Contango Silver & Gold Inc. (CTGO) Discusses Trends and Volatility in Gold, Silver, Copper, and Tungsten Markets Transcript
Contango Silver & Gold Inc. (CTGO) Discusses Trends and Volatility in Gold, Silver, Copper, and Tungsten Markets Transcript
Contango Ore, Inc. operates as an exploration-phase enterprise, primarily dedicated to prospecting for gold and other associated minerals across the United States. ...
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Est. EPS $-0.09 · Revenue $88.30M · 1 analysts
Est. EPS $4.35 · Revenue $0.00 · 1 analysts
Est. EPS $1.46 · Revenue $0.00 · 1 analysts
Est. EPS $1.06 · Revenue $0.00 · 1 analysts
EPS $-0.44 · Revenue $0.00
EPS $-3.49 · Revenue $0.00
EPS $-1.88 · Revenue $0.00
EPS $0.88 · Revenue $0.00
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $0 | — | — |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-36.1M | +5.1% | +40.6% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | — | — | — |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | — | — | — |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | — | — | — |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $25.6M | +3686.6% | -43.3% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | — | — | — |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 134.9% | -97.5% | -92.4% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.90x | +207.3% | +42.1% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $172.0M | +28.4% | +173.5% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -2.80 vs 1.97 | -242.1% | -0.83 vs 0.65 | -227.0% |
| Revenue Surprise | $0 vs $36.7M | -100.0% | $0 vs $20.5M | -100.0% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 19, 2026 | Clark Michael Aaron | officer: CFO | Common Stock, par value $0.01 | D | 1,289 | $20.94 |
| Aug 19, 2026 | Larimer David Gregory | officer: VP Exploration | Common Stock, par value $0.01 | D | 96 | $20.94 |
| Jun 25, 2026 | Van Nieuwenhuyse Rick | director, officer: President & CEO | Common Stock, par value $0.01 | A | 4,111 | $15.24 |
| Apr 8, 2026 | Khunkhun Shawn | director, officer: President and Director | Common Stock, par value $0.01 | A | 20,650 | $12.46 |
| Apr 8, 2026 | Khunkhun Shawn | director, officer: President and Director | Stock Option (right to buy) | D | 20,650 | $12.46 |
Bianca Pisciola: All right. Good morning, good afternoon or good evening, depending on where in the world you're login from today. I lucky enough to have with me today Rick Van Nieuwenhuyse, CEO of Contango Silver & Gold; and Mike Clark, the company's CFO, to discuss their recently released Q2 financials. Gentlemen, how are you doing today? Rick Van Nieuwenhuyse: Good morning, Bianca. Good to see you again. J. Clark: Good morning. Rick Van Nieuwenhuyse: And you, too, Mike. Bianca Pisciola: Always good to see you both. For folks in the room, this is an interactive event. So you can use the chat button at the bottom at any point of today's event to get -- to submit your questions. We will try to get to your questions, but note that this is only a half an hour event today. So if, for whatever reason, we don't get to your questions, someone from the Contango team will be able to help you very shortly. You can also request a meeting with the team at any point during today's event by clicking the request meeting button at the bottom of your screen. All right. Let's get into it today. Bianca Pisciola: Rick, this is the first full quarter reporting as Contango Silver & Gold at Kitsault Valley -- with Kitsault Valley in the portfolio and the hedge book fully behind you as of July. Before we get into the numbers, how would you like to frame where the company sits today compared to where it was at this point last year? Rick Van Nieuwenhuyse: Yes. I mean, obviously, adding the Dolly Varden asset to Kitsault, I mean, it really is a world-class asset, and I think that's why we were eager to get the transaction completed. The teams are integrated. We'll talk more about the drilling later, but we've got 5 rigs turning at Kitsault, but there's a lot of other activity going on in the company at Lucky Shot and at Johnson Tract. But I think, frankly, the most exciting news for me is we're out from underneath the hedges. We've got a clear exposure for our shareholders to the upside in the gold price, which I think -- it shot up over $5,500, went back to $4,000, seemed to find a floor at $4,000. And that's when the team said, "Okay, now it's the time to take care of the hedges." And I think that was the right call. So -- we've seen gold price continue to move up, and we're seeing now the -- we're getting the advantage of that. So I think from the macro side, which we can talk about later. But I think the company is in a great position. We're generating strong cash flows. We've got the better half of this year ahead of us with production from Manh Choh. We always guided that the first half was going to be lower and higher cost. And then, of course, we're set up well for 2027 when we'll have our -- probably the best year at Manh Choh with good grades and high grades, good grades and low cost. So -- yes, we're -- I think I'm really pleased with where we are as a company, and we still only have 33 million shares outstanding. So I think we're all, I think, pretty proud of …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Rick Van Nieuwenhuyse | CEO & Director | USD 1,291,500 | Male | 1956 | Active |
J. Michael Clark | Executive Vice President, Chief Financial Officer & Corporate Secretary | USD 711,500 | Male | 1982 | Active |
Chris Kennedy | Vice President of Exploration | — | Male | — | Active |
Shawn Khunkhun | President & Director | — | Male | 1982 | Active |
David Larimer | Vice President of Exploration | — | Male | — | Active |
Contango Silver & Gold Inc. (CTGO) Discusses Trends and Volatility in Gold, Silver, Copper, and Tungsten Markets Transcript
Contango ORE NYSEAMERICAN: CTGO President and CEO and Director Rick Van Nieuwenhuyse said the company has eliminated its hedge book and is positioning shareholders for full exposure to gold prices, as speakers on a metals-focused webinar described the recent pullback in gold and silver as a correction within a broader bull market.
Contango ORE NYSEAMERICAN: CTGO executives said the company has eliminated its remaining gold hedge book by converting the last 15,000 ounces of hedged gold into debt, a move management framed as increasing shareholder exposure to gold prices while preserving equity.
Contango Silver & Gold Inc. (CTGO) Discusses Hedge Conversion and Increased Gold Price Exposure Transcript
FAIRBANKS, Alaska, July 6, 2026 /PRNewswire/ - Contango Silver & Gold Inc. ("Contango" or the "Company") (NYSE American: CTGO) (TSX: CTGO) is pleased to announce that it has amended its credit facility (the "Amended Credit Facility") to convert the remaining 15,000 ounces of hedged gold into debt with its existing lenders. As part of the Amended Credit Facility, the interest rate was reduced to approximately 7.40%.