Contango Ore Stock Buy Hold or Sell Recommendation
| CTGO Stock | USD 12.61 1.47 10.44% |
Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Contango ORE is 'Sell'. The recommendation algorithm takes into account all of Contango ORE's available fundamental, technical, and predictive indicators you will find on this site.
Check out Contango ORE Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide. In addition, we conduct extensive research on individual companies such as Contango and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Contango ORE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Contango |
Execute Contango ORE Buy or Sell Advice
The Contango recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Contango ORE. Macroaxis does not own or have any residual interests in Contango ORE or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Contango ORE's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Contango ORE Trading Alerts and Improvement Suggestions
| Contango ORE generated a negative expected return over the last 90 days | |
| Contango ORE has high historical volatility and very poor performance | |
| Contango ORE has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (81.53 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Contango ORE currently holds about 23.1 M in cash with (18.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.41. | |
| Contango ORE has a frail financial position based on the latest SEC disclosures | |
| Roughly 38.0% of the company shares are held by company insiders | |
| Latest headline from seekingalpha.com: Contango ORE plunges after guiding for 25 percent higher costs at Alaska gold mine |
Contango ORE Returns Distribution Density
The distribution of Contango ORE's historical returns is an attempt to chart the uncertainty of Contango ORE's future price movements. The chart of the probability distribution of Contango ORE daily returns describes the distribution of returns around its average expected value. We use Contango ORE price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Contango ORE returns is essential to provide solid investment advice for Contango ORE.
| Mean Return | -0.71 | Value At Risk | -6.09 | Potential Upside | 4.95 | Standard Deviation | 4.35 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Contango ORE historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Contango ORE Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Free Cash Flow | (1.1M) | (1.4M) | (8.4M) | (14.0M) | (18.9K) | (19.8K) | |
| Net Income | (8.4M) | (9.2M) | 23.9M | (23.5M) | (81.5K) | (85.6K) | |
| Change In Cash | (5.2M) | (5.6M) | 32.2M | (11.9M) | (11.4M) | (10.9M) | |
| End Period Cash Flow | 8.6M | 3.0M | 35.2M | 23.3M | 11.9K | 11.3K | |
| Other Non Cash Items | 4.1M | 3.7M | (35.8M) | 3.9M | (22.1M) | (21.0M) | |
| Change To Netincome | 7.1M | (31.9M) | 7.8M | 23.9M | 27.5M | 28.9M | |
| Investments | (3.7M) | 27.4M | (15.4M) | (21.1M) | (19.0M) | (18.1M) |
Contango ORE Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Contango ORE or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Contango ORE's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Contango stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.8 | |
β | Beta against Dow Jones | 0.65 | |
σ | Overall volatility | 4.36 | |
Ir | Information ratio | -0.19 |
Contango ORE Volatility Alert
Contango ORE exhibits very low volatility with skewness of -1.16 and kurtosis of 8.84. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Contango ORE's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Contango ORE's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Contango ORE Fundamentals Vs Peers
Comparing Contango ORE's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Contango ORE's direct or indirect competition across all of the common fundamentals between Contango ORE and the related equities. This way, we can detect undervalued stocks with similar characteristics as Contango ORE or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Contango ORE's fundamental indicators could also be used in its relative valuation, which is a method of valuing Contango ORE by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Contango ORE to competition |
| Fundamentals | Contango ORE | Peer Average |
| Return On Equity | -5.05 | -0.31 |
| Return On Asset | -0.21 | -0.14 |
| Current Valuation | 209.87 M | 16.62 B |
| Shares Outstanding | 12.23 M | 571.82 M |
| Shares Owned By Insiders | 37.61 % | 10.09 % |
| Shares Owned By Institutions | 28.42 % | 39.21 % |
| Number Of Shares Shorted | 452.92 K | 4.71 M |
| Price To Earning | 5.89 X | 28.72 X |
| Price To Book | 4.66 X | 9.51 X |
| EBITDA | (76.7 M) | 3.9 B |
| Net Income | (81.53 K) | 570.98 M |
| Cash And Equivalents | 23.1 M | 2.7 B |
| Cash Per Share | 3.41 X | 5.01 X |
| Total Debt | 44.68 M | 5.32 B |
| Debt To Equity | 1.45 % | 48.70 % |
| Current Ratio | 15.80 X | 2.16 X |
| Book Value Per Share | (1.61) X | 1.93 K |
| Cash Flow From Operations | (18.86 M) | 971.22 M |
| Short Ratio | 7.32 X | 4.00 X |
| Earnings Per Share | (7.04) X | 3.12 X |
| Target Price | 29.41 | |
| Number Of Employees | 6 | 18.84 K |
| Beta | 0.58 | -0.15 |
| Market Capitalization | 154.2 M | 19.03 B |
| Total Asset | 58.59 M | 29.47 B |
| Retained Earnings | (139.04 M) | 9.33 B |
| Working Capital | 9.99 M | 1.48 B |
| Current Asset | 2.01 M | 9.34 B |
| Current Liabilities | 102.98 K | 7.9 B |
| Net Asset | 58.59 M |
Note: Disposition of 7460 shares by Compofelice Joseph S of Contango ORE at 21.14 subject to Rule 16b-3 [view details]
Contango ORE Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Contango . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Contango ORE Buy or Sell Advice
When is the right time to buy or sell Contango ORE? Buying financial instruments such as Contango Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Contango ORE in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Contango ORE Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Contango ORE. If investors know Contango will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Contango ORE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.04) | Return On Assets (0.21) | Return On Equity (5.05) |
The market value of Contango ORE is measured differently than its book value, which is the value of Contango that is recorded on the company's balance sheet. Investors also form their own opinion of Contango ORE's value that differs from its market value or its book value, called intrinsic value, which is Contango ORE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Contango ORE's market value can be influenced by many factors that don't directly affect Contango ORE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Contango ORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Contango ORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Contango ORE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.