Contango Ore Gears Up to Report Q2 Earnings: What to Expect?

Core Insights - Contango Ore, Inc. (CTGO) is expected to report a loss of $0.01 per share for Q2 2025, an improvement from the $1.90 loss per share reported in the same quarter last year [1][6] Financial Performance - The Zacks Consensus Estimate for CTGO's Q2 2025 results has remained unchanged over the past 60 days [1] - CTGO's earnings surprise history shows that the company has beaten the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 276.02% [4][5] - The company delivered 17,764 ounces of gold, generating $58.16 million in sales at a spot price of $3,274 per ounce [10][11] Production and Costs - During Q2, the Peak Gold Joint Venture processed 255,000 tons of ore, yielding approximately 52,000 ounces of recovered gold, of which CTGO's share was 15,700 ounces [10] - The All-In Sustaining Costs (AISC) rose to $1,548 per ounce due to capital expenditures and exploration drilling, although it remains below the 2025 target of $1,625 per ounce [11] - General and administrative expenses are expected to have increased due to legal, regulatory, and payroll costs, contributing to the anticipated quarterly loss [12] Stock Performance - CTGO shares have increased by 122.8% year-to-date, significantly outperforming the industry average growth of 17.8% [13]