Contango Webinar Scheduled for Thursday February 12, 2026
Rhea-AI Summary
Contango ORE (NYSE American: CTGO) will host a webcast and conference call on February 12, 2026 at 12:00 PM PT / 3:00 PM ET to discuss a recent financing. According to the company, proceeds will be directed toward reducing the company’s hedge book.
Webcast link: https://6ix.com/event/contango-ore-update-on-feb-2026-financing
Positive
- None.
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
CTGO gained 0.94% while key gold peers such as HYMC (-6.89%), GORO (-4.65%), and USAU (-3.77%) declined, indicating today’s move is stock-specific rather than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 11 | Equity offering | Neutral | +0.9% | Underwritten offering to raise about $50M mainly to reduce hedge book. |
| Dec 08 | Merger announcement | Positive | -0.8% | Merger-of-equals with Dolly Varden to form mid-tier silver and gold producer. |
| Dec 02 | Permitting milestone | Positive | +6.3% | Johnson Tract accepted into FAST-41, improving federal permitting coordination. |
| Nov 19 | Drill program launch | Positive | -2.8% | Start of Lucky Shot drill campaign to support future feasibility study. |
| Nov 13 | Quarterly results | Positive | -3.5% | Record income from operations, strong cash, and low cash costs at Manh Choh. |
Positive operational and strategic news has often seen mixed-to-negative next-day price reactions, while regulatory/permitting milestones have aligned more clearly with positive moves.
Over the last few months, CTGO announced a $50M equity offering largely aimed at buying back gold hedge contracts, a merger-of-equals with Dolly Varden, and a FAST-41 designation for Johnson Tract. It also advanced the Lucky Shot drill program and reported record $25M income from operations and $107M cash. Despite generally constructive fundamentals, several strong fundamental updates saw negative next-day moves, underscoring a pattern of profit-taking or dilution concerns around good news.
Market Pulse Summary
This announcement sets a conference call and webcast to discuss the recent financing, with proceeds aimed at reducing the company’s hedge book. Context from recent filings shows a sizable equity raise and active balance-sheet management following strong operational results and a pending merger. Investors may focus on how much hedge exposure is reduced, updated capital allocation priorities, and any new color on integration and growth plans shared on the call.
Key Terms
webcast technical
hedge book financial
AI-generated analysis. Not financial advice.
Participants may join the webcast using the following login details:
https://6ix.com/event/contango-ore-update-on-feb-2026-financing
ABOUT CONTANGO
Contango is a NYSE American listed company that engages in exploration for and development of gold and associated minerals in
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements regarding Contango that are intended to be covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995, based on Contango's current expectations and includes statements regarding future results of operations, quality and nature of the asset base, the assumptions upon which estimates are based and other expectations, beliefs, plans, objectives, assumptions, strategies or statements about future events or performance (often, but not always, using words such as "expects", "projects", "anticipates", "plans", "estimates", "potential", "possible", "probable", or "intends", or stating that certain actions, events or results "may", "will", "should", or "could" be taken, occur or be achieved). Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those reflected in the statements. These risks include, but are not limited to: the risks of the exploration and the mining industry (for example, operational risks in exploring for and developing mineral reserves; risks and uncertainties involving geology; the speculative nature of the mining industry; the uncertainty of estimates and projections relating to future production, costs and expenses; the volatility of natural resources prices, including prices of gold and associated minerals; the existence and extent of commercially exploitable minerals in properties acquired by Contango or the Peak Gold JV; ability to realize the anticipated benefits of the Peak Gold JV; potential delays or changes in plans with respect to exploration or development projects or capital expenditures; the interpretation of exploration results and the estimation of mineral resources; the loss of key employees or consultants; health, safety and environmental risks and risks related to weather and other natural disasters); uncertainties as to the availability and cost of financing; Contango's inability to retain or maintain its relative ownership interest in the Peak Gold JV; inability to realize expected value from acquisitions; inability of our management team to execute its plans to meet its goals; the extent of disruptions caused by an outbreak of disease, such as the COVID-19 pandemic; and the possibility that government policies may change, political developments may occur or governmental approvals may be delayed or withheld, including as a result of presidential and congressional elections in the
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SOURCE Contango Ore