Is Contango ORE Stock a Good Investment?
Contango ORE Investment Advice | CTGO |
- Examine Contango ORE's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Contango ORE's leadership team and their track record. Good management can help Contango ORE navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Metals & Mining space and any emerging trends that could impact Contango ORE's business and its evolving consumer preferences.
- Compare Contango ORE's performance and market position to its competitors. Analyze how Contango ORE is positioned in terms of product offerings, innovation, and market share.
- Check if Contango ORE pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Contango ORE's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Contango ORE stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Contango ORE is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Contango ORE Stock
Researching Contango ORE's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 38.0% of the company shares are held by company insiders. The company recorded a loss per share of 7.04. Contango ORE had not issued any dividends in recent years.
To determine if Contango ORE is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Contango ORE's research are outlined below:
| 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 investing.com: Contango Ore director Juneau buys shares worth 60,187 |
Contango ORE uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Contango ORE. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Contango ORE's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 5th of February 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 11th of September 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Contango ORE's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Contango ORE's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-09-13 | 2023-06-30 | -1.04 | -1.38 | -0.34 | 32 | ||
2024-03-14 | 2023-12-31 | -0.79 | -1.47 | -0.68 | 86 | ||
2023-05-11 | 2023-03-31 | -1.93 | -1.09 | 0.84 | 43 | ||
2023-11-14 | 2023-09-30 | -0.61 | -1.47 | -0.86 | 140 | ||
2024-08-13 | 2024-06-30 | -1 | -1.9 | -0.9 | 90 | ||
2024-05-14 | 2024-03-31 | -0.99 | -2.14 | -1.15 | 116 | ||
2023-02-06 | 2022-12-31 | -0.91 | -2.1 | -1.19 | 130 | ||
2024-11-12 | 2024-09-30 | 0.27 | 1.598 | 1.328 | 491 |
Contango ORE Target Price Consensus
Contango target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Contango ORE's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 6 | Strong Buy |
Most Contango analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Contango stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Contango ORE, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationContango ORE Target Price Projection
Contango ORE's current and average target prices are 12.40 and 34.67, respectively. The current price of Contango ORE is the price at which Contango ORE is currently trading. On the other hand, Contango ORE's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Contango ORE Market Quote on 11th of December 2024
Target Price
Analyst Consensus On Contango ORE Target Price
Contango ORE Analyst Ratings
Contango ORE's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Contango ORE stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Contango ORE's financials, market performance, and future outlook by experienced professionals. Contango ORE's historical ratings below, therefore, can serve as a valuable tool for investors.Contango ORE's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 147.6 M.Market Cap |
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Contango ORE's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.39) | (1.46) | |
| Return On Capital Employed | (0.39) | (0.41) | |
| Return On Assets | (1.39) | (1.46) | |
| Return On Equity | 5.61 | 5.89 |
Determining Contango ORE's profitability involves analyzing its financial statements and using various financial metrics to determine if Contango ORE is a good buy. For example, gross profit margin measures Contango ORE's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Contango ORE's profitability and make more informed investment decisions.
Evaluate Contango ORE's management efficiency
Contango ORE has return on total asset (ROA) of (0.2109) % which means that it has lost $0.2109 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (5.0543) %, meaning that it created substantial loss on money invested by shareholders. Contango ORE's management efficiency ratios could be used to measure how well Contango ORE manages its routine affairs as well as how well it operates its assets and liabilities. As of the 11th of December 2024, Return On Equity is likely to grow to 5.89, while Return On Tangible Assets are likely to drop (1.46). At this time, Contango ORE's Total Assets are very stable compared to the past year. As of the 11th of December 2024, Non Current Assets Total is likely to grow to about 43.8 M, while Total Current Assets are likely to drop about 10.7 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (1.58) | (1.51) | |
| Tangible Book Value Per Share | (1.58) | (1.51) | |
| Enterprise Value Over EBITDA | (2.55) | (2.68) | |
| Price Book Value Ratio | (11.43) | (10.86) | |
| Enterprise Value Multiple | (2.55) | (2.68) | |
| Price Fair Value | (11.43) | (10.86) | |
| Enterprise Value | 195.4 M | 205.2 M |
At Contango ORE, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Beta 0.576 |
Basic technical analysis of Contango Stock
As of the 11th of December 2024, Contango ORE shows the Standard Deviation of 4.15, risk adjusted performance of (0.12), and Mean Deviation of 2.63. Contango ORE technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Contango ORE's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Contango ORE insiders, such as employees or executives, is commonly permitted as long as it does not rely on Contango ORE's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Contango ORE insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Contango ORE's Outstanding Corporate Bonds
Contango ORE issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Contango ORE uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Contango bonds can be classified according to their maturity, which is the date when Contango ORE has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 4875 Corp BondUS55336VAG59 | View | |
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| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Understand Contango ORE's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Contango ORE's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | 7.16 | |||
| Mean Deviation | 2.63 | |||
| Coefficient Of Variation | (556.55) | |||
| Standard Deviation | 4.15 | |||
| Variance | 17.18 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.74) | |||
| Total Risk Alpha | (1.41) | |||
| Treynor Ratio | 7.15 | |||
| Maximum Drawdown | 34.05 | |||
| Value At Risk | (5.84) | |||
| Potential Upside | 3.72 | |||
| Skewness | (1.63) | |||
| Kurtosis | 10.35 |
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | 7.16 | |||
| Mean Deviation | 2.63 | |||
| Coefficient Of Variation | (556.55) | |||
| Standard Deviation | 4.15 | |||
| Variance | 17.18 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.74) | |||
| Total Risk Alpha | (1.41) | |||
| Treynor Ratio | 7.15 | |||
| Maximum Drawdown | 34.05 | |||
| Value At Risk | (5.84) | |||
| Potential Upside | 3.72 | |||
| Skewness | (1.63) | |||
| Kurtosis | 10.35 |
Consider Contango ORE's intraday indicators
Contango ORE intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Contango ORE stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Contango ORE Corporate Filings
F4 | 10th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 5th of December 2024 Other Reports | ViewVerify | |
8K | 29th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 15th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Contango Stock media impact
Far too much social signal, news, headlines, and media speculation about Contango ORE that are available to investors today. That information is available publicly through Contango media outlets and privately through word of mouth or via Contango internal channels. However, regardless of the origin, that massive amount of Contango data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Contango ORE news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Contango ORE relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Contango ORE's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Contango ORE alpha.
Contango ORE Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Contango ORE can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Contango ORE Corporate Executives
Elected by the shareholders, the Contango ORE's board of directors comprises two types of representatives: Contango ORE inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Contango. The board's role is to monitor Contango ORE's management team and ensure that shareholders' interests are well served. Contango ORE's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Contango ORE's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Leah Gaines | CFO, Chief Accounting Officer, VP, Treasurer and Secretary | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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. To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.
In summary, please note that there is a difference between Contango ORE's value and its price, as these two are different measures arrived at by various 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.