EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

Contango ORE Inc (CTGO) fair value: what the stock is really worth

As of Sep 23, 2026: fair value of Contango ORE Inc $12.55, price $18.38, upside -31.7%, quality 29 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
  3. Add to watchlist

Basic Materials · US · ISIN US21077F1003

CO Contango ORE Inc logo Thin data Sep 23, 2026

Contango ORE Inc

CTGO · US

Weak valuationQuality is weak on top of the rich price.

!Fair value $12.55 · Overvalued (−32%)
!Quality 29/100
✓Moderate debt · generates free cash flow
!Trails peers (0/9)
!Narrow moat 3/100
!Insider activity 42/100
!Evidence only low, so the estimate is less certain
Watch Contango ORE Inc for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free Pro now: $1 first month

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$33.10 $9.00 Fair Value $12.55 Jun 2020 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.

How to read this chart

60‑month range $9.00 – $33.10 · fair‑value band $8.98 – $17.43 · the $18.38 price screens above the $12.55 fair value. Dashed = 300-day average. As of Sep 23, 2026.

Follow Contango ORE in your weekly email

Every Wednesday you see whether Contango ORE is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Contango Silver & Gold Inc. engages in the exploration, development, and production of gold and associated minerals in Alaska and the Golden Triangle in British Columbia. It primarily focuses on exploring for gold and silver deposits. The company was formerly known as Contango Ore, Inc. and changed its name to Contango Silver & Gold Inc. in March 2026.

Show more

Contango Silver & Gold Inc. engages in the exploration, development, and production of gold and associated minerals in Alaska and the Golden Triangle in British Columbia. It primarily focuses on exploring for gold and silver deposits. The company was formerly known as Contango Ore, Inc. and changed its name to Contango Silver & Gold Inc. in March 2026. Contango Silver & Gold Inc. was founded in 2009 and is headquartered in Fairbanks, Alaska.

Stock analysis

Contango ORE Inc (CTGO) currently trades at $18.38, while our model-based Fair Value estimate is $12.55, implying the stock looks roughly 46.5% overvalued today.

Show more

Valuation

Bull case: the DCF Models group reads highest at a median of $12.92 per share, and 0 of the 3 models we run sit above the $18.38 price.

Bear case: the Growth DCF group reads lowest at $12.67, and 3 of the 3 models stay below the price. Evidence for this calculation is low.

Scenario range: $8.98 (bear) to $17.43 (bull), the price of $18.38 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 29/100 (below-average quality), in the Basic Materials sector.

Contango ORE Inc reported revenue of $0 in FY2025 versus $0 in FY2021. Reported net income was −$36.1M in FY2025.

Key figures

Market cap $595M · EPS (TTM) $−2.63 · Return on equity −23.7% · Return on assets (EBIT) −24.2% · EPS growth (YoY) −88.7% · Free cash flow $25.6M · Net cash $31.0M.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 22 out of 100 (low confidence).

What moves the price

The share trades about 44% below its 52-week high and 24% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Basic Materials peers we cover trades at 10% fair-value upside, at −32%, CTGO screens richer than that median.

Fair Value models

Bear $8.98 Fair Value $12.55 Bull $17.43
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF $9.61 $12.92 $17.15 71
Growth DCF $9.71 $12.67 $16.24 69
NCAV (Graham) $0.3800 $0.5000 $0.7500 54
All 3 models by family
DCF Models
FCF DCF $9.61 $12.92 $17.15 71
Asset-Based
NCAV (Graham) $0.3800 $0.5000 $0.7500 54
Growth DCF
Growth DCF $9.71 $12.67 $16.24 69

Open the full fair value analysis →

Notify me when CTGO reaches fair value

Put CTGO on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 29/100

Of which business quality 38 · Market factors (momentum, volatility) 40

Profitability 0
Margins and returns on capital today
Quality Growth 75
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 35
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 48
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 0
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

Growth Forecast

What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+11.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +9.0% a year for the price.

CTGO screens 46% overvalued. Compare with Zijin Mining Group →

Compare Contango ORE Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Gold · 238 stocks

Beats the industry median on 0/8 measures
Overall it trails its industry peers.
Valuation
Quality Score 29 · Bottom 25%
Fair Value upside −32% · Below median
Profitability
Return on assets −7% · Below median
Operating margin (TTM) 0% · Below median
Growth and dividend
Revenue growth 0% · Below median
Balance sheet
Debt / equity 1.19× · Highest 25%

Valuation Multiplesvs Gold median · lower = cheaper

P/B 23.69× · Priciest 25%
P/FCF 23.2× · Pricier than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 0
FUTURE (revenue growth)0 · sector 100
PAST (return on equity)0 · sector 17
HEALTH (low debt)41 · sector 98
DIVIDEND (yield)0 · sector 20

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Gold stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Zijin Mining Group 601899 ¥31.41 ¥43.81 +39%
Newmont Corporation NEM A$177.02 A$265.78 +50%
Agnico Eagle Mines Limited AEM $203.55 $223.91 +10%
Barrick Mining Corporation B $43.88 $65.40 +49%
Franco-Nevada Corporation FNV $267.20 $293.92 +10%
Wheaton Precious Metals Corp WPM $153.81 $89.12 −42%
AngloGold Ashanti plc AU $104.60 $88.63 −15%
Zijin Gold International Company 2259 HK$146.60 HK$83.20 −43%
Kinross Gold Corporation KGC $28.70 $51.30 +79%
Royal Gold, Inc RGLD $258.29 $284.12 +10%

