What is CONTANGO SILVER & GOLD INC's earnings per share (EPS)?

CONTANGO SILVER & GOLD INC (CTGO) reported diluted earnings per share of $-2.80 for fiscal year 2025. This represents a 19.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

CONTANGO SILVER & GOLD INC Financials

CTGO

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows CONTANGO SILVER & GOLD INC (CTGO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CTGO FY2025 2026-05-14

Operations turned cash-positive, but balance-sheet repair rather than reported profit is the clearest mechanic in FY2025.

From FY2024 to FY2025, operating income improved from $26.3M to $69.1M and operating cash flow swung from $699K to $25.7M, yet net loss stayed large at -$36.1M; that combination says the underlying asset base is contributing cash, while costs below the operating line are still absorbing the benefit. The key shift is that losses are no longer purely a cash-burn story.

Liquidity improved sharply: cash rose from $20.1M to $64.8M and the current ratio moved from 0.3x to 0.9x between FY2024 and FY2025. That does not eliminate pressure—current liabilities still exceed current assets—but it looks more like a near-term funding gap than the acute squeeze visible a year earlier.

Expansion has been externally financed, not internally funded: total assets nearly tripled from $58.6M in FY2023 to $172.0M in FY2025 while shares outstanding increased from 9.5M to 15.0M and financing cash flow added about $54.4M across FY2024-FY2025. The business appears to be building scale first and asking the capital structure to catch up later.

Financial Health Signals

Financial Profile 15/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of CONTANGO SILVER & GOLD INC's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Leverage

CONTANGO SILVER & GOLD INC carries a low D/E ratio of 1.19, meaning only $1.19 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 78/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

CONTANGO SILVER & GOLD INC's current ratio of 0.90 is below the typical benchmark, resulting in a score of 13/100. However, the company holds substantial cash reserves (85% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.

Returns

CONTANGO SILVER & GOLD INC generates a -143.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -2988.3% the prior year.

Piotroski F-Score Neutral

5/9

CONTANGO SILVER & GOLD INC passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass.

Earnings Quality Mixed

-0.71x

For every $1 of reported earnings, CONTANGO SILVER & GOLD INC generates $-0.71 in operating cash flow ($25.7M OCF vs -$36.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage Safe

9.1x

CONTANGO SILVER & GOLD INC earns $9.1 in operating income for every $1 of interest expense ($69.1M vs $7.6M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

$69.2M

YoY+162.2%

CONTANGO SILVER & GOLD INC's EBITDA was $69.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 162.2% from the prior year.

Net Income

-$36.1M

YoY+5.1%

CONTANGO SILVER & GOLD INC reported -$36.1M in net income in fiscal year 2025. This represents an increase of 5.1% from the prior year.

EPS (Diluted)

$-2.80

YoY+19.8%

CONTANGO SILVER & GOLD INC earned $-2.80 per diluted share (EPS) in fiscal year 2025. This represents an increase of 19.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$64.8M

YoY+223.2%

5Y CAGR+84.8%

10Y CAGR+34.1%

CONTANGO SILVER & GOLD INC held $64.8M in cash against $29.9M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

15M

YoY+22.4%

5Y CAGR+17.9%

10Y CAGR+14.7%

CONTANGO SILVER & GOLD INC had 15M shares outstanding in fiscal year 2025. This represents an increase of 22.4% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

-143.8%

YoY+2844.5pp

5Y CAGR+319.4pp

10Y CAGR+48.1pp

CONTANGO SILVER & GOLD INC's ROE was -143.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2844.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

CTGO Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$13.1M+23.3%	$10.6M-5.6%	$11.2M+8.8%	$10.3M-0.2%	$10.4M+85.2%	$5.6M
Operating Income	$69.1M+162.9%	$26.3M+179.4%	-$33.1M	N/A	N/A	N/A
Interest Expense	-$7.6M+35.2%	-$11.7M-242.8%	-$3.4M-1136.9%	$330K	$0	N/A
Income Tax	$303K+463.6%	-$83K	$0+100.0%	-$120K-109.2%	$1.3M	$0
Net Income	-$36.1M+5.1%	-$38.0M+35.7%	-$59.1M-151.4%	-$23.5M-198.5%	$23.9M+358.3%	-$9.2M
EPS (Diluted)	$-2.80+19.8%	$-3.49+51.1%	$-7.14-104.6%	$-3.49-191.4%	$3.82+367.1%	$-1.43

