{"id":4403,"date":"2025-10-13T17:20:51","date_gmt":"2025-10-13T21:20:51","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=4403"},"modified":"2025-10-14T10:54:26","modified_gmt":"2025-10-14T14:54:26","slug":"contango-ore-ctgo-gains-5-percent-to-new-27-month-closing-high","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/technicals\/contango-ore-ctgo-gains-5-percent-to-new-27-month-closing-high\/","title":{"rendered":"Contango ORE (CTGO) Gains 5.07% to New 27-Month Closing High"},"content":{"rendered":"\n

Contango ORE (CTGO) gained by 5.07%<\/span> <\/strong>today to a new 27-month closing high<\/strong><\/span> of $25.68 per share<\/strong>.<\/span><\/span><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

When NIA sent out an alert at 11:44am this morning announcing that its President purchased<\/span> 1,000 shares<\/strong>, CTGO<\/strong> was trading for only $25.11 per share<\/strong> and rallied by 2.27%<\/strong><\/span> into the close.<\/span><\/span><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The $33 million cash distribution<\/strong><\/span> payment that CTGO<\/strong> received<\/strong><\/span> on October 2nd is equivalent<\/strong><\/span> to a royalty<\/span> <\/strong>payment because Kinross Gold (KGC)<\/strong> is paying the operating expenses<\/span><\/strong> at the Manh Choh<\/strong> mine.<\/span><\/span><\/p>\n\n

Royalty companies<\/strong> trade at high <\/strong><\/span>multiples<\/strong><\/span>: RGLD 16.36x<\/span> revenue<\/strong>, FNV 31.31x<\/span> revenue<\/strong>, WPM 29.43x<\/span> revenue<\/strong>, etc.<\/span><\/span><\/p>\n\n

CTGO's total payments<\/strong> for 2025<\/strong> will likely reach $120 million<\/strong><\/span> and even a multiple<\/strong><\/span> of only 10x<\/span> revenue<\/strong> would value CTGO<\/strong> at $1.2 billion<\/strong> or 3.12x above<\/strong><\/span> its current market cap of $384.285 million<\/strong>!<\/span><\/span><\/p>\n\n

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. NIA’s President has purchased 1,000 shares of CTGO in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.<\/em><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Contango ORE (CTGO) gained by 5.07% today to a new 27-month closing high of $25.68 per share. When NIA sent out an alert at 11:44am this morning announcing that its President purchased 1,000 shares, CTGO was trading for only $25.11 per share and rallied by 2.27% into the close. The $33 million cash distribution payment […]<\/p>\n","protected":false},"author":1,"featured_media":4406,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[48,47,53,9,58,49,54,17,52,24],"class_list":["post-4403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technicals","tag-copper","tag-ctgo","tag-fnv","tag-gold","tag-kgc","tag-lead","tag-rgld","tag-silver","tag-wpm","tag-zinc"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/4403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=4403"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/4403\/revisions"}],"predecessor-version":[{"id":4407,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/4403\/revisions\/4407"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/4406"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=4403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=4403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=4403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}