NYSE$CTGO
Contango Silver & Gold Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported a net loss for the quarter ended December 31, 2021, and outlined plans for upcoming milestones.
Contango ORE, Inc. reported a net loss of $4.9 million, or $0.72 per share, for the quarter ended December 31, 2021. The company is focused on advancing its projects, including the Manh Choh deposit and Lucky Shot project.
- Net loss of $4.9 million, or $0.72 per share, for the quarter ended December 31, 2021.
- Completed Manh Choh field program and submitted 404 permit application.
- Engaged Atkinson to refurbish and extend the Enserch tunnel at the Lucky Shot project.
- Peak Gold JV approved an approximately $48 million program to complete a feasibility study on the Manh Choh deposit.
Headline financials
Revenue & EPS history
Contango Ore · Revenue · Quarterly
$0
Forward guidance
The company is positioned to accomplish milestones that management expects to add shareholder value, including completing a feasibility study for the Manh Choh deposit, starting drilling at the Lucky Shot site, and continuing early exploration on other projects.
Tailwinds
- Complete a feasibility study for the Manh Choh deposit.
- Complete the US Army Corps of Engineers 404 federal permitting effort for Manh Choh.
- Complete early-work construction on the construction/operating camp, roads and laydown areas for Manh Choh.
- Start drilling at the Lucky Shot site in July.
- Continue early exploration on Triple Z, Shamrock and Eagle-Hona projects.
Headwinds
- Risks of the exploration and mining industry.
- Uncertainties involving geology and the speculative nature of the mining industry.
- Volatility of natural resources prices, including prices of gold and associated minerals.
- Potential delays or changes in plans with respect to exploration or development projects or capital expenditures.
- The extent of disruptions caused by the COVID-19 outbreak.
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 Q2 2022
+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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