Contango ORE reports Q3 net loss of $7.9M; raises $6.9M via warrant exercises

Contango Silver & Gold Inc.

2023-Q3 EPS reported -$4.23

Net loss $7.9M ($1.09/share) for quarter ended March 31, 2023, vs. $6.8M ($1.01) a year ago.
Nine-month net loss $29.3M ($4.23/share) vs. $16.3M ($2.42) prior year.
Raised $6.9M cash from early warrant exercises; cash balance ~$9.5M.
Peak Gold JV (30% interest) in development phase; first production at Manh Choh mine expected in 2024.
Filed Form 10-Q for the quarter.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Contango Silver & Gold Inc. reported quarter ended March 31, 2023 results: net income -7.9 million, EPS -1.09.

Period: quarter ended March 31, 2023
Net income: -7.9 million
EPS: -1.09
Result: reported results

Exact text from the filing

Contango ORE, Inc. (“Contango,” "CORE" or the “Company”) (NYSE American: CTGO) announced that it had a net loss of $(7.9) million, or $(1.09) per basic and diluted share, for the three months ended March 31, 2023

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Contango Silver & Gold Inc. filing history →

Source: SEC EDGAR

accession 0001157523-23-000865

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