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

CTGO NYSE Gold and Silver Ores DE CIK: 0001502377
Updated This Month • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
81% Confidence
AGREEMENT
STRONG SELL
85% Conf
SELL
77% Conf

📊 CTGO Key Takeaways

Revenue: $-7.6M
Net Margin: 474.9%
Free Cash Flow: $25.7M
Current Ratio: 0.90x
Debt/Equity: 1.35x
EPS: $-2.80
AI Rating: STRONG SELL with 85% confidence
Contango ORE, Inc. (CTGO) receives a SELL rating with 81% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of -$7.6M, net profit margin of 474.9%, and return on equity (ROE) of -143.8%, 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 ORE demonstrates severe operational distress with negative revenue, massive net losses ($36.1M), and deteriorating profitability metrics that indicate fundamental business challenges in the mining sector. The company's negative operating margin of -909% and negative net margin of 474% reveal unsustainable cost structures and substantial non-operating charges that mask operational failure. While positive operating cash flow suggests some liquidity relief, the company's precarious current ratio of 0.90x combined with high leverage (1.35x debt-to-equity) indicates acute financial stress and limited runway.

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.

Why Buy Contango ORE, Inc. Stock? CTGO Key Strengths

Claude
  • + Positive operating cash flow of $25.7M provides near-term liquidity buffer
  • + Strong cash position of $64.8M relative to total assets provides runway for operations or restructuring
  • + Interest coverage of 153.7x suggests current debt service is manageable despite financial distress
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 -$7.6M indicates asset impairment or significant reserve adjustments rather than sustainable operations
  • ! Extreme negative net margin of 474% driven by massive non-operating charges signals major goodwill/asset writedowns or legal settlements
  • ! Sub-1.0x current ratio (0.90x) indicates potential liquidity crisis and inability to cover short-term obligations without asset sales
  • ! Deteriorating balance sheet with liabilities at 85% of assets limits financial flexibility
  • ! Diluted EPS of -$2.80 demonstrates shareholder value destruction despite modest YoY improvement
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
  • * Quarterly operating cash flow trend to assess if positive FCF is sustainable
  • * Nature and magnitude of non-operating charges driving net losses in next filing
  • * Current ratio movement and working capital adequacy over next two quarters
  • * Debt refinancing ability given financial distress and leverage levels
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
$-7.6M
Net Income
$-36.1M
EPS (Diluted)
$-2.80
Free Cash Flow
$25.7M
Total Assets
$172.0M
Cash Position
$64.8M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

CTGO Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -909.1%
Net Margin 474.9%
ROE -143.8%
ROA -21.0%
FCF Margin -338.1%

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

How Contango ORE, Inc. compares to Market sector averages

Net Margin
CTGO 474.9%
vs
Sector Avg 12.0%
CTGO Sector
ROE
CTGO -143.8%
vs
Sector Avg 15.0%
CTGO Sector
Current Ratio
CTGO 0.9x
vs
Sector Avg 1.8x
CTGO Sector
Debt/Equity
CTGO 1.3x
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
-143.8%
Sector avg: 15%
Net Profit Margin
474.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.35x
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
0.90x
Quick Ratio
0.89x
Debt/Equity
1.35x
Debt/Assets
85.4%
Interest Coverage
153.68x
Long-term Debt
$33.9M

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
-338.1%
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
$25.7M
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
Apr 13, 2026 8-K ctgo-20260413.htm View →
Apr 10, 2026 8-K ctgo-20260407.htm View →
Apr 9, 2026 4 xslF345X06/ownership.xml View →
Apr 9, 2026 4 xslF345X06/ownership.xml View →
Apr 7, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about CTGO

What is the AI rating for CTGO?

Contango ORE, Inc. (CTGO) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 81% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CTGO's key strengths?

Claude: Positive operating cash flow of $25.7M provides near-term liquidity buffer. Strong cash position of $64.8M relative to total assets provides runway for operations or restructuring. 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 -$7.6M indicates asset impairment or significant reserve adjustments rather than sustainable operations. Extreme negative net margin of 474% driven by massive non-operating charges signals major goodwill/asset writedowns or legal settlements. 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 $-7.6M.

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 $-2.80.

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 rating reflects both perspectives for balanced insights.

Is CTGO a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Contango ORE, Inc. has a SELL rating with 81% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is CTGO stock overvalued or undervalued?

Valuation metrics for CTGO: ROE of -143.8% (sector avg: 15%), net margin of 474.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy CTGO stock in 2026?

Our dual AI analysis gives Contango ORE, Inc. a combined SELL rating 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 $25.7M, with capital expenditures of $42.3K. FCF margin is -338.1%.

How does CTGO compare to other Market stocks?

Vs Default sector averages: Net margin 474.9% (avg: 12%), ROE -143.8% (avg: 15%), current ratio 0.90 (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: Mar 23, 2026 | Data as of: 2025-12-31 | Powered by Claude AI