Contango Ore (NYSEAMERICAN:CTGO - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Tuesday, May 13th. Analysts expect Contango Ore to post earnings of ($0.32) per share for the quarter.
Contango Ore Stock Performance
Shares of NYSEAMERICAN CTGO traded down $0.17 during trading hours on Friday, hitting $13.79. 78,905 shares of the stock were exchanged, compared to its average volume of 99,948. Contango Ore has a 1-year low of $8.85 and a 1-year high of $25.32. The company has a market cap of $168.65 million, a PE ratio of -1.76 and a beta of 0.55. The company's fifty day simple moving average is $11.49 and its two-hundred day simple moving average is $14.05.
Analysts Set New Price Targets
Separately, Fundamental Research set a $29.67 price target on Contango Ore and gave the company a "buy" rating in a research report on Wednesday, February 19th.
View Our Latest Analysis on Contango Ore
Insider Activity at Contango Ore
In other Contango Ore news, CEO Nieuwenhuyse Rick Van bought 10,000 shares of Contango Ore stock in a transaction on Tuesday, March 25th. The shares were bought at an average cost of $9.98 per share, for a total transaction of $99,800.00. Following the acquisition, the chief executive officer now directly owns 545,869 shares in the company, valued at $5,447,772.62. This represents a 1.87 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have bought a total of 22,500 shares of company stock worth $253,650 over the last quarter. Insiders own 17.80% of the company's stock.
Institutional Trading of Contango Ore
A hedge fund recently raised its stake in Contango Ore stock. Bank of America Corp DE lifted its stake in shares of Contango Ore, Inc. (NYSEAMERICAN:CTGO - Free Report) by 40.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,262 shares of the company's stock after buying an additional 2,936 shares during the quarter. Bank of America Corp DE owned 0.08% of Contango Ore worth $103,000 as of its most recent filing with the SEC. Institutional investors own 19.14% of the company's stock.
About Contango Ore
(
Get Free Report)
Contango Ore, Inc, an exploration stage company, engages in the exploration and development of mineral properties in Alaska, the United States. It primarily explores for gold, silver, and copper ores. The company was founded in 2009 and is headquartered in Fairbanks, Alaska.
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