CTGO stock icon

Contango ORE
CTGO

$23.05
2.54%

Market Cap: 278M

 

About: Contango Ore Inc operates in the United States. The company is engaged in the exploration of gold, silver, and copper ores in the State of Alaska. The company's primary focus is the exploration of a mineral lease with the Native Village of Tetlin whose governmental entity is the Tetlin Tribal Council for the exploration of minerals near Tok, Alaska. It has formed a joint venture to advance exploration of the Tetlin Property, which is prospective for gold and associated minerals. The Tetlin Property is located in the Tetlin Hills and Mentasta Mountains of eastern interior Alaska.

Employees: 11

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 3 analysts
0
News positive %
of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

23% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 13

18% more capital invested

Capital invested by funds: $29.7M [Q4 2023] → $35M (+$5.37M) [Q1 2024]

3% more funds holding

Funds holding: 36 [Q4 2023] → 37 (+1) [Q1 2024]

0.96% more ownership

Funds ownership: 17.42% [Q4 2023] → 18.38% (+0.96%) [Q1 2024]

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$28
19%
upside
Avg. target
$35
50%
upside
High target
$38
65%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
Roth MKM
Mike Niehuser
65%upside
$38
Buy
Maintained
16 May 2024
Roth MKM
Mike Niehuser
65%upside
$38
Buy
Maintained
25 Mar 2024
Cormark Securities
19%upside
$27.5
Buy
Initiated
22 Mar 2024

Financial journalist opinion

Based on 4 articles about CTGO published over the past 30 days