How to Buy Contango Ore Stock
Contango Ore Inc
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.
Contango Ore stock last closed at $10.38, down 2.63% from the previous day, and has decreased 51.68% in one year. It has underperformed other stocks in the Gold industry by 0.96 percentage points. Contango Ore stock is currently +17.29% from its 52-week low of $8.85, and -59% from its 52-week high of $25.32.
At the moment, there are 12.25M CTGO shares outstanding. The market cap of CTGO is $127.14M. In the last 24 hours, 229,538 CTGO shares were traded.
How to Buy Contango Ore Stock
Not sure how to invest in Contango Ore stock? Here's how.
- Choose where to buy Contango Ore stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Contango Ore stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your payment method and add your info.
- Evaluate Contango Ore stock: The Contango Ore ticker symbol is CTGO. Is Contango Ore stock a good investment? Should you buy shares of CTGO? How do CTGO's underlying business fundamentals look? Do top analysts think Contango Ore is a good buy? Why has CTGO's stock price moved recently? (Hint: Our stock research tools can help you decide if CTGO is a good stock to buy).
- Make your CTGO buy order: Decide if you will purchase CTGO shares at the current market price or use a limit order to buy CTGO shares at a given price.
- Monitor your CTGO position: Create a watchlist to keep track of your new investment in Contango Ore shares.
Step 1: Choose where to buy Contango Ore stock
You need a brokerage account to access the NYSEMKT market and buy CTGO stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global financial markets: From Technology to Healthcare, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal information so you can invest in CTGO stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open your new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on the best free stock trading app, your next step is to transfer the money for your investment:
Check out the tutorial below to see the process of depositing money into your new brokerage account.
Step 4: Evaluate Contango Ore stock
Once you have figured out the best place to buy Contango Ore stock, it's crucial to research their stock before you buy, so you can comprehend the risk and opportunity.
Contango Ore quick stats
Contango Ore Due Diligence Checks
WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on CTGO's stock page.
What is the fair value of CTGO stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CTGO's intrinsic value.
Using relative valuations metrics:
- CTGO could be overvalued based on its P/B ratio of 99.9x, relative to Gold industry P/B ratio of 2.21x
You can access additional valuation analysis on CTGO's stock here.
CTGO Financial Health Overview
Negative Financial Indicators:
- CTGO earnings of -$26.38M is not enough to cover its interest payments.
- Total CTGO debt is higher than 5 years ago, relative to shareholder equity.
- CTGO has a relatively high debt to equity ratio of 104.21.
- There are more short-term liabilities than short-term assets on the CTGO balance sheet.
- CTGO's operating cash flow of $698.99k allows it to safely service it's debt of $68.97M.
- There are more long-term liabilities than short-term assets on the CTGO balance sheet.
Is CTGO stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who give recommendations on CTGO, the consensus analyst rating on Contango Ore is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Contango Ore stock forecast page.
CTGO Momentum
What are CTGO insiders up to?
In the past year, executives and large shareholders at CTGO have sold more shares than they have bought.
Nieuwenhuyse Rick Van, President CEO of CTGO, was the latest CTGO insider to sell. They sold $659,278.55 worth of CTGO shares on Jan 15, 2025.
Get more info about who owns CTGO stock here.
Does CTGO stock generate passive income?
No, Contango Ore doesn't provide an income stream by paying out dividends.
What others are saying about CTGO
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your CTGO buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, place a limit order.
Click the Open Trade button and your broker will place the order.
If you want more help buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your CTGO position
Now that you own some CTGO stock, you'll want to stay up-to-date on your new investment.
Start a watchlist to get notified of important updates regarding your CTGO stock.
CTGO Feed
How to Buy Stock in Contango Ore
To summarize, here are the 6 steps to buy Contango Ore stock:
- Choose where to buy Contango Ore stock
- Create a brokerage account
- Deposit money your investment account
- Evaluate Contango Ore stock
- Make your CTGO buy order
- Monitor your CTGO position
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your investment in Contango Ore, create a watchlist today.
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