secwatch.observer — SEC 8-K summary
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Issuer:     Contango Silver & Gold Inc. (CTGO)
CIK:        0001502377
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0000950170-25-108206
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Contango posts record Q2 net income of $15.9M; gold sales of 17,764 oz at AISC $1,548/oz
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- Record income from operations of $23.0M vs $3.1M loss in Q2-2024.
- Net income $15.9M ($1.26 diluted EPS) vs net loss of $18.5M ($1.90 loss) in Q2-2024.
- Sold 17,764 oz gold; cash costs $1,416/oz, AISC $1,548/oz; 2025 guidance reaffirmed at 60,000 oz.
- Cash from operations $36.9M YTD-2025 vs using $6.9M in YTD-2024; cash balance $36.5M.
- Reduced credit facility to $23.1M (post-period $7M repayment); hedge balance cut to 62,900 oz.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502377/000095017025108206/0000950170-25-108206-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502377/000095017025108206/ctgo-20250813.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-108206

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