Contango Ore, Inc.

Contango Ore, Inc.verified

CTGO

Price:

$10.405

Market Cap:

$127.24M

Contango Ore, Inc., an exploration stage company, engages in the exploration of gold and associated minerals in the United States. It also explores for copper and silver deposits. The company, through its subsidiaries, leases approximately 675,000 acres from the Tetlin Tribal Council and approximately 13,000 State of Alaska mining claims for exploration and development; and owns 100% interest in the mineral rights to approximately 200,000 acres of State of Alaska mining claims located north and northwest of the Tetlin Lease. The company also holds interest in the Shamrock property that consists of 361 Alaska state mining claims covering approximately 52,640 acres. Contango Ore, Inc. was foun...[Read more]

Industry

Gold

IPO Date

2010-12-21

Stock Exchange

AMEX

Ticker

CTGO

The Current Ratio as of December 2024 (TTM) for Contango Ore, Inc. (CTGO) is 0.47

According to Contango Ore, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.47. This represents a change of -26.60% compared to the average of 0.63 of the last 4 quarters.

Contango Ore, Inc. (CTGO) Historical Current Ratio (quarterly & annually)

How has CTGO Current Ratio performed in the past?

The mean historical Current Ratio of Contango Ore, Inc. over the last ten years is 33.26. The current 0.47 Current Ratio has changed 40.04% 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.

Quarterly (TTM)
Annual

Average

33.26

Median

17.68

Minimum

1.29

Maximum

161.79

Contango Ore, Inc. (CTGO) Current Ratio by Quarter and Year

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 = 1.29

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.29-75.89%
20235.35-66.16%
202215.80-90.23%
2021161.795.61%
20202.83-86.45%
201920.90-61.64%
201854.4739.45%
201739.06238.44%
201611.54-41.00%
201519.562.91%

Contango Ore, Inc. (CTGO) Average Current Ratio

How has CTGO Current Ratio performed in the past?

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

7.48

5-year avg

37.41

10-year avg

33.26

Contango Ore, Inc. (CTGO) Current Ratio vs. Peers

How is CTGO’s Current Ratio compared to its peers?

Contango Ore, Inc.’s Current Ratio is less than Monarch Mining Corporation (0.78), less than Marathon Gold Corporation (1.68), less than First Guaranty Bancshares, Inc. (2.56), less than Glen Burnie Bancorp (1.15), less than Princeton Capital Corporation (13.74),

Build a custom stock screener for Contango Ore, Inc. (CTGO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Contango Ore, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Contango Ore, Inc. (CTGO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Contango Ore, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Contango Ore, Inc.'s Current Ratio?

How is the Current Ratio calculated for Contango Ore, Inc. (CTGO)?

What is the highest Current Ratio for Contango Ore, Inc. (CTGO)?

What is the 3-year average Current Ratio for Contango Ore, Inc. (CTGO)?

What is the 5-year average Current Ratio for Contango Ore, Inc. (CTGO)?

How does the current Current Ratio for Contango Ore, Inc. (CTGO) compare to its historical average?