CTGO
Price:
$16.98
Market Cap:
$207.37M
Contango Ore, Inc. operates as an exploration-phase enterprise, primarily dedicated to prospecting for gold and other associated minerals across the United States. Its discovery efforts also extend to identifying deposits of copper and silver. Through its various subsidiaries, the company has secured substantial land access for its exploration and development activities. This includes the lease of approximately 675,000 acres from the Tetlin Tribal Council, as well as around 13,000 State of Alaska mining claims. Additionally, Contango Ore holds full mineral rights to an estimated 200,000 acres of State of Alaska mining claims situated north and northwest of the Tetlin Lease. The company's por...[Read more]
Industry
Gold
IPO Date
2010-12-21
Stock Exchange
AMEX
Ticker
CTGO
According to Contango Ore, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.27. This represents a change of 41.62% compared to the average of 0.90 of the last 4 quarters.
The mean historical Current Ratio of Contango Ore, Inc. over the last ten years is 31.33. The current 1.27 Current Ratio has changed 306.25% with respect to the historical average. Over the past ten years (40 quarters), CTGO's Current Ratio was at its highest in in the March 2018 quarter at 294.79. The Current Ratio was at its lowest in in the March 2024 quarter at 0.28.
Average
31.33
Median
13.67
Minimum
0.29
Maximum
161.79
Discovering the peaks and valleys of Contango Ore, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 5.61%
Maximum Annual Current Ratio = 161.79
Minimum Annual Increase = -90.23%
Minimum Annual Current Ratio = 0.29
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.29 | -77.39% |
| 2024 | 1.29 | -75.89% |
| 2023 | 5.35 | -66.16% |
| 2022 | 15.80 | -90.23% |
| 2021 | 161.79 | 5.61% |
| 2020 | 2.83 | -86.45% |
| 2019 | 20.90 | -61.64% |
| 2018 | 54.47 | 39.45% |
| 2017 | 39.06 | 238.44% |
| 2016 | 11.54 | -41.00% |
The current Current Ratio of Contango Ore, Inc. (CTGO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.31
5-year avg
36.90
10-year avg
31.33
Contango Ore, Inc.’s Current Ratio is less than GoldMining Inc. (20.42), less than U.S. Gold Corp. (26.62), less than Hycroft Mining Holding Corporation (45.60), less than Vista Gold Corp. (29.22), less than Dakota Gold Corp. (38.50), greater than Blue Gold Limited (0.19), less than Platinum Group Metals Ltd. (26.75), less than Clearwater Paper Corporation (2.61), less than International Tower Hill Mines Ltd. (535.92), less than TRX Gold Corporation (2.37),
| Company | Current Ratio | Market cap |
|---|---|---|
| 20.42 | $203.96M | |
| 26.62 | $261.54M | |
| 45.60 | $2.38B | |
| 29.22 | $348.87M | |
| 38.50 | $660.27M | |
| 0.19 | $14.48M | |
| 26.75 | $185.17M | |
| 2.61 | $270.74M | |
| 535.92 | $457.63M | |
| 2.37 | $298.03M |
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