Contango ORE (NYSEAMERICAN:CTGO) Hits New 12-Month High – Still a Buy?

22 Jan 2026, 21:42 by Danessa Lincoln · The Markets Daily

Contango ORE, Inc. (NYSEAMERICAN:CTGO – Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $33.37 and last traded at $33.4470, with a volume of 105123 shares. The stock had previously closed at $30.84.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Roth Mkm restated a “buy” rating and set a $35.00 price target on shares of Contango ORE in a report on Tuesday, September 30th. Zacks Research lowered shares of Contango ORE from a “hold” rating to a “strong sell” rating in a research note on Monday, January 5th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $32.34.

View Our Latest Research Report on CTGO

Contango ORE Stock Performance

The company has a market cap of $495.18 million, a P/E ratio of 331.00 and a beta of -0.35. The business has a 50 day moving average price of $26.39 and a two-hundred day moving average price of $23.54. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.14 and a current ratio of 1.14.

Insiders Place Their Bets

In other Contango ORE news, CEO Nieuwenhuyse Rick Van sold 19,608 shares of the business’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $26.00, for a total value of $509,808.00. Following the transaction, the chief executive officer owned 538,761 shares in the company, valued at approximately $14,007,786. The trade was a 3.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Michael Aaron Clark sold 10,097 shares of the stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $26.00, for a total transaction of $262,522.00. Following the sale, the chief financial officer owned 49,873 shares of the company’s stock, valued at approximately $1,296,698. This represents a 16.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 14.40% of the stock is owned by company insiders.

Institutional Trading of Contango ORE

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

About Contango ORE

(Get Free Report)

Contango ORE Royalty Trust (NYSE American: CTGO) is a grantor royalty trust that holds net overriding royalty interests in oil and gas properties. As a non‐operating entity, the trust itself does not engage in exploration, drilling or production activities but instead receives a percentage of revenues generated by producing wells. This structure offers investors exposure to commodity price movements and production volumes without the direct capital expenditure or operational risks associated with upstream oil and gas companies.