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$134.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	$76.1M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$57.9M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$3.9M	N/A	$2.5M-20.1%	$3.1M+27.2%	$2.4M	N/A	$2.6M+19.1%	$2.2M
Operating Income	$4.8M	N/A	$25.0M+8.4%	$23.0M+19.6%	$19.3M	N/A	$22.7M+837.8%	-$3.1M
Interest Expense	-$920K	N/A	-$1.7M+15.2%	-$2.0M+26.0%	-$2.7M	N/A	-$3.7M-26.1%	-$2.9M
Income Tax	-$23K	N/A	-$73K-39.6%	-$52K-123.4%	$224K	N/A	$719K	$0
Net Income	-$14.3M	N/A	-$5.4M-133.9%	$15.9M+170.6%	-$22.5M	N/A	-$9.7M+47.6%	-$18.5M
EPS (Diluted)	$-0.83	N/A	$-0.44-135.5%	$1.24+166.0%	$-1.88	N/A	$-0.81+57.4%	$-1.90

CTGO Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$172.0M+28.4%	$133.9M+128.5%	$58.6M+57.1%	$37.3M+3.7%	$36.0M+1066.3%	$3.1M
Current Assets	$68.3M+209.5%	$22.1M+31.0%	$16.9M-29.1%	$23.8M-33.8%	$35.9M+1065.1%	$3.1M
Cash & Equivalents	$64.8M+223.2%	$20.1M+29.4%	$15.5M-32.9%	$23.1M-34.4%	$35.2M+1069.4%	$3.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$146.9M+10.7%	$132.6M+81.3%	$73.1M+204.5%	$24.0M+1589.0%	$1.4M+30.5%	$1.1M
Current Liabilities	$76.3M+0.7%	$75.8M+479.5%	$13.1M+768.6%	$1.5M+577.5%	$222K-79.6%	$1.1M
Long-Term Debt	$29.9M+13.2%	$26.4M-28.3%	$36.8M+91.2%	$19.2M	$0	$0
Total Equity	$25.1M+1872.1%	$1.3M+108.7%	-$14.5M-209.6%	$13.3M-61.6%	$34.5M+1632.0%	$2.0M
Retained Earnings	-$213.2M-20.4%	-$177.1M-27.4%	-$139.0M-137.5%	-$58.5M-67.1%	-$35.0M+40.5%	-$58.9M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$496.2M+188.6%	$172.0M-21.0%	$217.7M+42.1%	$153.1M+3.9%	$147.4M+10.1%	$133.9M-15.4%	$158.3M+69.1%	$93.6M
Current Assets	$102.1M+49.3%	$68.3M-36.8%	$108.1M+178.0%	$38.9M+4.9%	$37.1M+67.8%	$22.1M-41.1%	$37.5M+46.2%	$25.6M
Cash & Equivalents	$97.5M+50.3%	$64.8M-39.4%	$107.0M+193.5%	$36.5M+4.2%	$35.0M+74.4%	$20.1M-44.5%	$36.2M+49.9%	$24.1M
Inventory	N/A	N/A	N/A	$804K	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$174.7M+19.0%	$146.9M-13.5%	$169.8M+9.2%	$155.5M-7.4%	$167.9M+26.6%	$132.6M-21.3%	$168.5M+28.2%	$131.5M
Current Liabilities	$80.2M+5.1%	$76.3M-19.8%	$95.2M+15.9%	$82.1M-9.8%	$91.0M+20.1%	$75.8M-5.9%	$80.5M+59.3%	$50.5M
Long-Term Debt	$21.0M-29.8%	$29.9M-2.4%	$30.6M-1.4%	$31.0M-1.0%	$31.4M+18.9%	$26.4M-32.3%	$39.0M-12.8%	$44.7M
Total Equity	$321.5M+1181.1%	$25.1M-47.5%	$47.8M+2099.2%	-$2.4M+88.3%	-$20.5M-1711.1%	$1.3M+112.5%	-$10.2M+73.0%	-$37.9M
Retained Earnings	-$227.5M-6.7%	-$213.2M-12.7%	-$189.1M-2.9%	-$183.7M+8.0%	-$199.6M-12.7%	-$177.1M+5.7%	-$187.8M-5.5%	-$178.1M

