Contango ORE (CTGO) Stock Price, News & Analysis

Company Overview

Contango ORE Royalty Trust (NYSE American: CTGO) is a grantor royalty trust that holds net overriding royalty interests in oil and gas properties. As a non‐operating entity, the trust itself does not engage in exploration, drilling or production activities but instead receives a percentage of revenues generated by producing wells. This structure offers investors exposure to commodity price movements and production volumes without the direct capital expenditure or operational risks associated with upstream oil and gas companies.

The trust’s assets consist primarily of royalty interests in offshore leases located on the continental shelf of the Gulf of Mexico. Under its agreements, Contango ORE Royalty Trust is entitled to a fixed portion of production proceeds from these properties, covering both oil and natural gas output. The revenue streams are derived from multiple operators active in the region, providing a diversified set of producing wells across established fields.

Established in 1987 by Contango Oil & Gas Company, Contango ORE Royalty Trust was organized to deliver regular income distributions to unitholders. The trust is administered by Wilmington Trust Company, which serves as trustee and oversees the collection and distribution of royalty payments in accordance with the trust agreement. Units of the trust trade on the NYSE American under the ticker CTGO, offering investors a passive, income‐focused vehicle tied to Gulf of Mexico production.

Key Stats

• Today's Range: $22.04 to $22.80
• 50-Day Range: $18.64 to $22.60
• 52-Week Range: $8.85 to $23.95
• Volume: 86,741 shs
• Average Volume: 79,441 shs
• Market Capitalization: $281.53 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $33.34
• Consensus Rating: Buy

Contango ORE Stock Analysis - MarketRank™

Contango ORE scored higher than 66% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Contango ORE has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Upside Potential

Contango ORE has a consensus price target of $33.34, representing about 50.0% upside from its current price of $22.22.

Amount of Analyst Coverage

Contango ORE has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Contango ORE are expected to grow in the coming year, from ($5.36) to ($1.93) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Contango ORE is -82.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Contango ORE is -82.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Contango ORE has a P/B Ratio of 222.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.67% of the float of Contango ORE has been sold short.

Short Interest Ratio / Days to Cover

Contango ORE has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in Contango ORE has recently decreased by 13.91%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Contango ORE does not currently pay a dividend.

Dividend Growth

Contango ORE does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.67% of the float of Contango ORE has been sold short.

Short Interest Ratio / Days to Cover

Contango ORE has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in Contango ORE has recently decreased by 13.91%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 4.4 / 5
• News Sentiment: 1.87

News Sentiment

Contango ORE has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Contango ORE this week, compared to 1 article on an average week.

Search Interest

1 people have searched for CTGO on MarketBeat in the last 30 days.

MarketBeat Follows

4 people have added Contango ORE to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Contango ORE insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $759,927.00 in company stock.

Percentage Held by Insiders

14.40% of the stock of Contango ORE is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 19.14% of the stock of Contango ORE is held by institutions.

CTGO Stock Analysis - Frequently Asked Questions

How have CTGO shares performed this year?

Contango ORE's stock was trading at $10.61 on January 1st, 2025. Since then, CTGO stock has increased by 109.4% and is now trading at $22.22.

How were Contango ORE's earnings last quarter?

Contango ORE, Inc. (NYSEAMERICAN:CTGO) released its quarterly earnings data on Tuesday, August, 13th. The company reported ($1.90) EPS for the quarter, missing analysts' consensus estimates of ($1.40) by $0.50.

Who are Contango ORE's major shareholders?

Contango ORE's top institutional shareholders include Geode Capital Management LLC (1.69%), Marshall Wace LLP (0.67%), Minerva Advisors LLC (0.61%) and Raffles Associates LP (0.56%). Insiders that own company stock include Nieuwenhuyse Rick Van, John B Juneau, Joseph S Compofelice, Richard Shortz and Michael Aaron Clark.
View institutional ownership trends.

How do I buy shares of Contango ORE?

Shares of CTGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Contango ORE own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Contango ORE investors own include Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Meta Platforms (META), Netflix (NFLX) and Alphabet (GOOG).

Company Calendar

• Last Earnings: 8/13/2024
• Today: 9/13/2025
• Next Earnings (Estimated): 11/13/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Basic Materials
• Industry: MINING - MISC
• Sub-Industry: Precious Metals
• Current Symbol: NYSEAMERICAN:CTGO
• CIK: 1502377
• Web: www.contangoore.com
• Phone: (713) 877-1311
• Fax: 713-621-7329
• Employees: 10
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Contango ORE: $33.34
• High Price Target: $37.00
• Low Price Target: $29.67
• Potential Upside/Downside: +50.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): ($7.82)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$38.03 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -597.15%
• Return on Assets: 32.08%

Debt

• Debt-to-Equity Ratio: 20.71
• Current Ratio: 0.47
• Quick Ratio: 0.46

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.10 per share
• Price / Book: 222.20

Miscellaneous

• Outstanding Shares: 12,670,000
• Free Float: 10,846,000
• Market Cap: $281.53 million
• Optionable: Not Optionable
• Beta: -0.17