Contango ORE (NYSEAMERICAN:CTGO) CFO Michael Aaron Clark Sells 1,289 Shares

Posted by Brian Himes on Aug 20th, 2026

Contango ORE, Inc. (NYSEAMERICAN:CTGO – Get Free Report) CFO Michael Aaron Clark sold 1,289 shares of Contango ORE stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $20.94, for a total value of $26,991.66. Following the sale, the chief financial officer directly owned 54,709 shares of the company’s stock, valued at approximately $1,145,606.46. This trade represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Contango ORE Price Performance

Shares of CTGO opened at $21.00 on Thursday. The company has a current ratio of 1.06, a quick ratio of 1.27 and a debt-to-equity ratio of 0.06. The stock has a market cap of $679.77 million, a P/E ratio of -7.14 and a beta of -0.01. The stock’s 50-day moving average price is $16.95 and its two-hundred day moving average price is $21.01. Contango ORE, Inc. has a 1 year low of $14.50 and a 1 year high of $34.38.

Contango ORE (NYSEAMERICAN:CTGO – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.18. On average, equities analysts predict that Contango ORE, Inc. will post 0.94 earnings per share for the current year.

Hedge Funds Weigh In On Contango ORE

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Deutsche Bank AG lifted its holdings in shares of Contango ORE by 4.3% in the fourth quarter. Deutsche Bank AG now owns 10,104 shares of the company’s stock valued at $267,000 after purchasing an additional 417 shares in the last quarter. Bridgeway Capital Management LLC raised its position in Contango ORE by 4.7% in the 4th quarter. Bridgeway Capital Management LLC now owns 22,400 shares of the company’s stock valued at $592,000 after buying an additional 1,000 shares during the last quarter. Strs Ohio bought a new stake in Contango ORE in the 4th quarter valued at approximately $29,000. Russell Investments Group Ltd. boosted its position in Contango ORE by 129.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 2,320 shares of the company’s stock worth $58,000 after acquiring an additional 1,311 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in shares of Contango ORE by 141.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,264 shares of the company’s stock worth $44,000 after acquiring an additional 1,327 shares in the last quarter. 19.14% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Zacks Research raised Contango ORE to a “hold” rating in a research note on Wednesday, May 20th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $33.50.

View Our Latest Stock Report on Contango ORE

Contango ORE Company Profile

(Get Free Report)

Contango ORE Royalty Trust (NYSE American: CTGO) is a grantor royalty trust that holds net overriding royalty interests in oil and gas properties. As a non‐operating entity, the trust itself does not engage in exploration, drilling or production activities but instead receives a percentage of revenues generated by producing wells. This structure offers investors exposure to commodity price movements and production volumes without the direct capital expenditure or operational risks associated with upstream oil and gas companies.

The trust’s assets consist primarily of royalty interests in offshore leases located on the continental shelf of the Gulf of Mexico.