Contango Ore
Holds a producing Alaskan mine interest and develops precious-metals projects.
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Profile
Generates current cash flow from a minority interest in Alaska's Manh Choh mine and develops Lucky Shot, Johnson Tract and Kitsault Valley precious-metals properties. Its direct-shipping-ore model relies on off-site processing and a Kinross-managed joint venture.
Earns its current cash flow through a minority interest in the producing Manh Choh gold mine in Alaska, operated by Kinross subsidiary KG Mining. The portfolio also includes the wholly owned Lucky Shot development project, leased Johnson Tract development project, and wholly owned Kitsault Valley exploration property in British Columbia, alongside earlier-stage Alaska properties.
Follows a direct-shipping-ore approach that targets high-grade deposits near transport infrastructure and sends sealed ore to existing off-site mills, avoiding construction of an on-site mill or tailings facility. Current production depends on the Kinross-managed joint venture, haulage to Fort Knox, and availability of that mill; development projects require engineering, permitting, stakeholder relationships, and external technical and contractor capacity.
Company facts
Key statistics
Year to date −28.2% · Average volume (30d) 382.3K
Analysts
Ratings
Target range
Latest analyst notes
No analyst notes in the last 24 months.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 13, 2026 | −$0.04 | $0.14 | +481.8% | $71.9M | — | — | −0.61% |
| Aug 12, 2026 | −$0.08 | $0.08 | +206.7% | $71.9M | — | — | −1.66% |
| May 14, 2026Q3 FY26 | $0.65 | −$0.83 | −227.1% | $20.5M | — | — | −9.19% |
| Mar 16, 2026Q4 FY26 | −$0.08 | $0.10 | +233.3% | $20.5M | — | — | −6.51% |
Financial highlights
| 12 quarters | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q4 FY26 | Q2 FY26 | Q3 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | |
| Gross profit | −$142.5K | −$136.6K | −$100.1K | −$111.2K | −$225.6K | −$167.9K | |
| Operating income | $19.3M | $23.0M | $25.0M | $37.5M | $1.8M | $4.8M | |
| Net income | −$22.5M | $15.9M | −$5.4M | $7.7M | −$24.1M | −$14.3M | |
| Diluted EPS | −$1.88 | $1.29 | −$0.44 | $0.08 | −$1.61 | −$0.83 | |
| Gross margin | — | — | — | — | — | — | |
| Operating margin | — | — | — | — | — | — |
Fiscal years (4-quarter sums)FY24 $0 · FY25 $0 · FY26 $0
Balance sheet, Mar 31, 2026Cash & short-term investments $97.5M · Total debt $33.0M · Total assets $496.2M · Shareholders' equity $321.5M
Dividends
No dividends on record.
Ownership
Shares outstanding 32.34M · Float 28.01M · 86.6% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| State Street Corp | 2.34M | 7.23% | 13F | Aug 7, 2026 |
| Alyeska Investment Group, L.P. | 2.13M | 6.58% | 13F | Aug 14, 2026 |
| BlackRock, Inc. | 2.10M | 6.90% | 13G | Jul 29, 2026 |
| Franklin Resources Inc | 1.29M | 3.98% | 13F | Aug 13, 2026 |
| Vanguard Capital Management LLC | 1.22M | 3.76% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 19, 2026 | David Gregory Larimer | officer: VP Exploration | −96 | $20.94 |
| Aug 19, 2026 | Michael Aaron Clark | officer: CFO | −1,289 | $20.94 |
Peers
- Skeena Resources
Golden Triangle gold-silver developer nearest Kitsault Valley.
- Perpetua Resources
Large U.S. gold-development rival for capital, permits, and talent.
- iShares Gold Trust
Nevada gold-silver developer with a competing regional processing model.
- U.S. GoldMining
Alaska gold-copper developer vying for project capital and mine talent.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Contango Ore | $19.27 | −0.05% | $623.2M | — | 7.3 | — | — |
| Skeena Resources | $33.18 | −0.09% | $4.12B | — | — | — | — |
| Perpetua Resources | $25.11 | +0.04% | $3.14B | — | — | — | — |
| iShares Gold Trust | $83.97 | +0.19% | $66.13B | — | — | — | — |
| U.S. GoldMining | $9.20 | +0.33% | $122.9M | — | — | — | — |