Contango ORE Inc
Contango Ore, Inc., an exploration stage company, engages in the exploration and development of mineral properties in Alaska, the United States. It explores for gold, silver, and copper ores. The company was founded in 2009 and is headquartered in Fairbanks, Alaska.
Contango ORE Inc (CTGO) - Net Assets
Latest net assets as of September 2025: $47.81 Million USD
Based on the latest financial reports, Contango ORE Inc (CTGO) has net assets worth $47.81 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($217.66 Million) and total liabilities ($169.85 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $47.81 Million |
| % of Total Assets | 21.97% |
| Annual Growth Rate | 3.77% |
| 5-Year Change | -90.41% |
| 10-Year Change | -84.75% |
| Growth Volatility | 326.74 |
Contango ORE Inc - Net Assets Trend (2009–2024)
This chart illustrates how Contango ORE Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Contango ORE Inc (2009–2024)
The table below shows the annual net assets of Contango ORE Inc from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.27 Million | +108.75% |
| 2023-12-31 | $-14.54 Million | -204.70% |
| 2023-06-30 | $-4.77 Million | -135.96% |
| 2022-12-31 | $13.27 Million | 0.00% |
| 2022-06-30 | $13.27 Million | -61.58% |
| 2021-12-31 | $34.55 Million | 0.00% |
| 2021-06-30 | $34.55 Million | +1631.97% |
| 2020-12-31 | $1.99 Million | 0.00% |
| 2020-06-30 | $1.99 Million | -76.09% |
| 2019-12-31 | $8.34 Million | 0.00% |
| 2019-06-30 | $8.34 Million | -39.15% |
| 2018-12-31 | $13.71 Million | 0.00% |
| 2018-06-30 | $13.71 Million | +162.14% |
| 2017-12-31 | $5.23 Million | 0.00% |
| 2017-06-30 | $5.23 Million | +336.24% |
| 2016-12-31 | $1.20 Million | 0.00% |
| 2016-06-30 | $1.20 Million | -37.28% |
| 2015-12-31 | $1.91 Million | 0.00% |
| 2015-06-30 | $1.91 Million | -60.13% |
| 2014-12-31 | $4.79 Million | 0.00% |
| 2014-06-30 | $4.79 Million | -62.58% |
| 2013-12-31 | $12.81 Million | 0.00% |
| 2013-06-30 | $12.81 Million | +74.68% |
| 2012-12-31 | $7.34 Million | 0.00% |
| 2012-06-30 | $7.34 Million | +151.87% |
| 2011-12-31 | $2.91 Million | 0.00% |
| 2011-06-30 | $2.91 Million | +298.41% |
| 2010-06-30 | $731.00K | 0.00% |
| 2009-12-31 | $731.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Contango ORE Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 17707213700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $122.31K | 9.61% |
| Other Components | $178.22 Million | 14004.10% |
| Total Equity | $1.27 Million | 100.00% |
Contango ORE Inc Competitors by Market Cap
The table below lists competitors of Contango ORE Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oxley Bridge Acquisition Limited Class A Ordinary Shares
NASDAQ:OBA
|
$256.29 Million |
|
ITH CORP
TW:6962
|
$256.29 Million |
|
Samhi Hotels Limited
NSE:SAMHI
|
$256.32 Million |
|
Hunan Creator Information Technologies Co Ltd Class A
SHE:300730
|
$256.34 Million |
|
Jiangsu Evergreen New Material Technology Inc. Co. A
SHG:603125
|
$256.16 Million |
|
IZDEMIR Enerji Elektrik Uretim A.S.
IS:IZENR
|
$256.11 Million |
|
Unizyx Holding Corp
TW:3704
|
$256.10 Million |
|
Shenyang Brilliant Elevator Group Co Ltd
SHE:002689
|
$255.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Contango ORE Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -14,544,545 to 1,272,645, a change of 15,817,190.
- Net loss of 38,030,291 reduced equity.
- New share issuances of 15,477,398 increased equity.
