Added to YB: 2026-04-03
Pitch date: 2026-03-31
CTGO [bullish]
Contango Silver & Gold Inc.
+6.23%
current return
Author Info
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Company Info
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.
Market Cap
$800.5M
Pitch Price
$18.95
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.37
P/E
-13.45
EV/Sales
N/A
Sector
Metals and Mining
Category
turnaround
PDAC '26 Sit-Downs: Contango Silver & Gold Has 20 Years of High-Grade Gold
CTGO: Producing 60k+ oz/yr high-grade gold at Manh Choh w/ ~$1500 AISC. $50M raise to eliminate hedges; fully exposed to spot by summer (~$140M+ annual cash boost from hedge removal & debt payoff). Dolly Varden merger closed (100M+ oz Ag, 1M+ oz Au). Lucky Shot drilling hit 60.22 g/t Au over 5.92m; targeting 400-500k oz resource @ 10-15 g/t for 50k oz/yr production. Johnson Tract permitted by May 2028. Debt-free by EOY. Down 50% despite $4500 Au creating massive margins.
Read full article (5 min)