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Contango Ore Inc - CTGO STOCK NEWS

Welcome to our dedicated news page for Contango Ore (Ticker: CTGO), a resource for investors and traders seeking the latest updates and insights on Contango Ore.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Contango Ore's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Contango Ore's position in the market.

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Contango Ore Inc

NYSE:CTGO

CTGO Rankings

CTGO Stock Data

201.37M
5.50M
42.54%
27.86%
1.96%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
United States
Fairbanks

About CTGO

contango ore, inc. (otc:ctgo) recently completed a transaction that repositions the company as a well-capitalized us gold developer with a clear path to producing on average 65,000 geo/year at aisc of $750/geo. with less than 6 million shares issued and $35 million cash on hand, the company can easily meet its obligations to fund through to production without dilution. think about the free cash flow per share at current gold prices! how can we do this? the company recently formed a new partnership with kinross gold corporation - the peak gold jv (kinross 70% and contango 30% with kinross as manager and operator). ore from the peak gold jv will be processed at kinross' existing fort knox mining and milling complex. the use of the fort knox mill is expected to accelerate the development of peak gold and result in significantly reduced upfront capital development costs, smaller environmental footprint, a shorter permitting and development timeline and less overall risk for the project