Explore undervalued stocks

More undervalued Basic Materials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Contango ORE Inc · Fair Value
$12.55 −46%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "Contango ORE Inc Fair Value". https://www.fairvalue-calculator.com/stock/CTGO

Frequently asked questions

Is Contango ORE Inc (CTGO) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of $12.55 versus a price of $18.38, about −32% upside (overvalued).
What is the fair value of CTGO?
Our model-based fair value for Contango ORE Inc is $12.55 (as of Sep 23, 2026), built from audited fundamentals. The current price: $18.38.
What is the quality score of CTGO?
Contango ORE Inc has a Quality Score of 29/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Contango ORE Inc (CTGO)?
Our model-based price target is the fair value of $12.55 (as of Sep 23, 2026) from 3 valuation models. Cautious scenario $8.98, optimistic scenario $17.43. It is a calculation from audited fundamentals, not an analyst target.
What is the Contango ORE Inc stock forecast for 2026?
Our models put fair value at $12.55, about −32% upside versus a price of $18.38 (overvalued). Cautious scenario $8.98, optimistic scenario $17.43. The calculation is refreshed regularly with new filings.
What growth is priced into Contango ORE Inc (CTGO)?
For today's price to be fair in a discounted-cash-flow model, Contango ORE Inc would have to grow free cash flow by +11.6 % per year for five years (discount rate 9.8 %, then slowing evenly to 2 % perpetual growth by year ten). As of Sep 23, 2026.
What discount rate (WACC) does the fair value of CTGO use?
Our models discount Contango ORE Inc at 9.8 %: a base by market capitalisation (small), damped by beta 0.04, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Contango ORE Inc that is +11.6 % per year a year over ten years, using the same discount rate (9.8 %) and the same formula as our fair value.
How fast is the sector of Contango ORE Inc (CTGO) growing?
The median revenue growth in the sector is +3.3 % a year. That is the yardstick for the growth priced into Contango ORE Inc (+11.6 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Contango ORE Inc (CTGO)?
The free-cash-flow yield on the price is 4.30 %: that much free cash flow Contango ORE Inc produces per unit of market value. When it exceeds the discount rate of our models (9.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Contango ORE Inc (CTGO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Contango ORE Inc it is $12.55 per share (as of Sep 23, 2026), against a price of $18.38. It is the blended result of 3 valuation models (cash flow, earnings, asset, dividend).
Is Contango ORE Inc stock overvalued or undervalued in 2026?
As of Sep 23, 2026, CTGO trades above its calculated fair value: price $18.38, fair value $12.55, a gap of about −32% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CTGO?
No. The price is what the market pays today ($18.38); the fair value is what the company's own numbers justify ($12.55). For Contango ORE Inc the two are $5.83 per share apart. That gap is exactly why we show both numbers side by side.
How much is Contango ORE Inc worth?
The market values Contango ORE Inc at about $595M (market capitalisation, as of Sep 23, 2026). Per share that is $18.38; our models calculate a fair value of $12.55 per share.
What do the bullish and bearish scenarios say about CTGO?
Our models span a range for Contango ORE Inc: cautious scenario $8.98, base $12.55, optimistic $17.43 per share (as of Sep 23, 2026, price $18.38). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Contango ORE Inc (CTGO)?
Balance-sheet figures for Contango ORE Inc (as of Sep 23, 2026): return on equity −23.7%, debt of 1.19 per unit of equity. They feed the Quality Score of 29/100, which measures business quality independently of the share price.
How far is CTGO from its 52-week high?
Contango ORE Inc trades at $18.38, about 44% below its 52-week high of $33.10 and 24% above the low of $14.83 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of $12.55 is for.
Which stocks are comparable to Contango ORE Inc?
From the same area (Basic Materials) we also value Zijin Mining Group, Newmont Corporation, Agnico Eagle Mines Limited, Barrick Mining Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Contango ORE Inc stock attractive at the current price?
The data as of Sep 23, 2026: price $18.38, calculated fair value $12.55 (−32%), Quality Score 29/100, from 3 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CTGO calculated?
We run Contango ORE Inc through 3 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $12.55, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Contango ORE Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Contango ORE Inc (CTGO)?
The closing price on Sep 23, 2026 was $18.38. Our model-based fair value is $12.55, about −32% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Contango ORE Inc right now?
The price sits above even our optimistic bull case ($17.43). The favourable scenario is already priced in. Weak quality (29/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range ($8.98 to $17.43) leaves room in how you read the outcome.

Key figures of Contango ORE Inc

How large is the market capitalisation of Contango ORE Inc (CTGO)?
The market capitalisation of Contango ORE Inc is $595M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What are the earnings per share of Contango ORE Inc (CTGO)?
Earnings per share at Contango ORE Inc are $−2.63. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of Contango ORE Inc (CTGO)?
The return on equity (ROE) of Contango ORE Inc is −23.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Contango ORE Inc (CTGO)?
On an EBIT basis the return on assets of Contango ORE Inc is −24.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
How fast are earnings growing at Contango ORE Inc (CTGO)?
Earnings per share at Contango ORE Inc are growing −88.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Contango ORE Inc (CTGO) hold?
Contango ORE Inc holds more cash than debt, $31.0M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed

Watch Contango ORE Inc in the live analysis

One click puts Contango ORE Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.