Contango Ore (NYSEAMERICAN:CTGO – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported ($1.38) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.04) by ($0.34), MarketWatch Earnings reports.
Contango Ore Trading Up 5.1 %
CTGO stock opened at $18.76 on Friday. Contango Ore has a one year low of $17.01 and a one year high of $33.67.
Institutional Trading of Contango Ore
Several institutional investors have recently made changes to their positions in CTGO. Citigroup Inc. grew its stake in shares of Contango Ore by 99.1% during the 2nd quarter. Citigroup Inc. now owns 1,109 shares of the company’s stock valued at $28,000 after buying an additional 552 shares during the period. California State Teachers Retirement System purchased a new stake in Contango Ore during the 2nd quarter worth $32,000. UBS Group AG boosted its position in Contango Ore by 5,168.2% during the 3rd quarter. UBS Group AG now owns 1,159 shares of the company’s stock worth $35,000 after purchasing an additional 1,137 shares during the period. Wells Fargo & Company MN boosted its position in Contango Ore by 7,310.0% during the 2nd quarter. Wells Fargo & Company MN now owns 1,482 shares of the company’s stock worth $38,000 after purchasing an additional 1,462 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Contango Ore by 576.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,970 shares of the company’s stock worth $76,000 after purchasing an additional 2,531 shares during the period. 12.91% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
About Contango Ore
Contango Ore, Inc, an exploration stage company, engages in the exploration of gold and associated minerals in the United States. It also explores for copper and silver deposits. The company, through its subsidiaries, leases approximately 675,000 acres from the Tetlin Tribal Council and holds approximately 13,000 State of Alaska mining claims for exploration and development; leases mineral rights approximately 8,600 acres of State of Alaska and patented mining claims for exploration from Alaska Hard Rock, Inc; and owns 100% interest in the mineral rights to approximately 214,600 acres of State of Alaska mining claims for exploration located north and northwest of the Manh Choh Project.
- Five stocks we like better than Contango Ore
- Canada Bond Market Holiday: How to Invest and Trade
- 2 Wrecked Stocks Keeping Cars on the Road Ready for Repair
- How to Effectively Use the MarketBeat Ratings Screener
- WeWork Stock Soars: Meme Stock Madness or Mirage?
- Why Invest in High-Yield Dividend Stocks?
- Shutterstock is the Value Stock they don’t want you to know about
Receive News & Ratings for Contango Ore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Contango Ore and related companies with MarketBeat.com's FREE daily email newsletter.