- Other factors increased equity by 38,370,083.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-38.03 Million | -2988.29% |
| Share Issuances | $15.48 Million | +1216.16% |
| Other Changes | $38.37 Million | +3014.99% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Contango ORE Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 181.94x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 45.52x to 181.94x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $0.47 | $21.25 | x |
| 2010-06-30 | $0.47 | $21.25 | x |
| 2011-06-30 | $1.86 | $21.25 | x |
| 2011-12-31 | $1.86 | $21.25 | x |
| 2012-06-30 | $4.04 | $21.25 | x |
| 2012-12-31 | $4.04 | $21.25 | x |
| 2013-06-30 | $4.52 | $21.25 | x |
| 2013-12-31 | $4.52 | $21.25 | x |
| 2014-06-30 | $1.27 | $21.25 | x |
| 2014-12-31 | $1.27 | $21.25 | x |
| 2015-06-30 | $0.50 | $21.25 | x |
| 2015-12-31 | $0.50 | $21.25 | x |
| 2016-06-30 | $0.30 | $21.25 | x |
| 2016-12-31 | $0.30 | $21.25 | x |
| 2017-06-30 | $1.13 | $21.25 | x |
| 2017-12-31 | $1.14 | $21.25 | x |
| 2018-06-30 | $2.41 | $21.25 | x |
| 2018-12-31 | $2.41 | $21.25 | x |
| 2019-06-30 | $1.33 | $21.25 | x |
| 2019-12-31 | $1.33 | $21.25 | x |
| 2020-06-30 | $0.31 | $21.25 | x |
| 2020-12-31 | $0.31 | $21.25 | x |
| 2021-06-30 | $5.52 | $21.25 | x |
| 2021-12-31 | $5.52 | $21.25 | x |
| 2022-06-30 | $1.97 | $21.25 | x |
| 2022-12-31 | $1.97 | $21.25 | x |
| 2023-06-30 | $-0.67 | $21.25 | x |
| 2023-12-31 | $-1.58 | $21.25 | x |
| 2024-12-31 | $0.12 | $21.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Contango ORE Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2988.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 105.21x
- Recent ROE (-2988.29%) is below the historical average (-217.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -150.89% | 0.00% | 0.00x | 1.70x | $-1.18 Million |
| 2010 | -150.84% | 0.00% | 0.00x | 1.70x | $-1.18 Million |
| 2011 | -98.00% | 0.00% | 0.00x | 1.22x | $-3.15 Million |
| 2011 | -98.00% | 0.00% | 0.00x | 1.22x | $-3.15 Million |
| 2012 | -58.07% | 0.00% | 0.00x | 1.25x | $-4.99 Million |
| 2012 | -58.07% | 0.00% | 0.00x | 1.25x | $-4.99 Million |
| 2013 | -78.29% | 0.00% | 0.00x | 1.14x | $-11.31 Million |
| 2013 | -78.30% | 0.00% | 0.00x | 1.14x | $-11.31 Million |
| 2014 | -191.84% | 0.00% | 0.00x | 1.04x | $-9.68 Million |
| 2014 | -191.84% | 0.00% | 0.00x | 1.04x | $-9.68 Million |
| 2015 | -188.75% | 0.00% | 0.00x | 1.05x | $-3.80 Million |
| 2015 | -188.76% | 0.00% | 0.00x | 1.05x | $-3.80 Million |
| 2016 | -101.78% | 0.00% | 0.00x | 1.09x | $-1.34 Million |
| 2016 | -101.76% | 0.00% | 0.00x | 1.09x | $-1.34 Million |
| 2017 | -54.23% | 0.00% | 0.00x | 1.03x | $-3.36 Million |
| 2017 | -54.22% | 0.00% | 0.00x | 1.03x | $-3.36 Million |
| 2018 | -45.14% | 0.00% | 0.00x | 1.02x | $-7.56 Million |
| 2018 | -45.14% | 0.00% | 0.00x | 1.02x | $-7.56 Million |
| 2019 | -147.09% | 0.00% | 0.00x | 1.05x | $-13.11 Million |
| 2019 | -100.16% | 0.00% | 0.00x | 1.05x | $-9.19 Million |
| 2020 | -459.46% | 0.00% | 0.00x | 1.55x | $-9.36 Million |
| 2020 | -463.21% | 0.00% | 0.00x | 1.55x | $-9.44 Million |
| 2021 | 69.09% | 0.00% | 0.00x | 1.04x | $20.41 Million |
| 2021 | 69.09% | 0.00% | 0.00x | 1.04x | $20.41 Million |
| 2022 | -177.09% | 0.00% | 0.00x | 2.81x | $-24.83 Million |
| 2022 | -177.09% | 0.00% | 0.00x | 2.81x | $-24.83 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-39.26 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-80.08 Million |
| 2024 | -2988.29% | 0.00% | 0.00x | 105.21x | $-38.16 Million |
Industry Comparison
This section compares Contango ORE Inc's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Contango ORE Inc (CTGO) | $47.81 Million | -150.89% | 3.55x | $256.23 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |