CTGO

Contango Ore, Inc. is a company in the Basic Materials sector, specifically within the Gold industry. It has a relatively small scale, with 12 employees and a market capitalization of $406.72M. The company's financial health indicates significant challenges. Its margins are negative, with gross margin, operating margin, and profit margin all at 0.0%. This is reflected in its returns, which include a return on equity of -6.9% and a return on assets of -5.5%. The balance sheet shows substantial debt, with a debt to equity ratio of 88.05, but also a significant cash position of $106.98M. Valuation metrics paint a picture of a company in need of improvement. Its P/E ratio is 143.05 (TTM) and forward P/E is 5.99, indicating a potentially volatile stock price. The EV/EBITDA ratio of -19.96 suggests that the company's valuation may be out of line with its earnings performance, which has resulted in a net loss of $1,291,291 over the trailing twelve months. Free cash flow stands at $28.30M, but this is not sufficient to offset the company's significant losses.