CTGO

Stats

Summary

contango ore, inc. (otc:ctgo) recently completed a transaction that repositions the company as a well-capitalized us gold developer with a clear path to producing on average 65,000 geo/year at aisc of $750/geo. with less than 6 million shares issued and $35 million cash on hand, the company can easily meet its obligations to fund through to production without dilution. think about the free cash flow per share at current gold prices! how can we do this? the company recently formed a new partnership with kinross gold corporation - the peak gold jv (kinross 70% and contango 30% with kinross as manager and operator). ore from the peak gold jv will be processed at kinross' existing fort knox mining and milling complex. the use of the fort knox mill is expected to accelerate the development of peak gold and result in significantly reduced upfront capital development costs, smaller environmental footprint, a shorter permitting and development timeline and less overall risk for the project

Market Cap: 187 Million

Primary Exchange: NYSE MKT LLC

Website: contangoore.com

Shares Outstanding: 9.4 Million

Float: 0

Dividend: 0.0 (0.0%)

Beta: 0.8987093423030936

Sector: Mining, Quarrying, and Oil and Gas Extraction

Industry: Dimension Stone Mining and Quarrying

Ethical Flags

Longest drawdown: 274 trading days

From: 2021-11-26 To: 2022-09-01

Lowest Point: