secwatch.observer — SEC 8-K summary
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Issuer:     Contango Silver & Gold Inc. (CTGO)
CIK:        0001502377
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0000950170-24-126727
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Contango Ore Q3 net loss narrows to $9.7M; first production from Manh Choh drives cash flow
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- Q3 net loss $9.7M ($0.81/share) vs loss $13.2M ($1.47/share) in Q3 2023; includes $22.9M unrealized derivative loss.
- Revenue of $62.3M from 27,677 oz gold sold at avg $2,253/oz; cash costs $1,181/oz; operating cash flow positive $10.6M YTD.
- Cash $36.2M at Sept 30, up from $24.1M at June 30; subsequent to quarter end, received $12M JV distribution.
- Manh Choh gold production commenced July 2024; 2024 guidance 30,000-40,000 oz, CEO expects near upper end at ~38,500 oz.
- Completed acquisition of HighGold Mining Inc. July 2024 for ~$33.4M in stock; Johnson Tract drilling ongoing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502377/000095017024126727/0000950170-24-126727-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502377/000095017024126727/ctgo-20241114.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-126727

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