$ 22.22
Key Takeaways
Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Contango Ore, Inc., an exploration stage company, engages in the exploration of gold and associated minerals in the United States. It also explores for copper and silver deposits. The company, through its subsidiaries, leases approximately 675,000 acres from the Tetlin Tribal Council and approximately 13,000 State of Alaska mining claims for exploration and development; and...
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is underpriced on P/E, undervalued on P/FC.
Target Price
The average target price of CTGO is 32 and suggests 46% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
