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) - Total Assets
Latest total assets as of September 2025: $217.66 Million USD
Based on the latest financial reports, Contango ORE Inc (CTGO) holds total assets worth $217.66 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Contango ORE Inc - Total Assets Trend (2009–2024)
This chart illustrates how Contango ORE Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Contango ORE Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Contango ORE Inc's total assets of $217.66 Million consist of 16.5% current assets and 83.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.0% |
| Accounts Receivable | $649.12K | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how Contango ORE Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Contango ORE Inc's current assets represent 16.5% of total assets in 2024, a decrease from 18.8% in 2009.
- Cash Position: Cash and equivalents constituted 15.0% of total assets in 2024, up from 0.0% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
Contango ORE Inc Competitors by Total Assets
Key competitors of Contango ORE Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Contango ORE Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Contango ORE Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Contango ORE Inc is currently not profitable relative to its asset base.
Contango ORE Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.14 | 0.47 | 14.04 |
| Quick Ratio | 1.14 | 0.47 | 14.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $12.86 Million | $ -42.99 Million | $ 30.05 Million |
Contango ORE Inc - Advanced Valuation Insights
This section examines the relationship between Contango ORE Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 9.33 |
| Latest Market Cap to Assets Ratio | 1.91 |
| Asset Growth Rate (YoY) | 128.5% |
| Total Assets | $133.89 Million |
| Market Capitalization | $256.23 Million USD |
Valuation Analysis
Above Book Valuation: The market values Contango ORE Inc's assets above their book value (1.91 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Contango ORE Inc's assets grew by 128.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Contango ORE Inc (2009–2024)
The table below shows the annual total assets of Contango ORE Inc from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $133.89 Million | +128.52% |
| 2023-12-31 | $58.59 Million | +128.31% |
| 2023-06-30 | $25.66 Million | -31.19% |
| 2022-12-31 | $37.29 Million | 0.00% |
| 2022-06-30 | $37.29 Million | +3.68% |
| 2021-12-31 | $35.97 Million | 0.00% |
| 2021-06-30 | $35.97 Million | +1066.31% |
| 2020-12-31 | $3.08 Million | 0.00% |
| 2020-06-30 | $3.08 Million | -64.80% |
| 2019-12-31 | $8.76 Million | 0.00% |
| 2019-06-30 | $8.76 Million | -37.27% |
| 2018-12-31 | $13.97 Million | 0.00% |
| 2018-06-30 | $13.97 Million | +160.20% |
| 2017-12-31 | $5.37 Million | 0.00% |
| 2017-06-30 | $5.37 Million | +308.91% |
| 2016-12-31 | $1.31 Million | 0.00% |
| 2016-06-30 | $1.31 Million | -34.84% |
| 2015-12-31 | $2.01 Million | 0.00% |
| 2015-06-30 | $2.01 Million | -59.56% |
| 2014-12-31 | $4.98 Million | 0.00% |
| 2014-06-30 | $4.98 Million | -65.80% |
| 2013-12-31 | $14.56 Million | 0.00% |
| 2013-06-30 | $14.56 Million | +59.40% |
| 2012-12-31 | $9.14 Million | 0.00% |
| 2012-06-30 | $9.14 Million | +156.87% |
| 2011-12-31 | $3.56 Million | 0.00% |
| 2011-06-30 | $3.56 Million | +186.37% |
| 2010-06-30 | $1.24 Million | 0.00% |
| 2009-12-31 | $1.24 Million | -- |