Contango Silver & Gold, Inc. (CTGO)
AMEXMaterialsGoldSnapshot 2026-09-04
$19.77-1.84%
Close 2026-09-04 · 1-day change
AMEXMaterialsGoldSnapshot 2026-09-04
QuarterlyIQ Insights · CTGO
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Increase gold production from 40,000-45,000 ounces in 2026 to 75,000-80,000 ounces in 2027 with targeted cash costs and AISC per ounce.
Stated as a priority in 2 of last 2 quarters. Management guides 2026 gold production at 40,000 to 45,000 ounces and targets a significant increase to 75,000 to 80,000 ounces in 2027 with cash costs of $1,200 to $1,300 and AISC of $1,300 to $1,400 per ounce. The trajectory is delivering as operational execution advances and production phases ramp up.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Materials names rated neutral grew net income 46% of the time over the next year (vs 54% for the rest of the cohort, n=2582).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Guiding to 75,000 to 80,000 ounces of gold production at cash costs of $1,200 to $1,300 and AISC of $1,300 to $1,400 per ounce sold.”
“Manh Choh remains on track to meet 2026 guidance of 40,000 to 45,000 ounces, setting stage for 2027 guidance of 75,000 to 80,000 ounces.”
Acquire 100% ownership of Lucky Shot project and advance underground and surface drilling toward production decision in 2027.
Stated as a priority in 2 of last 2 quarters. Management completed acquisition of Lucky Shot project securing 100% ownership by July 2026 with $16.1M consideration and advanced underground development and drilling toward a 2027 production decision. The trajectory shows active progress and milestone achievement.
“Extinguished long-term liabilities by buying out Lucky Shot lease and 2% NSR royalty to secure 100% ownership.”
“Accelerating underground development and surface drilling at Lucky Shot with feasibility study targeted for H1 2027.”
Eliminate gold hedge contracts to provide shareholders with full exposure to gold price appreciation.
Stated as a priority in 2 of last 2 quarters. Management reduced hedge contracts from 22,000 ounces in Q1-2026 to full liquidation by Q2-2026, achieving 100% unhedged exposure to gold prices. The trajectory is delivering as planned.
“Hedge book fully liquidated, giving 100% unhedged upside to gold prices.”
“Reduced hedge contracts to 22,000 ounces and intend to fully settle by year-end.”
Progress drilling, resource estimation, permitting, and infrastructure development at Kitsault Valley and Johnson Tract projects.
Stated as a priority in 2 of last 2 quarters. Management has advanced Kitsault Valley drilling with over 35,000 meters completed by Q2-2026 and progressed Johnson Tract permitting and earthworks on schedule under FAST-41. The trajectory is delivering with exploration and development milestones met.
“Drilling at Kitsault Valley completed over 35,000 meters of 40,000-meter campaign, well ahead of schedule and under budget.”
“Planning and permitting activities ongoing at Johnson Tract with FAST-41 milestones met and earthworks advancing.”
Control cash costs and all-in sustaining costs per ounce to targeted ranges to maintain operational efficiency.
Stated as a priority in 2 of last 2 quarters. Management targets cash costs of $1,900 to $2,000 and AISC of $2,200 to $2,300 per ounce in 2026, improving to $1,200 to $1,300 cash costs and $1,300 to $1,400 AISC in 2027. The trajectory shows planned cost reductions aligned with production growth.
“Guiding to cash costs of $1,200 to $1,300 and AISC of $1,300 to $1,400 per ounce sold in 2027.”
“Anticipate cash costs between $1,900 to $2,000 and AISC of $2,200 to $2,300 per ounce of gold sold in 2026.”
Over the trailing year it converted 1.05x of net income into operating cash flow.
Most sensitive to the US dollar and the broad stock market.
Not enough signal to read sensitivity to real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
31 material management or governance events in the past 24 months, led by M&A activity. Historically, Materials names rated volatile grew net income 52% of the time over the next year (vs 50% for the rest of the cohort, n=717).
Not investment advice. As of 2026-09-04.