At the time of writing, Contango Ore Inc [CTGO] stock is trading at $29.27, up 0.86%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CTGO shares have gain 7.57% over the last week, with a monthly amount glided 35.01%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Contango Ore Inc [AMEX: CTGO] stock has seen the most recent analyst activity on September 14, 2023, when Maxim Group initiated its Buy rating and assigned the stock a price target of $36.
For the past year, the stock price of Contango Ore Inc fluctuated between $8.85 and $30.22. Currently, Wall Street analysts expect the stock to reach $35 within the next 12 months. Contango Ore Inc [AMEX: CTGO] shares were valued at $29.27 at the most recent close of the market. An investor can expect a potential return of 19.58% based on the average CTGO price forecast.
Analyzing the CTGO fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is 0.8 and Total Capital is 0.79. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 54.19.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 28.76 points at the first support level, and at 28.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.64, and for the 2nd resistance point, it is at 30.01.
Ratios To Look Out For
It is important to note that Contango Ore Inc [AMEX:CTGO] has a current ratio of 1.14. Also, the Quick Ratio is 1.14, while the Cash Ratio stands at 0.26.
Transactions by insiders
Recent insider trading involved Clark Michael Aaron, CFO & Secretary, that happened on Aug 18 ’25 when 2822.0 shares were sold. Director, Shortz Richard completed a deal on Aug 18 ’25 to sell 33150.0 shares. Meanwhile, Director RICHARD A SHORTZ bought 33150.0 shares on Aug 18 ’25.
