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Stock impact report

Contango Announces Earnings for the Quarter Ended September 30, 2024 [Yahoo! Finance]

Contango ORE, Inc. (CTGO) 
NASDAQ:AMEX Investor Relations: contangoore.com/investor.html
Company Research Source: Yahoo! Finance
Form 10-Q for the quarter ended September 30, 2024 ("Q3-2024") with the Securities and Exchange Commission. Periods referenced in this release include the nine month period ended September 30, 2024 ("YTD-2024"), the quarter ended September 30, 2023 ("Q3-2023") and the nine month period ended September 30, 2023 ("YTD-2023"). The Company's unrestricted cash position as of September 30, 2024 was $36.2 million ("M") compared to $24.1 M as of June 30, 2024 and $15.5 M as of December 31, 2023 Rick Van Nieuwenhuyse , the Company's President and CEO commented, "It has been a milestone quarter for Contango with the commencement of gold production at Manh Choh. We anticipate producing near the upper end of our 2024 guidance with gold production of approximately 38,500 ounces. The Company realized an average blended gold price of per ounce of gold sold, which includes delivering 14,825 ounces into the hedge contracts priced at per ounce (net) and selling 12,850 ounces of gold at an average s Show less Read more
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