
-3.49▼ 191.4%
-5.61▼ 60.7%
-8.88▼ 58.3%
-3.49▲ 60.7%
-1.61▲ 0%
EPS Growth %
-100%-75.81%-78.9%26.67%367.13%-191.36%-60.75%-58.29%60.7%-23.45%
EPS (Basic)
-0.62-1.09-1.95-1.433.82-3.49-5.61-8.88-3.49-
Diluted Shares Outstanding
4.61M5.68M6.28M6.48M6.25M6.73M7.09M9.18M10.9M17.24M
Basic Shares Outstanding
4.58M5.67M6.28M6.48M6.25M6.73M7.09M9.18M10.9M17.24M
Dividend Payout Ratio
----------

CTGO Balance Sheet

Contango Ore, Inc. (CTGO) balance sheet — assets, liabilities & shareholders' equity

MetricJun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Dec'23Jun'25TTM
Total Current Assets
5.37M13.97M8.76M3.08M35.93M23.78M12.29M16.85M22.08M102.06M
Cash & Short-Term Investments
5.19M13.81M8.6M3.01M35.22M23.1M11.65M15.5M20.06M97.45M
Cash Only
5.19M13.81M8.6M3.01M35.22M23.1M11.65M15.5M20.06M97.45M
Short-Term Investments
0000000000
Accounts Receivable
0000198.13K000649.13K106.24K
Days Sales Outstanding
----------
Inventory
0000000000
Days Inventory Outstanding
----------
Other Current Assets
00000231K644.91K232.57K1.37M4.5M
Total Non-Current Assets
000036.53K13.51M13.37M41.74M111.81M394.19M
Property, Plant & Equipment
000036.53K13.51M13.37M13.33M50.58M339.62M
Fixed Asset Turnover
---------0.00x
Goodwill
0000000000
Intangible Assets
0000000000
Long-Term Investments
000000028.06M61.24M226.52M
Other Non-Current Assets
0000000350.57K00
Total Assets
5.37M▲ 0%
13.97M▲ 160.2%
8.76M▼ 37.3%
3.08M▼ 64.8%
35.97M▲ 1066.3%
37.29M▲ 3.7%
25.66M▼ 31.2%
58.59M▲ 128.3%
133.89M▲ 128.5%
496.25M▲ 0%
Asset Turnover
---------0.00x
Asset Growth %
308.91%160.2%-37.27%-64.8%1066.31%3.68%-31.19%128.31%128.52%438.23%
Total Current Liabilities
137.42K256.4K419.29K1.09M222.1K1.5M2.3M13.07M75.75M80.18M
Accounts Payable
50.86K11.19K71.41K83.16K26.27K633.86K220.75K250.74K418.84K2.5M
Days Payables Outstanding
-----3.57K543.1776.86214.912.65K
Short-Term Debt
00000007.9M42.6M12M
Deferred Revenue (Current)
0000000000
Other Current Liabilities
00000002.68M29.93M63.39M
Current Ratio
39.06x54.47x20.90x2.83x161.79x15.80x5.35x1.29x0.29x1.27x
Quick Ratio
39.06x54.47x20.90x2.83x161.79x15.80x5.35x1.29x0.29x1.27x
Cash Conversion Cycle
----------
Total Non-Current Liabilities
00001.2M22.52M28.14M60.06M56.87M94.54M
Long-Term Debt
0000019.24M25.46M36.78M26.37M20.97M
Capital Lease Obligations
0000000000
Deferred Tax Liabilities
00000000307K67.45M
Other Non-Current Liabilities
000003.28M2.68M23.28M30.19M16.91M
Total Liabilities
137.42K256.4K419.29K1.09M1.42M24.02M30.44M73.14M132.62M174.72M
Total Debt
0000019.24M25.46M44.68M68.97M32.97M
Net Debt
-5.19M-13.81M-8.6M-3.01M-35.22M-3.86M13.81M29.18M48.91M-64.48M
Debt / Equity
-----1.45x--54.19x0.10x
Debt / EBITDA
--------2.61x0.73x
Net Debt / EBITDA
-----35220.59x---1.85x-1.42x
Interest Coverage
------70.58x-8.95x-16.28x-2.25x-1.19x
Total Equity
5.23M▲ 0%
13.71M▲ 162.1%
8.34M▼ 39.2%
1.99M▼ 76.1%
34.55M▲ 1632.0%
13.27M▼ 61.6%
-4.77M▼ 136.0%
-14.54M▼ 204.7%
1.27M▲ 108.7%
321.53M▲ 0%
Equity Growth %
336.24%162.14%-39.15%-76.09%1631.97%-61.58%-135.96%-204.7%108.75%4216.98%
Book Value per Share
1.142.411.330.315.521.97-0.67-1.580.1218.65
Total Shareholders' Equity
5.23M13.71M8.34M1.99M34.55M13.27M-4.77M-14.54M1.27M321.53M
Common Stock
49.3K61.53K63.57K65.9K66.76K68.6K77.82K94.54K122.31K305.15K
Retained Earnings
-35.11M-41.3M-49.66M-58.9M-35.03M-58.53M-98.28M-139.04M-177.07M-227.46M
Treasury Stock
-207.4K00-476.67K0-2.32M0-48.31K-48.31K-48.31K
Accumulated OCI
0000000000
Minority Interest
0000000000

CTGO Cash Flow Statement

Contango Ore, Inc. (CTGO) cash flow — operating, investing & free cash flow history

