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Contango ORE, Inc. (CTGO) Fundamental Analysis & AI Grade 2026

CTGO NYSE Gold and Silver Ores DE CIK: 0001502377
Updated This Month • Analysis: May 15, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
82% Confidence
AGREEMENT
D
87% Conf
C
77% Conf

📊 CTGO Key Takeaways

Revenue: $-919.7K
Net Margin: 1,555.4%
Free Cash Flow: $-49.7M
Current Ratio: 1.27x
Debt/Equity: 0.10x
EPS: $-0.83
AI Grade: D with 87% confidence
Contango ORE, Inc. (CTGO) receives a C fundamental grade with 82% confidence from our AI analysis based on SEC 10-K filings. With revenue of -$919.7K, net profit margin of 1,555.4%, and return on equity (ROE) of -4.4%, Contango ORE, Inc. demonstrates mixed fundamentals in the Market sector. Below is our complete CTGO stock analysis for 2026.

Is Contango ORE, Inc. (CTGO) a Good Investment?

Claude

Contango is an exploration-stage precious metals company with no sustainable revenue generation and severe negative operating cash flow of -$49.6M, burning through its equity cushion at an unsustainable rate. Despite a solid balance sheet with $321.5M equity and low 0.10x leverage, the company's operational fundamentals are deteriorating with massive operating losses and no clear path to profitability.

ChatGPT

Contango ORE's fundamentals look fragile despite positive operating cash flow and a sizable cash balance. Profitability quality is weak, with negative net income, very thin equity relative to liabilities, and sub-1.0 liquidity ratios, while several reported margins appear distorted by unusual accounting items rather than durable operating strength.

Contango ORE, Inc. Key Strengths (CTGO)

Claude
  • + Strong balance sheet with $321.5M stockholders' equity provides financial cushion
  • + Excellent liquidity position with 1.27x current ratio and $97.5M cash reserves
  • + Very low financial leverage at 0.10x debt/equity ratio with strong interest coverage of 10.7x
  • + Relatively small capital expenditure requirements suggest low ongoing capex needs
ChatGPT
  • + Positive operating cash flow and free cash flow provide near-term funding support
  • + Cash balance of $64.84M offers some liquidity cushion
  • + Revenue growth of 35.2% YoY suggests underlying activity is expanding

CTGO Stock Risks: Contango ORE, Inc. Investment Risks

Claude
  • ! Negative revenue of -$919.7K indicates non-operating or distressed state; company lacks core business generation
  • ! Severe cash burn of -$49.6M operating cash flow will deplete cash reserves within 2 periods at current burn rate
  • ! Massive operating losses with -522.9% operating margin indicating fundamental operational dysfunction
  • ! Net loss of -$14.3M and diluted EPS of -$0.83 show value destruction despite positive operating income
  • ! Data anomalies (1555.4% net margin, 5398.5% FCF margin) suggest potential accounting or non-standard items masking true operational decline
ChatGPT
  • ! Negative net income and deeply negative returns on equity and assets indicate weak core profitability
  • ! Current ratio of 0.90x and quick ratio of 0.89x point to tight short-term liquidity
  • ! Debt-to-equity of 1.35x with only $25.10M of equity creates elevated balance-sheet risk

Key Metrics to Watch

Claude
  • * Operating cash flow trajectory and runway until cash depletion
  • * Revenue path to positive generation and timeline to cash flow breakeven
  • * Insider selling or buying patterns (Form 4 frequency and directionality)
  • * Debt covenant compliance given negative cash flows and deteriorating operations
ChatGPT
  • * Sustainable positive revenue and net income excluding one-time accounting effects
  • * Liquidity improvement through current ratio, cash balance, and debt reduction

Contango ORE, Inc. (CTGO) Financial Metrics & Key Ratios

Revenue
$-919.7K
Net Income
$-14.3M
EPS (Diluted)
$-0.83
Free Cash Flow
$-49.7M
Total Assets
$496.2M
Cash Position
$97.5M

💡 AI Analyst Insight

The 5,398.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.

