Added to YB: 2025-03-14
Pitch date: 2025-03-13
CTGO [bullish]
Contango Ore, Inc.
+192.12%
current return
Author Info
Junior Resource Investing is a former professional academic researcher now working to uncover high-quality plays in the junior resource sector. Sign up for the newsletter.
Company Info
Contango Ore, Inc., an exploration stage company, engages in the exploration and development of mineral properties in Alaska, the United States.
Market Cap
$317.7M
Pitch Price
$9.52
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.20
P/E
-206.57
EV/Sales
N/A
Sector
Metals and Mining
Category
growth
Contango Ore: Producing High-Grade Gold at All-Time High Gold Prices
CTGO: DSO model proving successful with 60k oz gold forecast for 2024. Short-term challenges (bridge, moisture, hedging) impacting margins, but solutions in progress. Debt-free by 2027, tripling cash flow. Two more projects (Johnson Tract, Lucky Shot) could add 100-200k oz GEO. Undervalued at $110M market cap.
Read full article (8 min)