CTGO Up 58.52% Since Release of NIA’s Report

Contango ORE (CTGO) gained by 11.80% today to $20.37 per share and is so far up by 58.52% in eight trading days since the release of our CTGO report! Click here to read it (our most important report in history)! CTGO will generate 2025 revenue of approximately $12 million per employee, which is 3.31x higher than NVIDIA (NVDA).

CTGO has the highest free cash flow per share out of all publicly traded gold companies!

CTGO is currently trading for only 8.63x its free cash flow per share of $2.36 from 1Q 2025 alone. If you annualize CTGO's 1Q 2025 free cash flow per share it comes out to $9.44.

CTGO is currently trading for only 2.16x its 1Q 2025 free cash flow per share annualized. The average gold miner is currently trading for 14.76x their 1Q 2025 free cash flow per share annualized. This same multiple would value CTGO at $139.33 per share.

CTGO reported nearly double the 1Q 2025 free cash flow per share of Royal Gold (RGLD), and RGLD is trading for $178.68 per share.

RGLD is trading for 37.54x its 1Q 2025 free cash flow per share annualized. This same multiple would value CTGO at $354.38 per share.

Manh Choh is one of the highest grade producing U.S. gold mines and one of the world's highest grade producing open pit gold mines! Lucky Shot and Johnson Tract will produce even higher gold equivalent grades than Manh Choh!

CTGO CEO Rick Van Nieuwenhuyse previously discovered Donlin a gold project currently worth $2 billion after billionaire hedge fund manager John Paulson took a 40% stake in it last month for $800 million. We like Johnson Tract even more than Donlin due to its high grades, low capex, and clear path to permitting. CTGO's innovative one-of-a-kind Direct Shipping Ore (DSO) model eliminates the need to build a mill or tailings facility. Johnson Tract is one of the world's highest grade polymetallic deposits with an Indicated Resource of 3.489 Mt grading 9.39 g/t gold equivalent comprised of 5.33 g/t gold, 6.0 g/t silver, 0.56% copper, 0.67% lead and 5.21% zinc.

CTGO's 2024 acquisition of HighGold for the world-renowned Johnson Tract came with 5 million Onyx Gold (TSXV: ONYX) shares. So far in 2Q 2025, ONYX has gained by 385.19% to $1.31 per share, which means CTGO's 5 million ONYX shares are now worth a very significant CAD$6.55M or USD$4.74M! ONYX was a spin-off of HighGold's lesser quality assets that CTGO didn't need, and ONYX has a current market cap of CAD$73.06 million! CTGO issued only 1,698,887 shares to acquire HighGold, making it one of the biggest value creating acquisitions in the history of North American gold exploration & development.

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 a three-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.