FY2025 EPS Estimates for Contango ORE Boosted by Analyst

Contango ORE, Inc. (NYSEAMERICAN:CTGO) – Equities researchers at Roth Capital lifted their FY2025 earnings per share estimates for shares of Contango ORE in a report issued on Tuesday, November 18th. Roth Capital analyst M. Niehuser now expects that the company will earn $4.07 per share for the year, up from their prior estimate of $3.24. Roth Capital has a “Buy” rating and a $35.00 price target on the stock. The consensus estimate for Contango ORE’s current full-year earnings is ($5.36) per share. Roth Capital also issued estimates for Contango ORE’s Q4 2025 earnings at $0.13 EPS, Q1 2026 earnings at $0.15 EPS, Q2 2026 earnings at $0.27 EPS, Q4 2026 earnings at $0.91 EPS and FY2026 earnings at $1.91 EPS.

Separately, Zacks Research raised Contango ORE from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $32.34.

Contango ORE Stock Down 4.9%

NYSEAMERICAN:CTGO opened at $21.45 on Thursday. The stock has a market cap of $278.64 million, a P/E ratio of -79.44 and a beta of -0.08. The business’s 50-day moving average price is $23.35 and its two-hundred day moving average price is $20.90. Contango ORE has a twelve month low of $8.85 and a twelve month high of $26.88.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. AlphaQuest LLC raised its position in shares of Contango ORE by 30.7% during the 3rd quarter. AlphaQuest LLC now owns 5,564 shares of the company’s stock valued at $139,000 after purchasing an additional 1,308 shares during the period. Russell Investments Group Ltd. grew its stake in shares of Contango ORE by 129.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,320 shares of the company’s stock worth $58,000 after buying an additional 1,311 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Contango ORE by 141.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,264 shares of the company’s stock worth $44,000 after buying an additional 1,327 shares during the last quarter. Bridgeway Capital Management LLC raised its position in shares of Contango ORE by 7.0% during the 3rd quarter. Bridgeway Capital Management LLC now owns 21,400 shares of the company’s stock valued at $534,000 after buying an additional 1,400 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Contango ORE by 22.6% in the 2nd quarter. Bank of America Corp DE now owns 8,038 shares of the company’s stock valued at $157,000 after acquiring an additional 1,481 shares during the last quarter. Hedge funds and other institutional investors own 19.14% of the company’s stock.

About Contango ORE

Contango Ore, Inc, an exploration stage company, engages in the exploration and development of mineral properties in Alaska, the United States. It primarily explores for gold, silver, and copper ores. The company was founded in 2009 and is headquartered in Fairbanks, Alaska.