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Contango Ore Stock Price, News & Analysis

CTGO NYSE

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

Contango Ore, Inc. (CTGO) provides investors and industry observers with comprehensive updates on its Alaska-focused gold exploration and strategic partnerships. This page aggregates official announcements, operational milestones, and corporate developments related to the company's mineral projects and joint ventures.

Access timely updates on CTGO's exploration progress at the Tetlin Property, Peak Gold JV operations with Kinross Gold, and resource development initiatives. The curated collection includes earnings reports, technical updates, and partnership announcements – essential resources for tracking the company's execution of its Alaska-focused gold strategy.

Key content undergoes verification to ensure accuracy and relevance for stakeholders. Regular updates cover production advancements, environmental stewardship initiatives, and corporate financial updates while maintaining compliance with disclosure regulations.

Bookmark this page or check regularly for authoritative updates on CTGO's progress in developing cost-efficient gold production through established infrastructure and strategic alliances in North America's premier mining jurisdictions.

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Rhea-AI Summary

Contango ORE, Inc. (CTGO) has announced a US$70 million senior secured loan facility arranged with ING Capital and Macquarie to finance pre-production construction and operational costs for the Peak Gold Joint Venture (PGJV) in Alaska. Contango holds a 30% stake in PGJV, which has commenced early work construction after receiving federal permits, with first gold production projected for the second half of 2024. The project features high-grade gold potential and has secured strong interest from lenders. The facility is subject to customary approvals and expected to close in April 2023.

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Contango ORE, Inc. (CTGO) reported a net loss of $(14.3) million for Q4 2022, translating to $(2.10) per share, a significant increase from a loss of $(4.9) million in Q4 2021. For the first six months of 2022, losses reached $(21.4) million or $(3.15) per share, up from $(9.4) million year-over-year. The rising losses are attributed to increased expenses related to exploration and development at the Lucky Shot project, alongside costs from its 30% stake in Peak Gold, LLC. The company anticipates additional losses until commercial production at the Manh Choh project begins in late 2024, aiming for an output of 225,000 GEO annually.

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FAQ

What is the current stock price of Contango Ore (CTGO)?

The current stock price of Contango Ore (CTGO) is $19.77 as of July 18, 2025.

What is the market cap of Contango Ore (CTGO)?

The market cap of Contango Ore (CTGO) is approximately 250.7M.
Contango Ore

NYSE:CTGO

CTGO Rankings

CTGO Stock Data

250.69M
8.45M
37.86%
26.76%
6.32%
Gold
Gold and Silver Ores
Link
United States
HOUSTON