NYSE$CTGO
Contango Silver & Gold Inc · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
Contango Silver & Gold reported Q1 2026 net loss of $14.3M despite $12.8M equity income from Peak Gold JV.
For the three months ended March 31, 2026, Contango Silver & Gold reported a net loss of $14.3 million versus $22.5 million in Q1 2025. Income from its 30% Peak Gold LLC equity investment was $12.8 million, but losses on derivative contracts of $19.0 million and exploration/G&A spending offset results. The company holds silver-gold assets in Alaska and equity exposure to the Manh Choh project.
- Net loss $14.3M improved from $22.5M prior-year quarter.
- Equity income from Peak Gold JV $12.8M vs $22.3M prior year.
- Loss on derivative contracts $(19.0)M drove other expense.
- Exploration expense $3.8M; G&A $3.9M.
- Gain on metal sales $0.7M incidental to operations.
Headline financials
Revenue & EPS history
Contango Ore · Revenue · Quarterly
$0
Forward guidance
Precious metals explorer; no EPS guidance. Outlook tied to Peak Gold JV distributions, hedge positions, and Alaska exploration results.
Tailwinds
- Equity income from Peak Gold JV remains meaningful.
- Net loss narrowed versus prior year.
- Metal sales and interest income provide partial offsets.
Headwinds
- Derivative losses volatile quarter to quarter.
- Exploration and G&A cash burn continues.
- Commodity price and project execution risks.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2026
+1.9%
Avg return
Earnings day
-2.1%
Avg return
5 days after
-1.5%
Avg return
30 days after
40%
23 / 58 earnings
Positive
+42.9%
Q3 2016
Best reaction
-16.3%
Q3 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -6.7% | -23.7% | -37.4% | |
| Q4 2025 | -2.6% | -26.3% | +6.3% | |
| Q3 2025 | -3.4% | -6.1% | +15.8% | |
| Q2 2025 | +3.0% | -6.8% | +2.4% | |
| Q1 2025 | +0.2% | -0.5% | -1.8% | |
| Q4 2024 | -2.6% | -9.5% | +34.0% | |
| Q3 2024 | +1.9% | +7.1% | -36.6% | |
| Q1 2024 | +6.2% | +14.3% | +0.3% | |
| Q4 2023 | +8.0% | +13.8% | +2.9% | |
| Q3 2023 | -1.2% | -5.3% | +0.5% | |
| Q2 2023 | +0.0% | -3.2% | -3.8% | |
| Q1 2023 | -6.3% | -8.9% | -12.1% | |
| Q4 2022 | -1.3% | -1.3% | +25.1% | |
| Q3 2022 | -0.5% | -4.0% | -4.2% | |
| Q2 2022 | +3.2% | +4.0% | +12.0% | |
| Q1 2022 | +0.0% | -7.1% | +0.0% | |
| Q4 2021 | +0.3% | +0.3% | +16.7% | |
| Q3 2021 | +14.8% | +14.8% | -0.1% | |
| Q2 2021 | -4.5% | -4.5% | +2.3% | |
| Q1 2021 | +13.3% | +3.3% | -6.7% | |
| Q4 2020 | +0.0% | +0.0% | -6.3% | |
| Q3 2020 | -16.3% | -33.1% | +0.3% | |
| Q2 2020 | -0.6% | -15.1% | -5.7% | |
| Q1 2020 | -3.4% | +3.4% | +0.7% | |
| Q4 2019 | +5.9% | +5.9% | -14.7% | |
| Q3 2019 | -4.9% | -3.9% | -22.0% | |
| Q2 2019 | -0.8% | -1.3% | +8.9% | |
| Q1 2019 | +0.0% | -7.1% | -6.2% | |
| Q4 2018 | +0.0% | -2.0% | -8.7% | |
| Q3 2018 | -3.9% | +4.0% | -14.0% | |
| Q2 2018 | -2.6% | -5.3% | -2.6% | |
| Q1 2018 | +0.0% | +15.9% | +11.6% | |
| Q4 2017 | +0.0% | +0.0% | +15.9% | |
| Q3 2017 | +0.0% | +4.1% | +10.8% | |
| Q2 2017 | +2.6% | +7.7% | +0.0% | |
| Q1 2017 | -2.5% | +0.0% | -26.2% | |
| Q4 2016 | -2.0% | -2.1% | -12.2% | |
| Q3 2016 | +42.9% | — | — | |
| Q2 2016 | +15.2% | — | — | |
| Q4 2015 | +0.0% | — | — | |
| Q1 2016 | +0.4% | — | — | |
| Q3 2015 | +30.3% | — | — | |
| Q2 2014 | +18.8% | — | — | |
| Q1 2014 | -1.1% | — | — | |
| Q4 2013 | +5.9% | — | — | |
| Q4 2014 | +5.9% | — | — | |
| Q3 2014 | +0.0% | — | — | |
| Q3 2013 | -0.1% | — | — | |
| Q2 2013 | +0.0% | — | — | |
| Q1 2013 | -5.0% | — | — | |
| Q4 2012 | -12.1% | — | — | |
| Q4 2010 | +5.3% | — | — | |
| Q4 2011 | +5.3% | — | — | |
| Q3 2012 | +5.3% | — | — | |
| Q2 2012 | +1.2% | — | — | |
| Q2 2011 | +0.0% | — | — | |
| Q3 2011 | +0.0% | — | — | |
| Q1 2010 | +0.0% | — | — | |
| Q3 2010 | — | — | — |
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