Contango Ore Stock: The Company Is Going To Finally Generate Revenue [Seeking Alpha]
Contango ORE, Inc. (CTGO)
NASDAQ:AMEX Investor Relations:
contangoore.com/investor.html
Company Research
Source: Seeking Alpha
Contango Ore, Inc. is transitioning from exploration to revenue generation, with its Manh Choh Mine producing gold and generating $32m in initial revenues. The company expects to produce 67,500 oz of gold annually for the next 4.5 years, with promising projects like Lucky Shot and Johnson Tract in the pipeline. Financially, CTG aims to pay down its $45m debt by 2025, leveraging $75m in expected free cash flow from the Manh Choh Mine. Despite risks like fluctuating gold prices and potential lower recovery rates at new sites, I am cautiously optimistic and initiate coverage with a hold rating. domnicky/iStock via Getty Images Introduction I wanted to look at Contango Ore, Inc. ( NYSE: CTGO because it is not covered by the Street and is well out of the vision of most investors out there. I wanted to cover This article was written by Gytis Zizys 2.73K Follower s Follow MSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing
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CTGO
News
- Contango Ore Provides Update and 2024 Drill Results for the Johnson Tract Project, Alaska, USA [Yahoo! Finance]Yahoo! Finance
- Contango Ore Provides Update and 2024 Drill Results for the Johnson Tract Project, Alaska, USAPR Newswire
- Contango Ore files for $200M mixed securities shelf [Seeking Alpha]Seeking Alpha
- Contango Announces Earnings for the Quarter Ended September 30, 2024 [Yahoo! Finance]Yahoo! Finance
- Contango Announces Earnings for the Quarter Ended September 30, 2024PR Newswire
CTGO
Earnings
- 11/14/24 - Miss
CTGO
Sec Filings
- 11/21/24 - Form 8-K
- 11/15/24 - Form S-3
- 11/15/24 - Form SC
- CTGO's page on the SEC website