CTGO Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$25.7M+3581.6%	$699K+105.2%	-$13.6M+2.7%	-$13.9M-66.4%	-$8.4M-501.9%	-$1.4M
Capital Expenditures	N/A	N/A	$0-100.0%	$44K+20.4%	$37K	N/A
Free Cash Flow	N/A	N/A	-$13.6M+3.0%	-$14.0M-66.2%	-$8.4M	N/A
Investing Cash Flow	$513K+101.6%	-$32.1M+30.5%	-$46.2M-200.1%	-$15.4M-156.3%	$27.4M+835.3%	-$3.7M
Financing Cash Flow	$18.4M-49.0%	$36.0M-45.9%	$66.5M+281.3%	$17.4M+31.8%	$13.2M+2876.5%	-$477K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$49.6M-43.9%	-$34.5M-248.2%	$23.3M+177.7%	$8.4M-70.7%	$28.6M+387.3%	-$9.9M-156.8%	$17.5M+816.7%	-$2.4M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	$35K+10663.7%	-$333
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$17.5M+815.2%	-$2.4M
Investing Cash Flow	$30.8M+3417.6%	$875K+533.0%	-$202K-26.4%	-$160K	$0+100.0%	-$215K+95.4%	-$4.7M+60.4%	-$11.8M
Financing Cash Flow	$51.4M+701.8%	-$8.5M-118.0%	$47.5M+790.6%	-$6.9M+49.7%	-$13.7M-130.3%	-$5.9M-661.1%	-$779K-102.5%	$30.7M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CTGO Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	-143.8%+2844.5pp	-2988.3%	N/A	-177.1%-246.2pp	69.1%+532.3pp	-463.2%
Return on Assets	-21.0%+7.4pp	-28.4%+72.5pp	-100.9%-37.8pp	-63.0%-129.4pp	66.4%+366.0pp	-299.6%
Current Ratio	0.90+0.6	0.29-1.0	1.29-14.5	15.80-146.0	161.79+159.0	2.83
Debt-to-Equity	1.19-19.5	20.72+23.2	-2.53-4.0	1.45+1.4	0.000.0	0.00
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	43.2%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	3.6%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-10.7%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	-4.5%	N/A	-11.3%	N/A	N/A	N/A	N/A	N/A
Return on Assets	-2.9%	N/A	-2.5%-12.9pp	10.4%+25.7pp	-15.3%	N/A	-6.1%+13.7pp	-19.8%
Current Ratio	1.27+0.4	0.90-0.2	1.14+0.7	0.47+0.1	0.41+0.1	0.29-0.2	0.47-0.0	0.51
Debt-to-Equity	0.07-1.1	1.19+0.5	0.64+13.6	-12.98-11.5	-1.53-22.2	20.72+24.5	-3.81-2.6	-1.18
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.90), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Is CONTANGO SILVER & GOLD INC profitable?

No, CONTANGO SILVER & GOLD INC (CTGO) reported a net income of -$36.1M in fiscal year 2025.

What is CONTANGO SILVER & GOLD INC's EBITDA?

CONTANGO SILVER & GOLD INC (CTGO) had EBITDA of $69.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does CONTANGO SILVER & GOLD INC have?

As of fiscal year 2025, CONTANGO SILVER & GOLD INC (CTGO) had $64.8M in cash and equivalents against $29.9M in long-term debt.

What is CONTANGO SILVER & GOLD INC's return on equity (ROE)?

CONTANGO SILVER & GOLD INC (CTGO) has a return on equity of -143.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is CONTANGO SILVER & GOLD INC's operating cash flow?

CONTANGO SILVER & GOLD INC (CTGO) generated $25.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are CONTANGO SILVER & GOLD INC's total assets?

CONTANGO SILVER & GOLD INC (CTGO) had $172.0M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does CONTANGO SILVER & GOLD INC have outstanding?

CONTANGO SILVER & GOLD INC (CTGO) had 15M shares outstanding as of fiscal year 2025.

What is CONTANGO SILVER & GOLD INC's current ratio?

CONTANGO SILVER & GOLD INC (CTGO) had a current ratio of 0.90 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is CONTANGO SILVER & GOLD INC's debt-to-equity ratio?

CONTANGO SILVER & GOLD INC (CTGO) had a debt-to-equity ratio of 1.19 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is CONTANGO SILVER & GOLD INC's return on assets (ROA)?

CONTANGO SILVER & GOLD INC (CTGO) had a return on assets of -21.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is CONTANGO SILVER & GOLD INC's Piotroski F-Score?

CONTANGO SILVER & GOLD INC (CTGO) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are CONTANGO SILVER & GOLD INC's earnings high quality?

CONTANGO SILVER & GOLD INC (CTGO) has an earnings quality ratio of -0.71x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can CONTANGO SILVER & GOLD INC cover its interest payments?

CONTANGO SILVER & GOLD INC (CTGO) has an interest coverage ratio of 9.1x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is CONTANGO SILVER & GOLD INC?

CONTANGO SILVER & GOLD INC (CTGO) scores 15 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.