CTGO Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -522.9%
Net Margin 1,555.4%
ROE -4.4%
ROA -2.9%
FCF Margin 5,398.5%

CTGO vs Market Sector: How Contango ORE, Inc. Compares

How Contango ORE, Inc. compares to Market sector averages

Net Margin
CTGO 1,555.4%
vs
Sector Avg 12.0%
CTGO Sector
ROE
CTGO -4.4%
vs
Sector Avg 15.0%
CTGO Sector
Current Ratio
CTGO 1.3x
vs
Sector Avg 1.8x
CTGO Sector
Debt/Equity
CTGO 0.1x
vs
Sector Avg 0.7x
CTGO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Contango ORE, Inc. Stock Overvalued? CTGO Valuation Analysis 2026

Based on fundamental analysis, Contango ORE, Inc. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
-4.4%
Sector avg: 15%
Net Profit Margin
1,555.4%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.10x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Contango ORE, Inc. Balance Sheet: CTGO Debt, Cash & Liquidity

Current Ratio
1.27x
Quick Ratio
1.26x
Debt/Equity
0.10x
Debt/Assets
35.2%
Interest Coverage
10.70x
Long-term Debt
$33.0M

CTGO Revenue & Earnings Growth: 5-Year Financial Trend

CTGO 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Contango ORE, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-3.49 indicates the company is currently unprofitable.

CTGO Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
5,398.5%
Free cash flow / Revenue

CTGO Quarterly Earnings & Performance

Quarterly financial performance data for Contango ORE, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2015 N/A -$346.2K $-0.09

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Contango ORE, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$49.6M
Cash generated from operations
Capital Expenditures
$42.3K
Investment in assets
Dividends
None
No dividend program

CTGO SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Contango ORE, Inc. (CIK: 0001502377)

📋 Recent SEC Filings

Date Form Document Action
May 26, 2026 8-K ctgo-20260526.htm View →
May 15, 2026 8-K ctgo-20260514.htm View →
May 14, 2026 10-Q ctgo-20260331.htm View →
May 8, 2026 8-K ctgo-20260504.htm View →
Apr 30, 2026 DEF 14A d58353ddef14a.htm View →

Frequently Asked Questions about CTGO

What is the AI rating for CTGO?

Contango ORE, Inc. (CTGO) has a Combined AI Grade of C from Claude (D) and ChatGPT (C) with 82% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CTGO's key strengths?

Claude: Strong balance sheet with $321.5M stockholders' equity provides financial cushion. Excellent liquidity position with 1.27x current ratio and $97.5M cash reserves. ChatGPT: Positive operating cash flow and free cash flow provide near-term funding support. Cash balance of $64.84M offers some liquidity cushion.

What are the risks of investing in CTGO?

Claude: Negative revenue of -$919.7K indicates non-operating or distressed state; company lacks core business generation. Severe cash burn of -$49.6M operating cash flow will deplete cash reserves within 2 periods at current burn rate. ChatGPT: Negative net income and deeply negative returns on equity and assets indicate weak core profitability. Current ratio of 0.90x and quick ratio of 0.89x point to tight short-term liquidity.

What is CTGO's revenue and growth?

Contango ORE, Inc. reported revenue of $-919.7K.

Does CTGO pay dividends?

Contango ORE, Inc. does not currently pay dividends.

Where can I find CTGO SEC filings?

Official SEC filings for Contango ORE, Inc. (CIK: 0001502377) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CTGO's EPS?

Contango ORE, Inc. has a diluted EPS of $-0.83.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is CTGO's fundamental grade?

Based on our AI fundamental analysis in June 2026, Contango ORE, Inc. has a C grade with 82% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is CTGO stock overvalued or undervalued?

Valuation metrics for CTGO: ROE of -4.4% (sector avg: 15%), net margin of 1,555.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is CTGO's AI grade for 2026?

Our dual AI analysis gives Contango ORE, Inc. a combined C grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is CTGO's free cash flow?

Contango ORE, Inc.'s operating cash flow is $-49.6M, with capital expenditures of $42.3K. FCF margin is 5,398.5%.

How does CTGO compare to other Market stocks?

Vs Default sector averages: Net margin 1,555.4% (avg: 12%), ROE -4.4% (avg: 15%), current ratio 1.27 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 15, 2026 | Data as of: 2026-03-31 | Powered by Claude AI