secwatch.observer — SEC 8-K summary
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Issuer:     Contango Silver & Gold Inc. (CTGO)
CIK:        0001502377
Form:       8-K
Filed at:   2025-03-17T23:59:59+00:00
Accession:  0000950170-25-039852
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Contango ORE reports FY2024 net loss $38M; Manh Choh gold production beats guidance at 41,325 oz
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- Net loss of $38.0M ($3.49/diluted share) includes $34.3M unrealized derivative loss; gold sales $94.3M.
- Manh Choh gold production (30% share) 41,325 oz, beating 30k-35k guidance; cash cost $1,209/oz.
- Average blended realized gold price $2,281/oz; cash distributions from Peak Gold JV $40.5M.
- Debt reduced 36% to $38.3M (post-period); hedge contracts cut 30% to 86,739 oz as of Dec 31, 2024.
- 2025 guidance: 60,000 oz gold production; Johnson Tract PEA expected in coming weeks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502377/000095017025039852/0000950170-25-039852-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502377/000095017025039852/ctgo-20250317.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-039852

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer