Even if Gold Crashes, Contango ORE (CTGO) Income to Increase

Contango ORE (CTGO) has about 70% of its production hedged at $2,025 per ounce and once they deliver another 43,000 ounces these hedges will come off and CTGO will sell all of its gold at the spot price. CTGO earned operating income of $23 million in 2Q 2025 selling its gold at an average realized price of $2,441 per oz so imagine how profitable it will be in the future once it sells all of its gold at the spot price of $3,643 per oz!

Gold can crash by 30% over the next year and CTGO’s future income would be likely to still rise when hedges come off.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from CTGO of US$30,000 cash for three months of coverage and could receive a total of up to US$80,000 cash for ten months of coverage. This message is meant for informational and educational purposes only and does not provide investment advice.