Contango ORE (CTGO) About to Breakout Only 6.30x Free Cash Flow

Contango ORE (CTGO) gained by 4.39% today to $22.60 per share its highest closing price since NIA's suggestion. CTGO's biggest breakout in history is imminent.

Gold miners with high-grade projects typically trade at the highest premium multiples, but undiscovered CTGO has a current enterprise value of only $280.49 million with trailing twelve month free cash flow of $44.49 million for an enterprise value/free cash flow ratio of 6.30, which is the lowest enterprise value/free cash flow ratio in the industry!

CTGO's Manh Choh is one of the world's highest grade producing open pit gold mines with average grades of 7 g/t gold!

CTGO's Lucky Shot gold project has average indicated resource grades of 14.5 g/t gold and it is fully permitted for production!

CTGO's Johnson Tract polymetallic gold project has average indicated resource grades of 9.39 g/t gold equivalent!

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.