MetricJun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Dec'23Jun'25TTM
Cash from Operations
-1.14M-1M-1.07M-1.39M-8.38M-13.95M-14.68M-9.43M698.99K-52.43M
Operating CF Margin %
----------
Operating CF Growth %
-65.02%12.41%-6.9%-30.08%-501.87%-66.45%-5.26%35.74%107.41%-44.24%
Net Income
-2.84M-6.19M-8.36M-9.24M23.87M-23.51M-39.74M-81.53M-38.03M-27.84M
Depreciation & Amortization
0000055.74K136.5K117.81K121.88K165.45K
Stock-Based Compensation
1.79M2.47M2.99M3.37M3.89M3.99M2.93M3.25M2.64M2.56M
Deferred Taxes
00000021.13M0-90.51K63.67K
Other Non-Cash Items
1.79M2.58M4.14M3.72M-35.83M3.86M34.59K69.24M37.7M-19.6M
Working Capital Changes
-93.94K139.1K157.36K759.06K-308.81K1.65M833.23K-505.8K-1.64M-7.78M
Change in Receivables
00000198.13K00-649.13K0
Change in Inventory
00000-198.13K0001.35M
Change in Payables
23.68B118.98B162.88B670.11B-867.29B1.27T793.79K00-2.83M
Cash from Investing
0-2.58M-4.14M-3.72M27.35M-15.39M-21.12M-34.39M-32.13M31.3M
Capital Expenditures
0000-36.53K-43.99K0-14.66K0-162.49K
CapEx % of Revenue
----------
Acquisitions
0-2.58M-4.14M-3.72M27.39M-15.35M-21.12M-719-32.11M-350K
Investments
----------
Other Investing
0-2.58K4.14M3.72M-27.39M-15.35K21.12M8.05K-23.67K30.79M
Cash from Financing
5.08M12.2M0-476.67K13.23M17.44M24.35M47.68M36.01M83.48M
Debt Issued (Net)
0000019.97M7.65M18.47M22.1M-24.7M
Equity Issued (Net)
-207.4K00-476.67K-876.55K-2.32M11.56M29.25M15.48M108.18M
Dividends Paid
0000000000
Share Repurchases
-207.4K00-476.67K-876.55K-1.54M-126000
Other Financing
5.29M12.2M0014.11M-208.24K5.14M-48.31K-1.57M0
Net Change in Cash
3.94M▲ 0%
8.62M▲ 118.9%
-5.21M▼ 160.4%
-5.59M▼ 7.3%
32.21M▲ 676.3%
-11.89M▼ 136.9%
-11.45M▲ 3.7%
-7.59M▲ 33.7%
4.58M▲ 160.3%
62.34M▲ 0%
Free Cash Flow
-1.14M▲ 0%
-1M▲ 12.4%
-1.07M▼ 6.9%
-1.39M▼ 30.1%
-8.41M▼ 504.5%
-13.99M▼ 66.2%
-14.68M▼ 4.9%
-9.44M▲ 35.7%
698.99K▲ 107.4%
-52.59M▲ 0%
FCF Margin %
----------
FCF Growth %
-65.02%12.41%-6.9%-30.08%-504.49%-66.25%-4.93%35.69%107.4%-256.16%
FCF per Share
-0.25-0.18-0.17-0.21-1.35-2.08-2.07-1.030.06-3.05
FCF Conversion (FCF/Net Income)
0.40x0.16x0.13x0.15x-0.35x0.59x0.37x0.12x-0.02x1.89x
Interest Paid
000000007.23M761.75K
Taxes Paid
00001.5M218.55K00656.24K0

CTGO Key Ratios

Contango Ore, Inc. (CTGO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)
-88.22%-65.35%-75.78%-178.77%130.63%-98.31%-935.02%--2988.29%-28.15%
Return on Invested Capital (ROIC)
------333.99%-143.4%-111.85%60.81%47.73%
Debt / Equity
-----1.45x--54.19x0.10x
Interest Coverage
------70.58x-8.95x-16.28x-2.25x-1.19x
FCF Conversion
0.40x0.16x0.13x0.15x-0.35x0.59x0.37x0.12x-0.02x1.89x
Related:CTGO Dividend History·CTGO Revenue History·CTGO Price History·CTGO P/E History·CTGO Financial Ratios·CTGO Institutional Holders

CTGO SEC Filings & Documents

Contango Ore, Inc. (CTGO) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 26, 2026·SEC

Material company update

May 15, 2026·SEC

Material company update

May 8, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 16, 2026·SEC

FY 2025

Mar 17, 2025·SEC

10-Q Quarterly Reports

5
FY 2026

May 14, 2026·SEC

FY 2025

Nov 13, 2025·SEC

FY 2025

Aug 13, 2025·SEC

CTGO Frequently Asked Questions

Contango Ore, Inc. (CTGO) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Contango Ore, Inc. (CTGO) grew revenue by 0.0% over the past year. Growth has been modest.

Contango Ore, Inc. (CTGO) reported a net loss of $27.8M for fiscal year 2025.

Dividend & Returns

Contango Ore, Inc. (CTGO) has a return on equity (ROE) of -2988.3%. Negative ROE indicates the company is unprofitable.

Contango Ore, Inc. (CTGO) had negative free cash flow of $52.6M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in CTGO back in 2010?

Total return calculator · dividends reinvested · 16+ years of data

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How much would $100/month in CTGO be worth today?

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