Sep 30, 2022

Contango Ore Q1 2023 Earnings Report

Reported a net loss due to increased exploration efforts.

Key Takeaways

Contango ORE, Inc. reported a net loss of $7.1 million, or ($1.05) per basic and diluted share, for the quarter ended September 30, 2022. The increased loss was attributed to increased exploration efforts at the Company’s Lucky Shot project.

The annual meeting of stockholders was held on November 10, 2022.

Directors were elected to serve until the 2023 annual meeting of stockholders.

The company filed its Form 10-Q for the quarter ended September 30, 2022.

Exploration efforts increased at the Company’s Lucky Shot project.

EPS
-$1.05
Previous year: -$0.68
+54.4%
Cash and Equivalents
$17.8M
Previous year: $26.8M
-33.4%
Free Cash Flow
-$5.26M
Previous year: -$1.55M
+238.4%
Total Assets
$32M
Previous year: $41.5M
-22.9%

Contango Ore

Contango Ore