Q1 Earnings Estimate for Contango Ore Issued By Roth Capital

Contango Ore, Inc. (NYSEAMERICAN:CTGO - Free Report) - Research analysts at Roth Capital issued their Q1 2026 EPS estimates for shares of Contango Ore in a report issued on Thursday, May 29th. Roth Capital analyst M. Niehuser forecasts that the company will earn $0.35 per share for the quarter. The consensus estimate for Contango Ore's current full-year earnings is ($5.36) per share. Roth Capital also issued estimates for Contango Ore's Q2 2026 earnings at $0.20 EPS, Q3 2026 earnings at $0.74 EPS, Q4 2026 earnings at $0.89 EPS and FY2026 earnings at $2.18 EPS.

Separately, Fundamental Research set a $29.67 target price on shares of Contango Ore and gave the company a "buy" rating in a research note on Wednesday, February 19th.

Contango Ore Trading Up 2.3%

NYSEAMERICAN:CTGO traded up $0.47 during trading hours on Monday, hitting $20.74. The stock had a trading volume of 93,561 shares, compared to its average volume of 104,396. The company has a market cap of $253.65 million, a PE ratio of -2.65 and a beta of 0.55. The business has a 50 day simple moving average of $13.86 and a two-hundred day simple moving average of $14.14. Contango Ore has a 1-year low of $8.85 and a 1-year high of $25.32.

Institutional Trading of Contango Ore

Large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its holdings in shares of Contango Ore by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 222,074 shares of the company's stock valued at $2,226,000 after purchasing an additional 2,378 shares during the period. Gabelli Funds LLC grew its position in Contango Ore by 18.8% in the 1st quarter. Gabelli Funds LLC now owns 126,479 shares of the company's stock valued at $1,291,000 after buying an additional 20,000 shares in the last quarter. Northern Trust Corp increased its stake in Contango Ore by 2.9% during the 4th quarter. Northern Trust Corp now owns 86,882 shares of the company's stock valued at $871,000 after buying an additional 2,482 shares during the period. Marshall Wace LLP lifted its stake in shares of Contango Ore by 465.2% in the 4th quarter. Marshall Wace LLP now owns 70,438 shares of the company's stock worth $706,000 after acquiring an additional 57,976 shares during the period. Finally, Wittenberg Investment Management Inc. boosted its holdings in shares of Contango Ore by 30.5% in the first quarter. Wittenberg Investment Management Inc. now owns 47,470 shares of the company's stock valued at $485,000 after acquiring an additional 11,100 shares in the last quarter. 19.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Nieuwenhuyse Rick Van bought 10,000 shares of the business's 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 completion of the purchase, the chief executive officer now owns 545,869 shares of the company's stock, valued at $5,447,772.62. This represents a 1.87% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have acquired a total of 22,500 shares of company stock worth $253,650 over the last quarter. 17.80% of the stock is owned by company insiders.

About Contango Ore

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.