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Contango ORE ( (CTGO) ) just unveiled an update.
On October 2, 2025, Contango ORE, Inc. announced the completion of its third production campaign for 2025, yielding 17,000 ounces of gold and $33 million in cash distributions from the Peak Gold JV. The campaign, which ran from August 12 to September 15, 2025, processed 287,000 tons of ore with a 92.5% gold recovery rate. The company also reported early debt repayments and a reduction in hedge contracts, aiming to be debt-free by 2026. Additionally, a lawsuit dismissal related to the Manh Choh project was announced, and ongoing test campaigns and development plans for other projects were highlighted.
The most recent analyst rating on (CTGO) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Contango ORE stock, see the CTGO Stock Forecast page.
Spark’s Take on CTGO Stock
According to Spark, TipRanks’ AI Analyst, CTGO is a Neutral.
Contango ORE’s overall stock score reflects a company in transition. While technical indicators suggest positive momentum, financial performance remains weak due to high leverage and lack of profitability. Earnings call highlights show potential for improvement, but valuation concerns persist, balancing the outlook.
To see Spark’s full report on CTGO stock, click here.
More about Contango ORE
Contango ORE, Inc. is a NYSE American listed company engaged in the exploration of gold and associated minerals in Alaska. The company holds a 30% interest in the Peak Gold JV, which involves exploration and development on the Manh Choh project. Contango also has leases on the Johnson Tract and Lucky Shot projects and owns significant mining claims in Alaska.
Average Trading Volume: 105,566
Technical Sentiment Signal: Buy
Current Market Cap: $374.4M
For a thorough assessment of CTGO stock, go to TipRanks’ Stock Analysis page.